Public market insider buying at Open Text (OTEX)

Public market insider buying at Open Text (T:OTEX)

Michael Slaunwhite, a Director, acquired 175,752 Common Shares OTEX Common on an indirect ownership basis for registered holder Fast River Holdings Ltd. at prices ranging from US$42.925 to US$43.810 between November 20th and 25th, 2020. This represents a $9,931,814 investment into the company's shares and an account share holdings change of greater than 100%.

Open Text is in the Software Sub Industry Group under the Technology Sector.

Open Text Corp is a Canada-based company engaged in software development sector. The Company provides a platform and suite of software products and services that assist organizations in finding, utilizing, and sharing business information from any device. The Company designs, develops, markets and sells Enterprise Information Management (EIM) software and solutions. Its EIM offerings include Enterprise Content Management (ECM), Business Process Management (BPM), Customer Experience Management (CEM), Business Network, Discovery and Analytics. Its software and services allow organizations to manage the information that flows into, out of, and throughout the enterprise as part of daily operations. Its solutions incorporate collaborative and mobile technologies and are delivered for on-premises deployment, as well as through cloud, hybrid and managed hosted services models.