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.
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.
The company pays its shareholders a quarterly dividend of 69 cents per common share, equating to a current annualized yield of 5.4 per cent.On Aug. 17, director Ray Chan acquired 43,000 shares at a price per share of $23.002, after which this specific account held 83,000 shares. The cost of this investment totaled nearly $1 million, not including trading fees.