Tuesday’s Insider Report: Business mogul Eric Sprott acquires shares in this stock that’s up 61% in 2024

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Companies that have experienced recent insider trading activity in the public market

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 or perhaps shares may be sold to address tax implications when options and rights are exercised.

Listed below is a security that has had recent buying activity in the public market reported by an insider.Between June 21 and July 3, Eric Sprott, with an ownership position exceeding 10 per cent, bought a total of 311,700 shares at an average price per share of approximately $2.44 for an account in which he has indirect ownership , increasing the holdings in this specific account to 30,383,104 shares. The cost of these purchases exceeded $761,000.

Over the past few years, the share price has been in a downtrend, falling from over $10 in February 2021 to under $2 by the end of 2023. This year, the stock is making a comeback, rising 61 per cent year-to-date.The following three stocks have had recent selling activity in the public market reported by insiders.Between June 24-28, founder and executive chairman Ajay Virmani sold a total of 8,472 shares at an average price per share of roughly $139.

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