Public market insider buying at ECN Capital (ECN)

Public market insider buying at ECN Capital (T:ECN)

Steven Kenneth Hudson, CEO and Director, acquired 936,800 Common Shares on a direct ownership basis at prices ranging from $5.370 to $5.437 between January 6th, 2022 and January 10th, 2022. This represents a $5,063,460 investment into the company's shares and an account share holdings change of greater than 100%.

Mary Beth Koenig, a Senior Officer, acquired 180,000 Common Shares on a direct ownership basis at a price of $5.528 on January 7th, 2022. This represents a $995,004 investment into the company's shares and an account share holdings change of 32.5%.

Michael McCormack, a Senior Officer, acquired 65,000 Common Shares on a direct ownership basis at prices ranging from $5.380 to $5.396 between January 7th, 2022 and January 10th, 2022. This represents a $350,500 investment into the company's shares and an account share holdings change of 43.5%.

ECN Capital is in the Corporate Financial Services Sub Industry Group under the Financials Sector.

ECN Capital Corp. is a provider of business services to North American based banks, credit unions, life insurance companies, pension funds and investment funds (collectively its Partners). The Company originates, manages and advises on credit assets on behalf of its Partners, mainly unsecured loan portfolios, secured loan portfolios and credit card portfolios. The Company's segments include Triad Financial Services, which includes manufactured home loans; and The Kessler Group, which includes consumer credit card portfolios. The Company's Triad Financial Services segment originates consumer loans for the purchase of manufactured homes throughout the United States and subsequently syndicates and sells these loans to a network of third-party financial institutions. The Kessler Group segment provides capital to fund marketing initiatives on behalf of its Partners.