Brookfield Asset Mgmt Inc (BAM) has notable insider net $ buying

Brookfield Asset Mgmt Inc (T:BAM)

Jack Lynn Cockwell, a Director and 10% Holder executive, disposed 40,000 Common Shares Class A Limited Voting on a direct ownership basis at a price of $76.780 through a private transaction on December 13th, 2019. This represents a $3,071,200 divestment of the company's shares and an account share holdings change of -0.3%.

Lori Anne Pearson, a Senior Officer, acquired 46,794 Common Shares Class A Limited Voting on a direct ownership basis at a price of $57.910USD through an exercise of options on December 17th, 2019. This represents a $3,566,150 investment into the company's shares and an account share holdings change of 30.0%.

Brookfield Asset Management Inc. is an alternative asset manager. The Company operates in eight segments. The Asset Management segment manages its listed partnerships, private funds and public markets on behalf of its clients. The Property segment includes the ownership, operation and development of office, retail and other properties. The Renewable power segment operates and develops hydroelectric, wind power and other generating facilities. The Infrastructure segment includes the ownership, operation and development of utilities and agricultural operations, among others. The Residential development segment includes homebuilding, condominium development and land development. The Service activities segment includes construction management and contracting services and property services. The Private equity segment includes the investments and operations overseen by its private equity group. The Corporate activities segment includes the allocation of capital to its operating platforms.