Public market insider buying at Savaria (SIS)

Public market insider buying at Savaria (T:SIS)

Jean-Philippe De Montigny, a Senior Officer, acquired 15,475 Common Shares on a direct ownership basis at a price of $16.150 on January 26th, 2024. This represents a $249,921 investment into the company's shares and an account share holdings change of 73.8%.

Savaria is in the Heavy Electrical Equipment Sub Industry Group under the Industrials Sector.

Savaria Corporation is a Canada-based company in the accessibility industry, which provides solutions for the elderly and physically challenged. The Company operates through two segments: Accessibility, and Patient Care. The Accessibility segment designs, manufactures, distributes, and installs a range of portfolio products, including straight and curved stairlifts, wheelchair platform lifts for both commercial and residential applications, commercial accessibility elevators and home elevators. The Patient Care segment designs, manufactures, distributes, and installs ceiling lifts, patient transfer slings and accessories, floor lifts and standing aids, bathing equipment, medical beds, therapeutic support surfaces and pressure management products. The Company's Patient Care product line is sold through institutional and home care sales channels in North America and Europe. The Company's manufacturing facilities are located in Canada, the United States, and the United Kingdom. Savaria Corporation (SIS) has a high amount of executive buying compared to its mid-cap peers in the market over the past three months. According to recent regulatory filings, one insider has invested a total amount of $249,921.