Quarterhill Inc T.QTRH

QTRH price and volume

[monte8]

QTRH price and volume has picked up today over the very recent $1.75 lows.  Is this to do with the upcoming financials or news or meeting announced?

[cabbieJBJ]

All the above Monte, imo.

[monte8]

Great, thanks Cabbie!

[matt2018]

What volume?  Would be nice to see more insiders buying after the earnings release. If the Ownership tab above is current/correct, insider ownership seems quite low. Some long time holders on this board likely hold more shares. 

[cabbieJBJ]

Insiders are in blackout now. Open on Friday. Then closed until Q1 is released. Check SEDI for insider #s. The chairman bout heavily in December and holds about 1.5M. Read the QTRH website for the insider trading policy Matt 

[matt2018]

I realize they are in blackout cabbie, thats why I suggested the buying of shares to occur after earnings release. As for percentage of total shares owned by insiders, would you say it is a average for company this size thats been around as long as they have? We are not talking about a start-up here.

[cabbieJBJ]

It is basically a new group Matt. Tell us if you were impressed or not with Rusty Lewis's purchased last year? Insider purchases are an important metric. There is one day this cycle, March 15th, when insiders can buy until mid May I posted weeks ago it will be interesting to see if any insiders pull the trigger. That said, there are more important metrics than insider purchases right now

[matt2018]

Yes, Rusty Lewis purchase was impressive. I would like to see more from the others.  A few have been there for awhile now. Agree, upcoming earnings release the big focus right now.  

[cabbieJBJ]

Matt, in addition to Rusty Lewis's ~1.5M holdings, Chuck Myers got 500,000 RSUs as part of his comp package, payable in 6 installments every 6 months of 83,333 shares. He has received two awards so far - September 5th and March 5th. After withholding tax he ends up with ~70,000 shares. He has not yet purchased in the open market Roxanne Anderson holds 110,400. Bill Morris holds 71,900. 

[matt2018]

thanks cabbie, appreciate the insider update. You would hope that eventually the directors & officers go beyond the required holdings minimum. I realize I have mentioned GSI here previously (my Qtrh holding is larger), Pres/CEO Doug Dyment owns over 9M shares (over 10%) of the stock. It sends a strong message. Thats only point I am making on this. It doesnt guanrantee anything but it sure is

[cabbieJBJ]

Isn't Dyment a/the founder? Makes a difference. 

[cabbieJBJ]

I don't have an issue with Insider holdings except Holbert and maybe Tosto. I doubt she's long term for the BoD in any event. I see QTRH adding one or two ITS/video tolling heavyweights in May. 

[cabbieJBJ]

In the light of day Matt, I took a look at Gatekeeper's SEDI filings.  There has not been a single insider purchase in the open market in the past three years.  Lots of options.  Fraser has sold 100K since the start of 2024.   Dyment holds 6,485,208 shares; of this amount 2,916,667 was acquired priveately at $0.179.  He received 878,000 shares for services

[matt2018]

Not sure how current that info is. I found this.  Sure there is more recent posting then this as well. Dyment (Douglass A)   10.10%   9,330,792    2023/04/06 Sutherland (Colin P)      1.92%    1,768,660    2023/04/06

[cabbieJBJ]

I don't care. It has nothing to do with QTRH. Check SEDI and please take this discussion to the GSI board. I'm sorry I even engaged with you on this. 

[matt2018]

all good cabbie. It was just a discussion, coments on insider holdings. Your the one who took a deep dive into it. Hoping for a good report tomorrow. Good luck everybody.

[cabbieJBJ]

all good Matt