Home Capital Group Inc HMCBF

Primary Symbol: T.HCG

Home Capital Group Inc. is a Canada-based holding company that operates through its principal subsidiary, Home Trust Company (Home Trust). Home Trust is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of residential mortgage products, consumer lending and credit card services. In addition, Home Trust and its wholly owned subsidiary, Home Bank offer deposits through brokers and financial planners, and through a direct-to-consumer brand, Oaken Financial. Its mortgage lending includes classic single-family residential lending, insured residential lending, residential commercial lending, and non-residential commercial lending. Its consumer lending loan portfolio comprises credit cards, lines of credit and other consumer retail loans. In addition, the Company manages a treasury portfolio to support liquidity requirements and invest excess capital.

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Home Capital Group Inc

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Post by smcapinvestoron Sep 23, 2016 3:27pm

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Post# 25271758

Insider selling in perspective

After those most recent sales by Marsh, he still has 812,987 shares with a market value of 22.97 million CDN dollars as of Sept 21st. This information is from SEDI.

Prior to the sales his stake was worth $27.91 million.

Marsh also gifted $650k worth of shares in Dec 2015.

Please do research before making a big deal about a director with an absolutely huge position in the company selling a portion of a position.

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