Home Capital Group (HCG) has notable insider buying

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. Claude Lamoureux, a Director, acquired 5,000 Common Shares on a direct ownership basis at a price of $14.656 through the public market on September 4th, 2018. This represents a $73,280 investment into the company's shares and an account share holdings change of 50.0%.

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.