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Wednesday’s Insider Report: Director invests $20-million in this industrial stock after it dips to a 52-week low

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. I tend to put great weight on insider transaction activity when I see multiple insiders trading a company’s shares or units.
Listed below is a stock that has had recent buying in the public market reported by an insider.
ATS Corp. (ATS-T)
On Sept. 17 and 18, director Michael Martino invested over $20-million in shares of ATS. He bought a total of 565,000 shares at an average price per share of approximately $36.65 for an account in which he has indirect ownership (Mason Capital Management LLC), increasing the holdings in this specific account to 14,914,765 shares.
On Sept. 4, the share price closed at $33.87, a 52-week low.
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Listed below are three stocks have had recent selling activity in the public market reported by insiders.
Adentra Inc. (ADEN-T)
Between Sept.11-20, vice president, imports Dan Figgins divested a total of 20,000 shares at an average price per share of roughly US$28.64 with 23,524 shares remaining in this particular account. Proceeds from the sales exceeded US$572,000, excluding trading fees.
goeasy Ltd. (GSY-T)
On Sept. 18, executive vice president and chief marketing officer Andrea Fiederer divested a total of 4,390 shares at an average price per share of roughly $180 for three different accounts, after which these three accounts did not hold any shares. Proceeds from the sales exceeded $790,000, not including trading fees.
Intact Financial Corp. (IFC-T)
On Sept. 20, executive vice president, chief financial officer, UK & International Ken Anderson sold 2,000 shares at a price per share of $253.8795, trimming the holdings in this particular account to 15,307 shares. Proceeds from sale exceeded $507,000, excluding commission charges.
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