Insider Buying builds at Western Forest Products (股市)
WHO IS BUYING AND SELLING from Globe and Mail
Insider buying builds at Western Forest Products
Special to The Globe and Mail
Published Friday, Nov. 20, 2015 7:26PM EST
Last updated Friday, Nov. 20, 2015 7:26PM EST
Despite some optimism surrounding the U.S. housing market, Canadian forest products stocks have not been benefiting over the past year, in part due to concerns about global lumber demand. Now we are seeing insider buying in the forestry group, in particular at Western Forest Products Inc.
On Nov. 9, the vice-president of lumber sales and marketing acquired 180,000 common shares through options exercise (not shown on chart) and has not subsequently sold those shares. Earlier in September, vice-president and chief forester Shannon Janzen acquired 12,000 common shares at $1.71.
WEF-TWestern Forest Products Inc
Updated November 20 4:00 PM EST. Delayed by at least 15 minutes.