Westport Fuel Systems (WPRT) has notable insider selling

Westport Fuel Systems (T:WPRT)

Westport Fuel Systems Inc. (WPRT) has below median officer and director direct ownership compared to its small-cap peers in the market, based on our estimate using SEDI data. Brenda Eprile, a Director, disposed 102,973 Common Shares on a direct ownership basis at a price of $3.150 through the public market on December 24th, 2021. This represents a $324,365 divestment of the company's shares and an account share holdings change of -36.1%.

Westport Fuel Systems Inc. is a Canada-based company that engineers, manufactures and supplies alternative fuel systems and components for use in transportation markets. The Company's segments include OEM, Independent Aftermarket (IAM), and the CWI Joint Venture. Its OEM segment designs, manufactures, and sells alternative fuel systems, components, and electronics, including the Westport HPDI 2.0 product and related engineering services, to original equipment manufacturers (OEMs) and to supplier OEMs. Its IAM segment designs, manufactures, and sells alternative fuel systems and components that consumers can purchase and have installed onto their vehicles to use liquefied petroleum gas (LPG) or compressed natural gas (CNG) fuels in addition to gasoline. The CWI Joint Venture is engaged in the business of developing, marketing, and selling spark-ignited natural gas or propane engines for on-highway use.