Insider Report: Company presidents trade two copper stocks

Insider Report: Company presidents trade two copper stocks JENNIFER DOWTY PUBLISHED 26 MINUTES AGO COMMENTS SHARE SAVE FOR LATER Listen to this article Learn more about audio Log in or create a free account to listen to this article. 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 two stocks that have had recent buying activity in the public market reported by insiders. Altus Group Ltd. (AIF-T -2.46% decrease ) Between Sept. 8-10, director Will Brennan invested over $1.2 million in shares of Altus. He bought a total of 28,144 shares at an average price per share of approximately $45.79 for an account in which he has control or direction over (Long Path Partners), increasing the holdings in this specific account to 3,629,451 shares. Koryx Copper S.A. (KRY-X -1.45% decrease ) On Sept. 9 and 10, president, chief executive officer and director Heye Daun invested over $369,000 in shares of Koryx Copper. He acquired a total of 100,000 shares at an average price per share of approximately $3.70, increasing the holdings in this particular account to 3,063,299 shares. ** Listed below are two stocks that have had recent selling activity in the public market reported by insiders. CGI Inc. (GIB-A-T -1.02% decrease ) On Sept. 14, executive vice president and chief administrative officer Stephanie Mango exercised her options, receiving 15,167 shares at a cost per share of $63.23, and sold 15,167 shares at an average price per share of roughly $100.02. Net proceeds totaled more than $558,000. After these transactions, this particular account held 10,346 shares. Marimaca Copper Corp. (MARI-T -2.03% decrease ) On…