5 days ago
Tuesday's Insider Report: Director invests in 2025's top-performing Big 6 Canadian bank stock
Featured below are companies that have experienced recent insider trading activity in the public market through their direct and indirect ownerships, including accounts they have control or direction over.
The list features insider transaction activity; it does not convey total ownership information as an insider may hold numerous accounts.
Keep in mind, when looking at transaction activities by insiders, purchasing activity may reflect perceived value in a security. Selling activity may or may not be related to a stock's valuation; perhaps an insider needs to raise money for personal reasons. An insider's total holdings should be considered because a sale may, in context, be insignificant if this person has a large remaining position in the company. I tend to put great weight on insider transaction activity when I see multiple insiders trading a company's shares or units.
Listed below is a bank stock that has had recent buying activity in the public market reported by an insider.
Toronto-Dominion Bank (TD-T)
On May 28, director Ana Arsov invested over $283,000 in shares of TD Bank. She acquired 3,000 shares at a cost per share of $94.49, increasing the holdings in this particular account to 6,483 shares.
Year-to-date, TD's share price is up more than 25 per cent, making it the best performing Canadian Big Six bank stock.
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Listed below are three stocks that have had recent selling activity in the public market reported by insiders.
Cameco Corp. (CCO-T)
On May 27, senior vice president and deputy chief financial officer Heidi Shockey exercised her options, receiving 10,030 shares at a cost per share of $11.32, and sold 10,030 shares at a price per share of $83.34 with 13,553 shares remaining in this particular account. Net proceeds totaled over $722,000, excluding any associated transaction charges.
On May 27, Leontine van Leeuwen-Atkins, who sits on the board of directors, sold 3,252 shares at a price per share of $85 for an account in which she has control or direction over (Leontine Atkins Professional Corporation), after which this specific account did not hold any shares. Proceeds from the sale exceeded $276,000, not including trading fees.
Fortis Inc. (FTS-T)
On May 27, executive vice president, sustainability and chief legal officer Jim Reid exercised his options, receiving 20,000 shares at a cost per share of $47.57, and sold 20,000 shares at a price per share of $67.4109. Net proceeds totaled over $396,000, not including any associated transaction fees. There are currently 30,117 shares in this particular account.
On May 27, executive vice president, chief financial officer Jocelyn Perry exercised her options, receiving 17,060 shares at a cost per share of $41.27, and sold 17,060 shares at a price per share of $67.1551. Net proceeds totaled over $441,000, excluding any associated transaction charges. There are currently 27,077 shares in this particular account.
WSP Global Inc. (WSP-T)
On May 27, chief operating officer Mark Naysmith exercised his options, receiving 10,424 shares at an average cost per share of approximately $64.90, and sold 10,424 shares at an average price per share of roughly $281.30, after which this particular account did not hold any shares. Net proceeds exceeded $2.2 million, excluding any associated transaction charges.
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