Sime Armoyan, 10% holder of Morguard Corporation (TSX:MRC), picked up 1,700 Common Shares at an average of $114.14 — a $194K buy on Sep 8, 2026.
The purchase adds less than 1% to their position. They still hold 1,457,923 shares — a stake worth roughly $167.7M at today's price.
MRC shares are trading around $115.01, up 0.8% in the latest session and down 5% 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.
