Stock Markets News

Insider Report: CEO invests $2.6-million in this oversold industrial stock in correction territory

By Jennifer Dowty2 min readThe Globe and Mail
Insider Report: CEO invests $2.6-million in this oversold industrial stock in correction territoryInsider Report: CEO invests $2.6-million in this oversold industrial stock in correction territory

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. I tend to put great weight on insider transaction activity when I see multiple insiders trading a company’s shares or units.

Listed below are three securities that have had recent buying activity in the public market reported by insiders.

A&W Food Services of Canada Inc. (AW-T)

On Oct. 29, director Andrew Mindell bought 13,100 shares at a cost per share of $35.9671 for an account in which he has indirect ownership (Gresli Holdings Ltd.), after which this specific account held 19,160 shares. The cost of this investment exceeded $471,000.

Tamarack Valley Energy Ltd. (TVE-T)

Between Oct. 30 and Nov. 2, chief financial officer Kevin Johnston purchased a total of 11,000 shares at an average price per share of approximately $13.93, increasing the holdings in this particular account to 123,629 shares. The cost of these purchases exceeded $153,000.

TFI International Inc. (TFII-T)

On Nov. 2, president, chief executive officer and chairman of the board Alain Bedard acquired a total of 20,215 shares at an average price per share of approximately $131.98 across three accounts. The cost of these purchases totaled more than $2.6 million.

The share price is down over 40 per cent from its 2026 peak in June. The stock is in oversold territory with an RSI (relative strength index) reading below 30.


Listed below is a stock that has had recent selling activity in the public market reported by the COO.

Bausch Health Companies Inc. (BHC-T)

On Oct. 29, executive vice president, chief operating officer Mirza Dautbegovic sold 20,000 shares at a price per share of US$8, leaving 224,745 shares in this particular account. Proceeds from the sale totaled more than US$160,000, excluding commission charges.