Element Fleet Management (EFN) has notable insider buying

Element Fleet Management (T:EFN)

Jay A. Forbes, CEO and Director, acquired 50,000 Common Shares on a direct ownership basis at a price of $9.870 through the public market on March 12th, 2020. This represents a $493,500 investment into the company's shares and an account share holdings change of 16.7%.

Element Fleet Management Corp is a Canada-based fleet management company. The Company offers services and financings for commercial vehicle and equipment fleets. It operates through two segments: Fleet Management segment and Non-Core segment. It provides vehicle fleet leasing and fleet management solutions and related service programs to international companies in a wide variety of industries. It offers a broad range of services across various asset types, including cars and light duty vehicles, material handling equipment and medium and heavy trucks. Its services include acquisition; financing; tile, licensing and registration; telematics; risk and safety; accident management; tolls, violations and compliance; fuel services; managed maintenance; personal usage and expense tracking; rental services and remarketing.