The following five companies are the top five Canadian insider
buys of last week in terms of transaction amounts. These
companies come from various sectors of the market, but reported
insider buys totaling over $100,000.
Director John Thomas
3,600 shares to his stake at an average price of $68.36 per
share. This buy cost the director a total of $246,105. Since his
buy, the price per share has increased approximately 4.53%.
Thomas currently holds 6,200 shares of company stock.
Chief Merchandising Officer Neil Rossy made 29 different buys on
June 17, adding a total of 75,000 shares to his holdings. The
shares traded in the price range of $68.10 to $69.50. As of his
most recent buy, the price per share is up 2.82%. Rossy holds on
to at least 628,344 shares of company stock.
came after the company announced that it had received approval
from the TSX respecting the renewal of its normal course issuer
bid to purchase for cancellation up to 3,364,523 of its common
shares, or 5% of the public float of 67,290,467 common shares.
Dollarama owns and operates dollar stores in Canada that sell all
of their merchandise for under $3 per item.
on Dollarama reports:
- The price is nearing a 5-year high of $74.42.
- The P/B ratio is close to a 5-year high of 5.62.
- The revenue has been in decline for the past 3 years.
- The P/S ratio is close to a 5-year high of 2.9.
Dollarama's historical price, EPS and revenue:
Dollarama has a market cap of $5.17 billion; its shares were
traded at around $71.46 with a P/E ratio of 23.81 and a P/S ratio
There are currently no gurus that hold a stake in Dollarama.
Kingsway Financial Services (
During the past week Director Joseph Stilwell made six buys,
adding a total of 337,168 shares. These shares traded at an
average price of $3.52 per share. Since his most recent buy, the
price per share has gone up 2.94%.
Earlier this month, President and CEO Larry Swets Jr. made 16
buys, adding a total of 19,000 shares of company stock. These
shares traded around $3.37 per share.
[size=13px; line-height: 1.22]Most recently, on June 11, Kingsway
reported that it received notice on June 7 from the New York
Stock Exchange that it is not in compliance with certain NYSE
standards for continued listing of its common shares. Even more
specifically, Kingsway is below the NYSE's continued listing
criteria because its average total market cap over a recent 30
consecutive trading-day period was less than $50 million. Under
the NYSE's continued listing criteria, a NYSE listed company must
maintain an average market cap of no less than $50 million over a
30 consecutive trading-day period. [/size]
Kingsway Financial is a holding company functioning as a merchant
bank with a focus on long-term value creation. The company owns
or controls stakes in several insurance industry assets and
utilizes its subsidiaries, 1347 Advisors and 1347 Capital, to
pursue opportunities acting as an adviser, an investor and a
Kingsway Financial's historical price, revenue and EPS:
Kingsway Financial Services has a market cap of $46.0214 million;
its shares were traded at around $3.50 with a P/S ratio of 0.31.
There are currently no gurus that hold a stake in Kingsway.
CanWel Building Materials Group (TSX:CWX)
Director Amardeip Doman made three insider buys this past week,
adding 468,000 shares to his stake. He purchased these shares in
the price range of $2.41 to $2.50. Since his last buy, the price
has increased approximately 3.6%. Doman currently holds over 16
Director Marc Seguin bought 6,000 shares at an average price of
$2.40 per share. This buy cost the director $14,400. Since his
buy, the price per share has increased 7.92%. Seguin currently
holds on to at least 12,100 shares.
[size=13px; line-height: 1.22]On June 14, CanWell declared a
quarterly cash dividend of $0.07 per share payable on July 12 to
shareholders of the record on June 28, 2013.[/size]
CanWell is Canada's largest distributor of building materials and
home renovation products serving the new home construction, home
renovation and industrial market. Its two operating segments are
the CanWel Building Materials Division and Surewood Forest
The analysis on CanWell reports:
� The revenue has been in decline for the past 5
� The company has low interest coverage.
� The gross and operating margins have been in
long-term decline with average rates of decline per year at -3.8%
and -16.2% respectively.
CanWel's historical price, revenue and EPS:
CanWel Building Materials Group has a market cap of $148.543
million; its shares were traded at around $2.59 with a P/E ratio
of 16.39 and a P/S ratio of 0.21. The dividend yield of CanWel
stocks is 10.81%.
There are currently no gurus that hold stake in CanWel Building
Baytex Energy (
Director John Brussa made 12 buys in the last week adding a total
of 77,300 shares. He purchased these shares in the price range of
$37.48 to $37.97. Since his buy the price is up 1.53%. Brussa
currently owns approximately 290,000 shares of Baytex Energy.
VP of Marketing Geoffrey Darcy added 2,500 for approximately
$38.25 per share. This transaction cost Darcy $95,625. He
currently holds 9,188 shares of Baytex. Since his buy, the price
per share has increased approximately 0.78%.
[size=13px; line-height: 1.22]These insider buys came as the
price per share of Baytex dropped to a 52-week low. [/size]
Baytex Energy is engaged in the acquisition, development and
production of crude oil and natural gas in the Western Canadian
Sedimentary Basin and in the Williston Basin in the U.S.
Approximately 87% of Baytex's production is weighted toward crude
oil. Baytex pays a monthly dividend on its common shares.
On June 17 Baytex confirmed its monthly dividend for June at
$0.22 per share.
The analysis on Baytex reports:
� The gross margin has been in a long term decline
with an average rate of decline per year of -2.7%.
� The company has issued CAD180.657 million of debt in
the past 3 years.
� The dividend yield is at a 3-year high.
� The company's revenue has been in decline for the
� The P/B ratio is at a 3-year low.
Baytex Energy's price, EPS and revenue:
Baytex Energy has a market cap of $4.73 billion; its shares were
traded at around $38.55 with a P/E ratio of 20.96 and a P/S ratio
of 4.12. The dividend yield for the company is at 6.85%.
There are currently no gurus that hold stake in Baytex Energy.
BCE Inc. (
Two insiders from BCE made significant buys this week.
Executive VP John Watson bought 1,900 shares at an average price
of $45.45 per share. This transaction cost him a total of
$86,355. Since his buy, the price per share is down -2.93%.
Watson currently holds 4,900 shares of BCE.
Director Robert Simmonds bought 11,000 shares on June 14, at an
average price of $44.23 per share. This buy cost the director a
total of $486,530. Since his buy, the price per share has dropped
-0.25%. Simmonds currently holds 104,000 shares of BCE stock.
[size=13px; line-height: 1.22]BCE is Canada's largest
communications company. The company provides broadband
communication services to residential and business customers in
The analysis on the company reports:
- The revenue has been in decline over the past year.
- The price is close to a 10-year high of $47.92.
- The company has issued CAD2.1 billion of debt over the past
- The P/E ratio is close to a 2-year low of 12.36.
BCE's historical price, revenue and EPS:
The Peter Lynch Valuation Chart shows that BCE currently appears
BCE has a market cap of $34.48 billion; its shares were traded at
around $44.12 with a P/E ratio of 12.85 and a P/S ratio of 1.71.
The dividend yield of BCE stocks is 5.21%. BCE had an annual
average earnings growth of 2.4% over the past 10 years.
There are currently five gurus that hold a stake in BCE. Click
here to see their holding histories.
You can view all Canadian insider buys here. If you do not
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