MAGNA ENTERTAINMENT CORP (MECA) is a publicly traded company in the Unknown sector. Across all available filings, 14 corporate insiders have executed 97 transactions totaling $22.8M, demonstrating a bearish sentiment with -$14.5M in net insider flow. The most recent transaction on Dec 26, 2008 involved a transaction of 50 shares valued at $34.
No significant insider buying has been recorded for MECA in the recent period.
No significant insider selling has been recorded for MECA in the recent period.
Based on recent SEC filings, insider sentiment for MECA is bearish with an Insider Alignment Score of 18/100 and a net flow of -$14.5M. Insiders are reducing their positions, though this can be driven by factors unrelated to company outlook.
Insider trading at MAGNA ENTERTAINMENT CORP (MECA) refers to stock transactions made by corporate insiders—executives, directors, and beneficial owners holding more than 10% of the company's shares. These individuals have access to material non-public information and are required by law to report their trades to the SEC within two business days. Currently, 14 insiders are actively trading MECA stock, having executed 97 transactions in the past 90 days. The most active insider is Frank Stronach (Executive), who has made 2 transactions totaling $20.9M.
Get notified when executives and directors at MECA file new Form 4 transactions
Date | Insider | Title | Type | Shares | Price | Value | Flags |
|---|---|---|---|---|---|---|---|
| Dec 26, 2008 | R. Campbell Anthony | Executive | Disposition | 50 | $0.67 | $34 | |
| Dec 26, 2008 | R. Campbell Anthony | Executive | Disposition | 29,950 | $0.68 | $20.4K | |
| Dec 24, 2008 | R. Campbell Anthony | Executive | Disposition | 8,700 | $0.68 | $5.9K | |
| Dec 23, 2008 | R. Campbell Anthony | Executive | Disposition | 16,958 | $0.70 | $11.9K | |
| Dec 23, 2008 | R. Campbell Anthony | Executive | Disposition | 16,958 | $0.70 | $11.9K | |
| Dec 22, 2008 | R. Campbell Anthony | Executive | Disposition | 36,500 | $0.71 | $25.9K | |
| Dec 22, 2008 | R. Campbell Anthony | Executive | Disposition | 36,500 | $0.71 | $25.9K | |
| Dec 19, 2008 | R. Campbell Anthony | Executive | Disposition | 23,400 | $0.77 | $18.0K | |
| Dec 19, 2008 | R. Campbell Anthony | Executive | Disposition | 23,400 | $0.77 | $18.0K | |
| Dec 18, 2008 | R. Campbell Anthony | Executive | Disposition | 34,600 | $0.92 | $31.8K | |
| Dec 18, 2008 | R. Campbell Anthony | Executive | Disposition | 2,400 | $1.00 | $2.4K | |
| Dec 18, 2008 | R. Campbell Anthony | Executive | Disposition | 2,400 | $1.00 | $2.4K | |
| Dec 18, 2008 | R. Campbell Anthony | Executive | Disposition | 34,600 | $0.92 | $31.8K | |
| Dec 17, 2008 | R. Campbell Anthony | Executive | Disposition | 400 | $1.17 | $468 | |
| Dec 17, 2008 | R. Campbell Anthony | Executive | Disposition | 400 | $1.17 | $468 |
| TYPE | COUNT | VALUE | % |
|---|---|---|---|
Award(A) | 16 | $20.4M | 46.9% |
Sale(S) | 46 | $18.6M | 42.9% |
Purchase(P) | 18 | $4.2M | 9.6% |
Disposition(D) | 17 | $248.3K | 0.6% |
Insider selling pressure at MAGNA ENTERTAINMENT CORP has increased, with 14 insiders executing 97 transactions across all time. Total sales of $18.6M significantly outpace purchases of $4.2M, resulting in a net outflow of $14.5M. This selling activity appears largely discretionary, which may warrant closer attention from investors.