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 are three dividend stocks that have had recent buying activity in the public market reported by insiders.On Sept. 23, chief executive officer Steve Hudson invested over $477,000 in shares of ECN Capital. He bought 100,000 shares at a price per share of $4.779, increasing this particular account’s position to 11,549,219 shares.According to Bloomberg, the average one-year target price is $7.97, implying a potential price return of 65 per cent.
In Aug., the company announced that Mr. Bartolini will be stepping down from his position “to take some personal time to spend with family and to explore life interests outside of the finance realm. While the company engages in a comprehensive search process for his successor, Mr. Bartolini will remain in his role until the end of the year or until his successor is named and successfully transitioned.
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