PYROGENESIS POWER..... President of PyroGenesis Canada Photis Pascali Buys 2.0% More Shares
Simply Wall St
Published July 31, 2024
PyroGenesis Canada Inc. (TSE:PYR) shareholders (or potential shareholders) will be happy to see that the President, Photis Pascali, recently bought a whopping CA$1.2m worth of stock, at a price of CA$0.80. While that only increased their holding size by 2.0%, it is still a big swing by our standards.
Check out our latest analysis for PyroGenesis Canada
The Last 12 Months Of Insider Transactions At PyroGenesis Canada
Notably, that recent purchase by Photis Pascali is the biggest insider purchase of PyroGenesis Canada shares that we've seen in the last year. That means that an insider was happy to buy shares at around the current price of CA$0.86. That means they have been optimistic about the company in the past, though they may have changed their mind. While we always like to see insider buying, it's less meaningful if the purchases were made at much lower prices, as the opportunity they saw may have passed. The good news for PyroGenesis Canada share holders is that insiders were buying at near the current price.
Happily, we note that in the last year insiders paid CA$1.3m for 1.58m shares. On the other hand they divested 35.00k shares, for CA$22k. Overall, PyroGenesis Canada insiders were net buyers during the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!