It may not be a big deal, but Transalta Renewables Co., Ltd. (TSE:RNW) Susan Ward, an independent director of the company, recently purchased shares worth CA$66,000 at CA$14.24 per share. The purchase is not a big one, but it can be seen as a good sign in terms of percentage or absolute value.
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TransAlta Renewables insider trading in the past year
In fact, Susan Ward’s recent purchase was, according to our records, the largest purchase of shares in TransAlta Renewables made by an insider in the last 12 months. So it’s clear that insiders wanted to buy, even at a price higher than the current stock price ($13.94 CAD). Their views may have changed after the purchase, but this at least suggests they were confident in the future of the company. is very important. It’s encouraging to see insiders paying more than the current stock price. Susan Ward was the only private insider she purchased during the last year.
The chart below shows insider trading (by company and individual) over the past year. Click on the graphs below to see the exact details of each insider trading!
TransAlta Renewables isn’t the only stock insiders are buying.Let’s take a look at this freedom List of companies growing with insider buying.
Insider Ownership of TransAlta Renewables
For public shareholders, it is worth checking the number of shares held by internal parties. High insider ownership often leads company management to pay more attention to the interests of shareholders. According to our information, insiders in TransAlta Renewables own shares worth approximately C$558,000. There is always the possibility that something is missing, but our data suggests that insider ownership is minimal.
What does this data tell us about TransAlta Renewables Insiders?
Recent insider purchases are reassuring. Long-term insider trading also gives us confidence. The slight downside we see in this analysis is that (overall) insider ownership is fairly low. Their deal suggests they are very positive about his TransAlta Renewables stake. In addition to knowing about ongoing insider trading, it is useful to identify the risks facing TransAlta Renewables.For example, TransAlta Renewables three warning signs (and one you can’t ignore) you should know about.
of course, You can find great investments by looking elsewhere. Let’s take a look at this freedom A list of interesting companies.
For the purposes of this article, an insider is an individual who reports a transaction to the relevant regulatory body. Currently, we consider open market transactions and private disposals, but not derivative transactions.
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