Insider Trading Data: December 3, 2024 – Burlington Gazette
Insider trading can often seem like a mysterious world only accessible to a select few, but in reality, it’s a practice that can have a significant impact on the stock market. For those unfamiliar with the concept, insider trading occurs when individuals buy or sell shares of a public company based on non-public, material information about that company. In simpler terms, it’s like having a special advantage that others don’t have.
Recently, there have been some interesting insider trading activities in the market. Let’s take a look at the top five stocks with the largest dollar value of insider acquisitions. Leading the pack is Linamar Corporation, where insiders acquired a substantial number of shares totaling over $2.9 million. This was followed by DeFi Technologies Inc, South Bow Corporation, Asante Gold Corporation, and Lavras Gold Corp, each with their own significant insider acquisitions.
On the flip side, there are also stocks with the largest dollar value of insider dispositions. Celestica Inc saw a substantial amount of insider selling, totaling over $10.6 million. Eldorado Gold Corporation, Mandalay Resources Corporation, Biorem Inc, and Africa Oil Corp also experienced insider selling activities.
It’s essential for investors to be aware of these insider trading activities, as they can provide valuable insights into the sentiments and actions of those within the company. While this information isn’t professional investment advice, it’s always a good idea to keep an eye on insider trading to better understand the dynamics of the market. Remember, knowledge is power, and staying informed is key to making sound investment decisions.
