CI Financial (CIX) has notable insider buying

CI Financial (T:CIX)

Updated Monday Jan 18, 2021 04:32 AM EDT
William T. Holland, a Director, acquired 150,000 Common Shares on a direct ownership basis at a price of $16.250 through the public market on January 14th, 2021. This represents a $2,437,500 investment into the company's shares and an account share holdings change of 48.9%.

CI Financial Corp (CI) is a Canada-based asset and wealth management company. The Company operates through two business segments: Asset Management and Wealth Management. The Company primarily operates its Asset Management businesses through CI Investments Inc and GSFM Pty Ltd. The Company operates its Wealth Management Segment through Assante Wealth Management (Canada) Ltd., CI Private Counsel LP, CI Direct Investing (WealthBar Financial Services Inc.), BBS Securities Inc., The Cabana Group, LLC, Congress Wealth Management, One Capital Management, LLC and Surevest LLC. The Asset Management segment derives its revenue principally from the fees earned on the management of investment funds and other fee-earning investment products. The Wealth Management segment derives its revenue principally from fees and commissions from ongoing service, financial planning and advice (which may include investment management services), and on the sale of investment funds and other financial products.

Headlines: Jan 18, 2021

CIX Insider Holdings Chart

Issuer details as of Jan 18, 2021 4:32 ET

Latest Price
16.51
1 Day Change
0.24%
52 Week High
25.81
52 Week Low
10.53
QMV ($Mils)
3,495,611,020


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