Public market insider buying at Open Text (OTEX)

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

Stephen Sadler, a Director, acquired 100,000 Common Shares OTEX Common on a direct ownership basis at prices ranging from $38.700 to $39.692 between September 13th, 2022 and September 15th, 2022. This represents a $3,951,980 investment into the company's shares and an account share holdings change of 29.7%.

Michael Slaunwhite, a Director, acquired 30,000 Common Shares OTEX Common on an indirect ownership basis for registered holder Francoise Slaunwhite Investment Account at prices ranging from US$29.170 to US$29.699 between September 14th, 2022 and September 15th, 2022. The insider also acquired 55,000 Common Shares OTEX Common on an indirect ownership basis for registered holder RRSP at prices ranging from US$29.150 to US$29.738 between September 14th, 2022 and September 15th, 2022. This represents a $3,317,086 investment into the company's shares and an account share holdings change of 21.5%.

Katharine Berghuis Stevenson, a Director, acquired 4,000 Common Shares OTEX Common on a direct ownership basis at a price of $39.169 on September 15th, 2022. This represents a $156,676 investment into the company's shares and an account share holdings change of 18.8%.

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

Open Text Corporation is a Canada-based information management company that provides software and services. The Company offers an integrated portfolio of Information Management solutions delivered at scale in the OpenText Cloud, enabling organizations to optimize their digital supply chains. Its Content Services solutions range from content collaboration and intelligent capture to records management and archiving, and are available off-cloud, on a cloud provider, as a subscription in the OpenText Cloud, in a hybrid environment or as a managed service. Its Content Services solution enables customers to capture documents and data from paper, electronic files, and other sources and transform it into digital content delivered directly into enterprise content management solutions and business processes. The Company's Information Management platform and services provide scalable solutions for global companies, small and medium-sized businesses (SMB), Governments and consumers.