ECN Capital (ECN) has notable insider buying

ECN Capital (T:ECN)

Glisson, a Senior Officer, acquired 350,000 Common Shares on a direct ownership basis at a price of $3.630 through the public market on March 2nd, 2018. This represents a $1,270,535 investment into the company's shares and an account share holdings change of greater than 100%.

ECN Capital Corp is a Canada-based independent equipment finance company operating across North America. The Company operates under the following business verticals: Home Improvement Vendor Finance, Manufactured Housing Finance, Rail Finance and Aviation Finance. Its Home Improvement Vendor Finance business vertical, Service Finance Company (SFC), provides financing for home improvement projects across the United States. Its Manufactured Housing Finance business vertical, Triad Financial Services, provides financing to manufactured home buyers across the United States. Its Rail Finance business vertical develops customized financing solutions for clients requiring access to different types of railcars and configurations used in industries ranging from agriculture and food processing to petroleum and manufacturing. Its Aviation Finance business vertical manages portfolios of finance assets secured by leased equipment in this transportation industry.