CGI (GIB)has notable insider net $ selling

CGI (T:GIB)

Ralf Bauer, a Senior Officer, acquired 4,070 Subordinate Voting Shares Classe A on a direct ownership basis at a price of $38.790 through an exercise of options on November 29th, 2023. The insider also disposed 2,672 Subordinate Voting Shares Classe A on a direct ownership basis at prices ranging from $136.750 and $136.890 through the public market on November 29th, 2023. This represents a $207,764 net divestment of the company's shares and an account share holdings change of 26.0%.

Paule Doré, a Director, acquired 625 Subordinate Voting Shares Classe A on a direct ownership basis at a price of $37.820 through an exercise of options on November 29th, 2023. The insider also disposed 625 Subordinate Voting Shares Classe A on a direct ownership basis at prices ranging from $136.200 and $136.280 through the public market on November 29th, 2023. This represents a $61,506 net divestment of the company's shares and an account share holdings change of 0%.

CGI Inc. is a Canada-based information technology (IT) and business consulting services firm. The Company delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. Its segments include Western and Southern Europe (primarily France, Spain and Portugal); United States (U.S.) Commercial and State Government; Canada; U.S. Federal; Scandinavia and Central Europe (Germany, Sweden and Norway); United Kingdom (U.K.) and Australia; Finland, Poland and Baltics; Northwest and Central-East Europe (primarily Netherlands, Denmark and Czech Republic); and Asia Pacific Global Delivery Centers of Excellence (mainly India and Philippines) (Asia Pacific). The Company also specializes in digital transformation, data analytics and managed services in Miami. The Company works with clients through a local relationship model complemented by a global delivery network.