Public market insider buying at Stella-Jones (SJ)

Public market insider buying at Stella-Jones (T:SJ)

Kevin Patrick Comerford, a Subsidiary Executive, acquired 2,000 Common Shares on a direct ownership basis at prices ranging from $53.180USD to $53.390USD on March 5th, 2024. This represents a $144,829 investment into the company's shares and an account share holdings change of greater than 100%.

Stella-Jones is in the Forest & Wood Products Sub Industry Group under the Basic Materials Sector.

Stella-Jones Inc. is a Canada-based producer of pressure-treated wood products. The Company supplies various electrical utilities and telecommunication companies with wood utility poles and North America's short line and commercial railroad operators with railway ties and timbers. The Company also provides industrial products, which include wood for railway bridges and crossings, marine and foundation pilings, construction timbers and coal tar-based products. Additionally, the Company manufactures and distributes premium treated residential lumber and accessories to Canadian and American retailers for outdoor applications, with a significant portion of the business devoted to servicing Canadian customers through its national manufacturing and distribution network. The Company operates 45 wood treating plants and a coal tar distillery. These facilities are located across Canada and the United States and are complemented by a procurement and distribution network. Stella-Jones Inc. (SJ) has below median officer and director direct ownership compared to its mid-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, one insider has invested a total amount of $144,829.