Brookfield Asset Mgmt Inc (BAM) has notable insider buying

Brookfield Asset Mgmt Inc (T:BAM)

Marcel R. Coutu, a Director, acquired 8,025 Common Shares Class A Limited Voting on a direct ownership basis at prices ranging from $55.687 and $55.690 through the public market on March 24th, 2020. The insider also acquired 1,975 Common Shares Class A Limited Voting on an indirect ownership basis for registered holder Anne Maxwell at prices ranging from $55.358 and $55.710 through the public market on March 24th, 2020. This represents a $556,309 investment into the company's shares and an account share holdings change of 19.8%.

Brookfield Asset Management Inc. is an alternative asset manager. Its operations are organized into its seven operating segments. Asset management operations include managing its listed partnerships (LP), private funds and public securities on behalf of its investors. Real estate operations include the ownership, operation and development of core office, core retail, LP investments and other properties. Renewable power operations include the ownership, operation and development of hydroelectric, wind, solar, storage and other power generating facilities. Infrastructure operations include the ownership, operation and development of utilities, transport, energy, data infrastructure and sustainable resource assets. Private equity operations include a broad range of industries and are mostly focused on business services, infrastructure services and industrials. Residential development operations consist of homebuilding, condominium development and land development.