Why insider trading matters?
When insiders buy shares on the open market, this can thus be regarded as a strong endorsement by those that know the company the best -- they are literally betting their own money on the company's future. Insider selling, however, is not necessarily meaningful in any way, as there is a range of reasons for insiders to liquidate (some) of the shares they own.
Ovintiv Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. The company's principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc. in January 2020.
| Trade Date | Insider | Title | Buy/Sell | #Shares | Price | Value | Option |
|---|---|---|---|---|---|---|---|
| 2022-06-01 | Mayson Howard John | Director | Sell | 550 | $58.28 | $32,052 | No |
| 2022-05-27 | Mayson Howard John | Director | Sell | 1,450 | $54.26 | $78,679 | No |
| 2022-03-18 | Mayson Howard John | Director | Sell | 2,200 | $48.09 | $105,801 | No |
| 2020-09-25 | Mayson Howard John | Director | Sell | 8,100 | $8.48 | $68,696 | No |
| 2020-03-19 | Mayson Howard John | Director | Buy | 8,000 | $2.71 | $21,672 | No |
| 2020-03-09 | Mayson Howard John | Director | Buy | 4,000 | $3.59 | $14,368 | No |
Insider Smart
Insider Smart