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Hammond Power Solutions Inc T.HPS.A

Alternate Symbol(s):  HMDPF

Hammond Power Solutions Inc. is a Canada-based company, which enables electrification through its broad range of dry-type transformers, power quality products and related magnetics. The Company's standard and custom-designed products are essential in electrical distribution networks through an extensive range of end user applications. The Company has manufacturing plants in Canada, the United States, Mexico and India and sells its products around the globe. Its products include power transformers, furnace transformers, converter transformers, regulating transformers, multi-pulse transformers, distribution transformers, pad mounted transformers and unitized substations. Its converter transformers are used in industries such as cement and steel plants, and other related applications. It serves various industries, including renewable energy, commercial infrastructure and industrial markets. It offers a variety of transformer and reactor solutions for the solar and wind energy market.


TSX:HPS.A - Post by User

Post by bigbird11on May 22, 2023 4:47pm
242 Views
Post# 35459351

MY OBSERVATIONS.... last week

MY OBSERVATIONS.... last weekMr. Hammond sold off 30,000 stock options @ $43.00 on May 15  .I noticed a block trade Canaccord-------Canaccord   26,000 cross  Good sign that a fund company would put up 1.3 million for stock
One director retiring dumping his RSU units  (29,976  shares ) He also received 10,000 options @6.20
Three other directors received 10,000 options each @ 6.20 as well. So there could have been more
selling pressure on the stock . Probably will be range bound until earnings come out early August  or some company makes an offer . Just my opinion 



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