Two stocks with recent insider buying activity are Nexus Industrial REIT (NXR-UN-T) and Whitecap Resources Inc. (WCP-T). Edwin McLaughlin, a management executive, purchased 23,372 units of Nexus at an average price of $7.96, while Whitecap's CEO Grant Fagerheim invested over $141,000 in 15,000 shares. Whitecap pays a monthly dividend of 6.08 cents per share, yielding 7.35% annually.
Two stocks, Nexus Industrial REIT (NXR.UN) and Whitecap Resources Inc. (WCP), have recently seen insider buying activity, signaling potential confidence in their long-term prospects. Edwin E. McLaughlin, a director of Nexus Industrial REIT, purchased 3,372 shares at an average price of C$7.91 per share, totaling C$26,678.25 [1]. Meanwhile, Whitecap Resources Inc.'s CEO, Grant Fagerheim, invested over C$141,000 in 15,000 shares at an average price of C$9.43 per share [3].
Nexus Industrial REIT, a growth-oriented real estate investment trust, has seen a recent increase in its stock price after a series of positive analyst ratings and a dividend announcement. The company's stock price has been trading around C$7.61, with a 50-day moving average of C$7.47 and a 200-day moving average of C$7.24 [1]. Nexus Industrial REIT also recently announced a monthly dividend of C$0.0533, representing a $0.64 annualized dividend and a dividend yield of 8.40% [1].
Whitecap Resources Inc. is a mining company that has been active in insider buying and selling activities over the past year. The company's CEO, Grant Fagerheim, has been a significant buyer, investing a total of C$1.70 million in the past 12 months [3]. Whitecap Resources Inc. pays a monthly dividend of C$0.0608 per share, yielding an annual dividend of 7.35% [3].
The insider buying activity in both stocks suggests that management is confident in the companies' long-term prospects. Investors should consider these factors when evaluating their investment decisions. However, it is essential to conduct thorough research and consider other factors such as the company's financial health, market conditions, and risk tolerance.
References:
[1] https://www.marketbeat.com/instant-alerts/edwin-e-mclaughlin-buys-3372-shares-of-nexus-industrial-reit-tsenxrun-stock-2025-07-16/
[2] https://www.ainvest.com/news/handelsbanken-insider-buying-signal-confidence-lesson-long-term-2507/
[3] https://www.marketbeat.com/stocks/TSE/WCP/insider-trades/
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