CI Financial (CIX) has notable insider buying

CI Financial (T:CIX)

CI Financial Corp. (CIX) has a high amount of executive buying compared to its mid-cap peers over the past three months. William T. Holland, a Director, acquired 18,000 Common Shares on an indirect ownership basis for registered holder WH Corp. at a price of $14.859 through the public market on October 4th, 2023. This represents a $267,462 investment into the company's shares and an account share holdings change of 0.7%.

CI Financial Corp. is a diversified global asset and wealth management company operating primarily in Canada, the United States and Australia. The Company is engaged in the management and distribution of a range of financial products and services, including wealth management, insurance, and others. The Company operates through three segments: Asset Management, Canadian Wealth Management, and U.S. Wealth Management. The Asset Management segment includes CI Global Asset Management, which operates in Canada, and GSFM Pty Ltd., which operates in Australia. The Canadian Wealth Management segment includes the operations of CI Assante Wealth Management, Aligned Capital Partners, CI Private Wealth, Northwood Family Office, CI Direct Investing and CI Investment Services. The U.S. Wealth Management segment includes Corient Private Wealth LLC, an integrated wealth management company providing comprehensive solutions to ultra-high-net-worth and high-net-worth clients across the United States.