RE:Insider buying! This must be the second recent purchase by Bill Holland of around the same number of shares. He bought a similar number of shares a few months ago. Yes follow the "smart money". Always a good move. The stock is very cheap.
Below is a link to an article written which identifies CI Financial as a very cheaply priced stock
We also had the big 5 banks recently all upping their price targets on CI to the $22 to $25 range. Agreed in those assessments. I don't think those price targets factored in all the USA acquisitions CI has made over the last year. That could be gravy! Regardless you could be looking at CI reaching its all time high of just over $30 once all these aquisitions start flowing to the bottom line earnings.
Been holding CI stock for about 20 years and have always made effective use of the Dividend Re Investment Plan (DRIP) to buy more shares. It makes a huge difference. Free shares and lowers your cash cost per share. That is how the rich do it. The best is still to come.
https://ca.finance.yahoo.com/news/3-cheap-tsx-stocks-buy-223020807.html
Ron