NOVAMERICAN STEEL INC. (TONS) is a publicly traded company in the Unknown sector. Across all available filings, 13 corporate insiders have executed 147 transactions totaling $5.8M, demonstrating a bullish sentiment with $5.6M in net insider flow. The most recent transaction on Jan 2, 2009 involved a sale of 75,000 shares valued at $50.3K.
No significant insider buying has been recorded for TONS in the recent period.
No significant insider selling has been recorded for TONS in the recent period.
Based on recent SEC filings, insider sentiment for TONS is bullish with an Insider Alignment Score of 98/100 and a net flow of $5.6M. Insiders are accumulating shares, which historically signals confidence in the company's future performance.
Insider trading at NOVAMERICAN STEEL INC. (TONS) 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, 13 insiders are actively trading TONS stock, having executed 147 transactions in the past 90 days. The most active insider is Matthew Sirovich (Executive), who has made 34 transactions totaling $2.5M.
Get notified when executives and directors at TONS file new Form 4 transactions
Date | Insider | Title | Type | Shares | Price | Value | Flags |
|---|---|---|---|---|---|---|---|
| Jan 2, 2009 | Mindich Jeremy | Executive | Sale | 75,000 | $0.67 | $50.3K | |
| Nov 28, 2008 | Derek Powell Martin | Executive | Purchase | 10,808 | $1.09 | $11.8K | |
| Nov 28, 2008 | G. Narwold Karen | Executive | Purchase | 10,808 | $1.09 | $11.8K | |
| Nov 28, 2008 | Lepore Domenico | Executive | Purchase | 8,706 | $1.09 | $9.5K | |
| Nov 28, 2008 | Cohen Oded | Executive | Purchase | 10,813 | $1.09 | $11.8K | |
| Nov 26, 2008 | Derek Powell Martin | Executive | Purchase | 7,150 | $0.97 | $6.9K | |
| Nov 26, 2008 | G. Narwold Karen | Executive | Purchase | 7,150 | $0.97 | $6.9K | |
| Nov 26, 2008 | Lepore Domenico | Executive | Purchase | 7,150 | $0.97 | $6.9K | |
| Nov 26, 2008 | Cohen Oded | Executive | Purchase | 7,150 | $0.97 | $6.9K | |
| Nov 25, 2008 | Lepore Domenico | Executive | Purchase | 7,814 | $0.70 | $5.5K | |
| Nov 25, 2008 | G. Narwold Karen | Executive | Purchase | 7,413 | $0.70 | $5.2K | |
| Nov 25, 2008 | Cohen Oded | Executive | Purchase | 7,411 | $0.70 | $5.2K | |
| Nov 25, 2008 | Derek Powell Martin | Executive | Purchase | 7,412 | $0.70 | $5.2K | |
| Nov 24, 2008 | Playford Revocable Trust Gilbert E. | Executive | Purchase | 10,903 | $0.58 | $6.3K | |
| Nov 24, 2008 | Lepore Domenico | Executive | Purchase | 1,681 | $0.60 | $1.0K |
| TYPE | COUNT | VALUE | % |
|---|---|---|---|
Purchase(P) | 126 | $5.7M | 97.0% |
Sale(S) | 2 | $144.6K | 2.5% |
Discretionary(I) | 3 | $31.7K | 0.5% |
Award(A) | 14 | $0 | 0.0% |
Other(J) | 2 | $0 | 0.0% |
Insiders at NOVAMERICAN STEEL INC. are accumulating shares at an accelerated pace. With 13 insiders making 147 transactions totaling $5.7M in purchases versus $144.6K in sales, the net buying activity of $5.6M signals strong executive confidence. Matthew Sirovich (Executive) leads the buying activity with $2.5M in transactions across all time.