Insider Trading Activity in Public Markets

Insider Trading Activity in Public Markets

theglobeandmail.com

Insider Trading Activity in Public Markets

Analysis of recent insider trading activity at four publicly traded companies, including both buying and selling transactions.

English
Canada
Labour MarketEnergy SecurityInvestmentStock MarketFinanceInternational TradeInsider TradingCompany
Canadian National Railway Co.Secure Energy Services Inc.Phx Energy Services Corp.Tfi International Inc.Globe Investor
Jo-Ann Depass OlsovskyMargaret MckenzieWendy HanrahanCameron RitchieDavid Saperstein
What is the overall significance of reported insider trading activity?
Insider trading activity, while not a perfect indicator, offers valuable insight into the perceived value of a company's stock by those with intimate knowledge of its operations. Multiple insiders trading in the same direction carries more weight than isolated instances.
What insider trading activity happened at TFI International Inc. (TFII-T)?
TFI International Inc. (TFII-T) chief financial officer David Saperstein also exercised options and subsequently sold shares, generating substantial proceeds. Similar to PHX, this sale doesn't automatically suggest negative valuation.
Were there any recent insider purchases at Secure Energy Services Inc. (SES-T)?
Secure Energy Services Inc. (SES-T) director Wendy Hanrahan also bought a significant number of shares, further suggesting positive insider sentiment towards the company.
Describe the recent insider transaction activity at PHX Energy Services Corp. (PHX-T).
PHX Energy Services Corp. (PHX-T) senior vice-president Cameron Ritchie exercised options and sold shares, resulting in a significant net profit. This sale might be for personal reasons and doesn't necessarily reflect a negative view of the company's valuation.
What recent insider trading activity has occurred at Canadian National Railway Co. (CNR-T)?
Canadian National Railway Co. (CNR-T) saw directors Jo-Ann dePass Olsovsky and Margaret McKenzie purchase shares, indicating confidence in the company's future prospects. This buying activity occurred despite the stock hitting a 52-week low.