CGI (GIB)has notable insider net $ selling

CGI (T:GIB)

Benoit Dube, a Senior Officer, acquired 8,000 Subordinate Voting Shares Classe A on a direct ownership basis at a price of $48.160 through an exercise of options on February 29th, 2024. The insider also disposed 8,000 Subordinate Voting Shares Classe A on a direct ownership basis at prices ranging from $156.179 and $156.511 through the public market on February 29th, 2024. This represents a $865,654 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.