Insider Report: Million-dollar trades in three dividend stocks
Recent insider trading activity has been reported for several companies, highlighting significant sales by executives. Notably, Blake Reid of Paramount Resources Ltd. sold over 48,000 shares, while Claude Généreux of Power Corporation of Canada executed a large sale netting over $6.5 million. Other companies like Russel Metals Inc. and TransAlta Corp. also saw insider sales, indicating varying levels of executive trading activity.
- ▪Blake Reid of Paramount Resources Ltd. sold 48,279 shares for over $1.5 million.
- ▪Claude Généreux of Power Corporation of Canada sold 140,000 shares, netting more than $6.5 million.
- ▪John Reid of Russel Metals Inc. sold 28,935 shares for nearly $1.7 million.
Opening excerpt (first ~120 words) tap to expand
ShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountFeatured 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.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Globe and Mail.