ECN Capital (ECN) has notable insider buying

ECN Capital (T:ECN)

Updated Tuesday Jun 27, 2017 01:32 AM EDT
ECN Capital Corp. (ECN) has a high amount of executive buying compared to its mid-cap peers over the past three months. Bruce Ells, a Senior Officer, acquired 55,488 Common Shares on a direct ownership basis at prices ranging from $2.720 and $2.890 through an exercise of options on June 22nd, 2017. This represents a $157,194 investment into the company's shares and an account share holdings change of 70.8%.

ECN Capital Corp is a Canada-based independent commercial finance company. The Company operates across North America in the following verticals of the commercial finance market: Rail Finance, Commercial and Vendor (C&V) Finance, and Commercial Aviation Finance. Through its C&V vertical, the Company provides financing and leasing solutions to manufacturers, dealers, distributors and end-users of capital equipment across a range of industries such as food service, transportation, construction, manufacturing, healthcare, office equipment and technology products. Through its Rail and Commercial Aviation verticals, ECN Capital Corp is focused on originating, arranging, funding, structuring and managing portfolios of finance assets secured by leased equipment in these transportation industries.

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Issuer details as of Jun 27, 2017 1:32 ET

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