Insider Trading Data Update: November 27th, 2024

Insider acquisitions and dispositions in the public market can provide valuable insights for investors looking to understand the behavior of company executives and insiders. Let’s take a look at some recent transactions involving five stocks with the largest dollar value of insider acquisitions and dispositions.

Starting with insider acquisitions, SNDL Inc. (formerly Sundial Growers Inc.) saw notable activity with Director James Carlo Cannell acquiring a total of 200,000 shares at an average cost of $2.82, totaling $564,247.20. This investment reflects confidence from an insider in the company’s future potential.

Stantec Inc. also saw a significant insider acquisition, with Director Vito Culmone purchasing 4,000 shares at an average cost of $121.49, amounting to a total of $485,960.00. This shows a strong belief in the company’s performance from an insider perspective.

MDA Space Ltd had Director Yung Cheng Wu acquire 3,800 shares at an average cost of $28.49, totaling $108,262.00. This transaction indicates insider confidence in the company’s trajectory.

Moving on to Anaergia Inc., Senior Officer Greg Wolf purchased 135,400 shares at an average cost of $0.65, totaling $88,010.00. This significant acquisition highlights insider optimism about the company’s future prospects.

Vecima Networks Inc. had multiple insiders partake in acquisitions, with a total of 4,000 shares purchased at an average cost of $17.22, amounting to $68,860.00. This collective investment underscores a shared positive outlook from company insiders.

Shifting to insider dispositions, Manulife Financial Corporation’s senior officers engaged in transactions resulting in a total disposition of -257,592 shares at an average cost of $44.92, totaling -$11,570,368.62, while also issuing 256,592 options at an average cost of $19.86, resulting in $5,096,562.56. These transactions indicate diverse movements within the company’s insider ranks.

CGI Inc. saw a total disposition of -31,301 shares at an average cost of $156.74, totaling -$4,906,106.78, alongside the issuance of 27,152 options at an average cost of $73.11, totaling $1,984,955.95. These transactions reflect a complex interplay of insider actions within the company.

Ivanhoe Mines Ltd had Senior Officer Chao (Peter) Zhou engage in a disposition of -100,000 shares at an average cost of $18.97, totaling -$1,897,223.00, and issued 100,000 options at an average cost of $2.51, totaling $251,410.00. These transactions illustrate strategic decision-making by an insider.

Lastly, Cameco Corporation experienced a disposition of -6,729 shares at an average cost of $81.60, totaling -$549,111.81, alongside the issuance of 6,729 options at an average cost of $14.16, totaling $95,270.53. These moves showcase a balance of insider sales and options issuance within the company.

In conclusion, analyzing insider acquisitions and dispositions can offer investors valuable insights into the sentiments and perceptions of those within a company. These transactions can provide a glimpse into the future outlook and performance expectations of the company from an insider perspective.