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The Wise Investor | A big BRP shareholder reduces his exhibition

Furthermore,

Wise investor | big brp:

Every Sunday. Furthermore, we rob the spotlight on elements of financial and stock market news that can be useful to the investor, but which could have passed under the radar.

Posted at 7:00 a.m.

One of the largest shareholders in BRP has just made. However, its participation in subordinate voting rights to the manufacturer of recreational vehicles in Valcourt.

Turtle Creek Asset Management tells the authorities that the disclosure obligation was launched on May 31.

The Toronto active manager specifies having sold 310,475 actions BRP In the spring, the equivalent of fifteen million dollars in shares.

wise investor | big brp

Turtle Creek started June with 9.6 % of BRP’s subordinate voting rights. In addition, is no longer required to disclose its transactions on the title unless its participation goes again from 10 % or more.

CAE won the support of the CIBC on Thursday. Therefore, Analyst Kevin Chiang now recommends the purchase of the action of the Montreal specialist in the training of pilots after trying to determine the potential for CAE’s profits in the next three years with a new direction led by Matthew Bromberg. Moreover, Calin Rovinescu. Therefore, The growing optimism of the analyst about CAE’s ability to generate “exceptional” action by action leads him to believe. In addition, in an interesting potential for the title. For example, They are now 8 out of 13 analysts to offer the purchase. Meanwhile, The title has increased by 10 % wise investor | big brp for a month.

Joey Saputo has just bought $ 8.6 million in stocks from Known. The son of the founder of the Montreal dairy transformer bought on June 18 a total of 324. 431 shares at a unit price of $ 26.51. The actions were acquired through several numbers with numbers. He also bought it for several tens of millions of dollars in February.

Two members of the management team of Dynamite group have just bought for an approximate total of $ 75. 000 in actions from the Montreal women’s clothing retailer. The finance manager Jean-Philippe Lachance bought a block of $ 23.43 on June 20.43. The CAIde of Technological Department Dave Stevens bought a batch of 640 shares at a unit price of $ 24.01 on Monday.

The chairman of the board of directors wise investor | big brp of National Canadian Bought this week for $ 90. 000 in shares from the Montreal rail carrier this week. Shauneen Bruder bought a batch of 627 shares at a unit price of $ 139.47 on Wednesday. She has been a member of the CN board of directors for eight years.

Bombardier et CAE Could benefit from Canada’s commitment to further increase its defense expenses. according to Cameron Doerksen, of National Bank Financial. He underlines in a note published Wednesday that most of the new large-scale supply programs linked to new expenses (new submarines. army investments, surveillance planes, etc.) will require a training program for which CAE is ideally positioned.

The analyst adds that Canada should move forward with the acquisition of new early control. detection planes (AEW&C) and that SAAB Globaleye or L3harris solutions (both based on the Bombardier Global wise investor | big brp 6000/6500 platform) should be retained. In addition, he specifies, Bombardier could extend his services to the Canadian army in after-sales support.

Two senior leaders ofAlithya have just sold for a total of $ 4 million in shares from the Montreal IT service provider. The data solutions manager, Amar Bukkasagaram, sold Wednesday 1,244,841 shares.

The manager of business applications. transformation, Mike Feldman, sold on June 20 a block of 478,375 shares at a unit price of $ 2.40. Alithya’s action has increased by 75 % since its hollow two months ago.

Three administrators at D-Box have just bought actions from the Longueuil company known for its vibrant seats for entertainment. a member of the council sells it. Lori Tersigni. who has just joined the board of directors, bought 400,000 shares on June 20, Naveen Prasad bought wise investor | big brp 200,000 on the same day, and Josh Chandler, 50,000.

Naveen Prasad became an interim manager on June 10 following the departure of Sébastien Mailhot. In addition to being a member of the Council, Josh Chandler is chief of financial management. Daniel Marks, who joined the Council last year, sold 400,000 shares on June 20.

Celebrations linked to two national festivals will shorten investor week. The Toronto Stock Exchange will be closed on Tuesday to mark Canada’s party. The New York Stock Exchange and the Nasdaq will close at 1 p.m. Thursday and will remain closed on Friday on the occasion of independence day in the United States.

Quebec titles of Bombardier. Dynamite group, IA Financial Group, Power Corporation, Alithya, Quebecor et Stingray This week have reached a summit of the last 52 weeks on the wise investor | big brp Toronto Stock Exchange this week.

On the other hand. that of Molson Coors This week has touched its lowest level for a year in New York this week.

Wise investor | big brp

Further reading: Back to grace of Elon Musk and Tesla?Warm signs that your roof is obsolete: make these checks twice a yearMigros: Deletion of a third of clean brands by 2030“It could feed humanity for 170,000 years”: this forgotten source of energy resurfaces at the right time“We pay retirement, electricity, charges and them … Nothing at all” – Liberation.

addison.bailey
addison.bailey
Addison is an arts and culture writer who explores the intersections of creativity, history, and modern societal trends through a thoughtful lens.
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