CanWel Building Materials (CWX) has notable insider buying

CanWel Building Materials (T:CWX)

Updated Tuesday Feb 04, 2020 02:30 AM EDT
CanWel Building Materials Group Ltd. (CWX) has a high amount of executive buying compared to its small-cap peers over the past three months. Ian Baskerville, a Director, acquired 23,700 Common Shares on an indirect ownership basis for registered holder RESP at a price of $5.300 through the public market on January 31st, 2020. The insider also acquired 22,900 Common Shares on an indirect ownership basis for registered holder RRSP at a price of $5.300 through the public market on January 31st, 2020. The insider also acquired 1,915 Common Shares on an indirect ownership basis for registered holder TFSA at a price of $5.300 through the public market on January 31st, 2020. This represents a $257,130 investment into the company's shares and an account share holdings change of greater than 100%.

CanWel Building Materials Group Ltd is a Canada-based wholesale distributor of building materials and home renovation products, and provider of wood pressure treating services in Canada and the Western United States. The Company services the new home construction, home renovation and industrial markets by supplying the retail and wholesale lumber and building materials industry, hardware stores, industrial and furniture manufacturers similar concerns. It also operates approximately seven wood preservation plants that produce wood products. Through its distribution warehouses, it provides a range of building products to dealer/lumberyard and home improvement centers. It carries a line of structural, exterior, interior and specialty products. Its CanWel Building Solutions offer design services. Builders and homeowners use the Company's products primarily in new construction, repair and remodeling.

DBM Insider Holdings Chart

Issuer details as of Feb 04, 2020 2:30 ET

Latest Price
5.31
1 Day Change
0.57%
52 Week High
5.71
52 Week Low
4.24
QMV ($Mils)
412,933,897
Issuer website: https://domanbm.com/


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