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Off-market insider buying at ECN Capital (T:ECN)

Updated Wednesday Feb 09, 2022 03:03 AM EDT

Michael Tolbert, a Senior Officer, acquired 480,756 Common Shares on a direct ownership basis at a price of $5.275 through a private transaction on January 28th, 2022. This represents a $2,535,796 investment into the company's shares and an account share holdings change of greater than 100%.

Matthew Heidelberg, a Senior Officer, acquired 240,378 Common Shares on a direct ownership basis at a price of $5.275 through a private transaction on February 4th, 2022. This represents a $1,267,898 investment into the company's shares and an account share holdings change of greater than 100%.

ECN Capital is in the Corporate Financial Services Sub Industry Group under the Financials Sector.

ECN Capital Corp. is a provider of business services to North American based banks, credit unions, life insurance companies, pension funds and investment funds (collectively its Partners). The Company originates, manages and advises on credit assets on behalf of its Partners, mainly unsecured loan portfolios, secured loan portfolios and credit card portfolios. The Company's segments include Triad Financial Services, which includes manufactured home loans; and The Kessler Group, which includes consumer credit card portfolios. The Company's Triad Financial Services segment originates consumer loans for the purchase of manufactured homes throughout the United States and subsequently syndicates and sells these loans to a network of third-party financial institutions. The Kessler Group segment provides capital to fund marketing initiatives on behalf of its Partners.

INK Edge Outlook

CONDITIONS:
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6 months ago
1 year ago
Overall
Mostly Sunny
Mixed
Mixed
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Go to ECN Capital Corp. (ECN)'s company page

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