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 > Why insiders are selling?

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Comment by microcaphobbyon Mar 15, 2023 12:20pm

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Post# 35340102

RE:Why insiders are selling?

In every case they exercized rights to purchase shares cheap and then sold those shares. It did not decrease their position.
People sell for any number of reasons: In this case they may have needed cash to pay their taxes.

I would be shocked if Smith tries to walk away from this deal. He will never be able to buy a copnay again. He is in for the long haul.

One can make over 8% by May 31, 2023, if the deal closes by then.

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