Thursday’s Insider Report: Million-dollar purchases in these two dividend stocks

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A look at recent notable transactions

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. An insider’s total holdings should be considered because a sale may, in context, be insignificant if this person has a large remaining position in the company.

Listed below are two stocks that have had recent buying activity in the public market reported by insiders.On May 12, president and chief executive officer Jon McKenzie bought 50,000 shares at a price per share of $21.5472, lifting this particular account’s holdings to 584,788 shares. The cost of this purchase exceeded $1 million.Westshore Terminals Investment Corp.

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