AutoCanada (ACQ) has notable insider buying

AutoCanada (T:ACQ)

Michael Rawluk, a Senior Officer, acquired 7,590 Common Shares on a direct ownership basis at a price of $12.350 through the public market on November 13th, 2018. The insider also acquired 773 Common Shares on an indirect ownership basis for registered holder Ben Rawluk at a price of $12.290 through the public market on November 13th, 2018. This represents a $103,237 investment into the company's shares and an account share holdings change of 33.4%.

AutoCanada Inc. (AutoCanada) is a Canada-based multi-location automobile dealership company. The Company offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services, extended service contracts, vehicle protection products and other after-market products. The Company also arranges financing and insurance for vehicle purchases by its customers through third-party finance and insurance sources. The Company's business, held through its subsidiaries, is the operation of franchised automobile dealerships in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nova Scotia and New Brunswick. The Company operates approximately 50 dealerships, including over 60 franchises. It also offers a range of parts, service and collision repair services, extended warranties, and replacement and aftermarket automotive products.