Canfor (CFP) has notable insider buying

Canfor (T:CFP)

Canfor Corporation (CFP) has a high amount of executive buying compared to its mid-cap peers over the past three months. William W. Stinson, a Director and Subsidiary Executive, acquired 3,000 Common Shares on a direct ownership basis at a price of $21.338 through the public market on August 3rd, 2017. This represents a $64,014 investment into the company's shares and an account share holdings change of 27.3%.

Canfor Corporation is an integrated forest products company. The Company produces softwood lumber, pulp and paper products, remanufactured lumber products, engineered wood products, wood pellets and energy. Its segments include lumber, and pulp and paper. Its lumber segment includes logging operations, and manufacturing and sale of various grades, widths and lengths of lumber, engineered wood products, wood chips and wood pellets. Its lumber operations also include a finger-joint plant, two glulam plants, a whole-log chipping plant and a trucking division. The Pulp and Paper segment consists of three northern softwood market Kraft pulp mills and the Taylor pulp mill, all of which are owned and operated by Canfor Pulp Products Inc. (CPPI) in British Columbia. Its pulp and paper segment includes purchase of residual fiber, and production and sale of pulp and paper products, including Northern Bleached Softwood Kraft and Bleached Chemi-Thermo Mechanical Pulp, as well as energy revenues.