Directors buying at Home Capital Group (HCG)

Directors buying at Home Capital Group (T:HCG)

Home Capital Group Inc. (HCG) has a high amount of executive buying compared to its mid-cap peers over the past three months. According to recent regulatory filings, two insiders have invested a total amount of $444,753.Paul Derksen, a Director, acquired 30,000 Common Shares on a direct ownership basis at a price of $13.800 through the public market on August 16th, 2018. This represents a $414,000 investment into the company's shares and an account share holdings change of 100.0%.

Alan Roy Hibben, a Director, acquired 2,200 Common Shares on a direct ownership basis at a price of $13.979 through the public market on August 16th, 2018. This represents a $30,753 investment into the company's shares and an account share holdings change of 31.4%.

Home Capital Group Inc is a Canada-based holding company that operates through its subsidiary, Home Trust Company (Home Trust), which offers deposits, residential and non-residential commercial mortgage lending and consumer lending. It offers deposits through brokers and financial planners, and through its direct-to-consumer deposit brand, Oaken Financial. Home Trust, through its subsidiary, Home Bank, offers mortgage, deposit and personal banking products. Its mortgage lending includes Traditional Single-family and ACE Plus Lending; insured residential lending; residential commercial lending, and non-residential commercial lending. Its consumer lending includes credit card and line of credit lending, and other consumer retail lending. In addition it manages a treasury portfolio to support liquidity requirements and invest excess capital. Its operations also include Payment Services Interactive Gateway Inc., the Company's subsidiary involved in payment processing.