Tuesday’s Insider Report: CEO adds to his sizeable position in this energy stock

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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.

Listed below are two securities that have had recent buying activity in the public market reported by insiders.Between April 3 to May 2, Sime Armoyan, with an ownership position exceeding 10 per cent, acquired a total of 101,700 units at an average cost per unit of roughly $5.32 for an account in which she has indirect ownership , increasing this particular account’s position to 7,799,300 units. The cost of these purchases exceeded $541,000.

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