Insider activity
PrairieSky Royalty Ltd
Open-market and private equity trades over the last 12 months. Derivatives and opening balances excluded.
Recent transactions
| Date | Side | Name | Shares | Price |
|---|---|---|---|---|
| Jul 21, 26 | Buy | Phillips, Andrew Individual · CA$173,984 | 5,000 | CA$34.80 |
| Jul 21, 26 | Sell | Phillips, Andrew Individual · CA$87,041 | 2,512 | CA$34.65 |
| Apr 22, 26 | Buy | Phillips, Andrew Individual · CA$115,078 | 3,600 | CA$31.97 |
| Apr 22, 26 | Buy | Phillips, Andrew Individual · CA$318,951 | 10,000 | CA$31.90 |
| Apr 22, 26 | Sell | Phillips, Andrew Individual · CA$160,019 | 5,000 | CA$32.00 |
| Feb 26, 26 | Buy | Phillips, Andrew Individual · CA$151,775 | 5,000 | CA$30.36 |
Recent insider activity at PrairieSky Royalty Ltd reveals a notable balance of buying and selling, suggesting varying perspectives on the company's future.
In the past two weeks, PrairieSky Royalty Ltd (PSK.TO) has seen some significant insider trading activity. With a total of CA$261,025 in transactions, recent trades by Andrew Phillips, an insider, provide insight into the current sentiment surrounding the company's stock. Let's delve into the details of these trades and what they might indicate.
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PrairieSky Royalty Ltd
PSK.TO
PSK.TO
PrairieSky Royalty Ltd
WealthAwesomeMarket cap
$8.10B
P/E
33.5x
Div. yield
3.07%
Div. / share
$1.05
52W high
$35.59
52W low
$22.50
1W change
-1.44%
Beta
0.86
Analyst Price Targets
Based on analyst covering PSK
Wall Street analysts forecast PSK stock price to rise 5.1% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$36.63
+5.1% Upside
Current Price
C$34.84
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on PSK's historical volatility
30-Day Vol
20.8%
Annualized
90-Day Vol
23.2%
Annualized
Trend (90d)
+4.6%
Annualized drift
90d Mean
C$35.42
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$35.03 | C$32.60 – C$37.64 |
| 60 trading days | C$35.22 | C$31.82 – C$38.99 |
| 90 trading days | C$35.42 | C$31.27 – C$40.11 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Investor takeaway: While insider buying can signal confidence in a company's prospects, it's essential to consider the context of both buying and selling activity. Andrew Phillips' recent trades reflect a mix of optimism and caution, which investors should weigh carefully.
Total Insider Transactions: CA$261,025
In the last 14 days, PrairieSky Royalty Ltd insiders engaged in trades totaling CA$261,025, with a notable emphasis on both buying and selling activity.
Bull case
Andrew Phillips purchased 5,000 shares at CA$34.80, indicating his belief in the long-term potential of PrairieSky Royalty Ltd. This significant investment suggests that insiders see value in the current share price and may align with a positive outlook for the company.
Bear case
On the flip side, Phillips also sold 2,512 shares at CA$34.65, which raises questions about the timing and motivation behind this decision. This sale could mean that insiders are cashing in on profits or adjusting their positions, reflecting a more cautious stance on the company's near-term performance.
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Recent Trades Overview
In the last 14 days, PrairieSky Royalty Ltd has seen two notable transactions by insider Andrew Phillips. The largest transaction was a buy of 5,000 shares at CA$34.80, amounting to approximately CA$173,984. This acquisition indicates a strong belief in the company's potential from Phillips' perspective. On the same day, Phillips also sold 2,512 shares at CA$34.65, totaling around CA$87,041. This dual activity presents a complex picture of insider sentiment, combining both optimistic investment and profit-taking.
Interpreting Insider Activity
Insider trading can often provide valuable signals about a company's future direction. In this case, Phillips' significant purchase could be interpreted as a sign of confidence in PrairieSky Royalty Ltd's growth prospects. However, the simultaneous sale raises questions about the motivations behind these decisions. It’s crucial for retail investors to consider that while insider buying can indicate a positive outlook, selling activity may suggest caution or a strategic reallocation of assets. Therefore, the mixed signals from Phillips should prompt investors to conduct further research and analysis.
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