Public market insider buying at MDA (T:MDA)

Louis Vachon, a Director, acquired 25,000 Common Shares on a direct ownership basis at prices ranging from $7.609 to $7.800 on September 20th, 2022. This represents a $193,345 investment into the company's shares and an account share holdings change of 12.8%.

MDA is in the Aerospace & Defense Sub Industry Group under the Industrials Sector.

MDA Ltd. is a Canada-based company that provides advanced technology and services to the global space industry. The Company offers a full range of space robotics capabilities for multiple missions and applications. The Company operates across three business areas, including Geointelligence, Robotics & Space Operations, and Satellite Systems with operations in Canada, the United States and the United Kingdom. In Geointelligence business, it uses satellite-generated imagery and analytic services to deliver value-added insights for a range of use cases, including in the areas of national security, climate change monitoring, and global commerce. In Robotics & Space Operations, it enables humanity's exploration of space by providing autonomous robotics and vision sensors that operate in space and on the surfaces of the Moon and Mars. In Satellite Systems business, it provides satellite systems and spacecraft to enable space-based services. MDA Ltd. (MDA) has a high amount of executive buying compared to its mid-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has invested a total amount of $193,345.