Sime Armoyan, 10% holder of Morguard Corporation (TSX:MRC), picked up 5,700 Common Shares at an average of $114.21 — a $651K buy on Sep 29, 2026, disclosed Oct 1, 2026.
The purchase adds less than 1% to their position. They still hold 1,470,723 shares — a stake worth roughly $166.9M at the time of writing.
MRC shares were trading around $113.50, down 0.1% in the latest session and down 6% over the past three months. The stock has ranged from $111.55 to $125.85 over the past 52 weeks and is hovering just 2% above the low end — insiders buying near the bottom tend to know something.