Sime Armoyan, 10% holder of Morguard Corporation (TSX:MRC), picked up 5,200 Common Shares at an average of $114.75 — a $597K buy on Aug 26, 2026.
The purchase adds less than 1% to their position. They still hold 1,405,823 shares — a stake worth roughly $160.9M at today's price.
MRC shares are trading around $114.46, up 0.1% in the latest session and down 3% over the past three months. The stock has ranged from $111.55 to $125.85 over the past 52 weeks and is hovering just 3% above the low end — insiders buying near the bottom tend to know something.
