Canadian Pacific Railway (T:CP) has notable insider net $ selling

Canadian Pacific Railway Limited (CP) has below median officer and director direct ownership compared to its large-cap peers in the market, based on our estimate using SEDI data.

Nadeem Velani, CFO, acquired 24,915 Common Shares on a direct ownership basis at prices ranging from $40.300 and $43.760 through an exercise of options on October 1st, 2021. The insider also disposed 24,915 Common Shares on a direct ownership basis at prices ranging from $83.400 and $83.630 through the public market on October 1st, 2021. The insider also disposed 944 Common Shares on an indirect ownership basis for registered holder ESPP at prices ranging from $83.263 and $83.270 through the public market on October 1st, 2021. This represents a $1,132,361 net divestment of the company's shares and an account share holdings change of -100.0%.

Canadian Pacific Railway is in the Ground Freight & Logistics Sub Industry Group under the Industrials Sector.

Canadian Pacific Railway Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada and the United States. The Company operates through rail transportation segment. The Company transports bulk commodities, merchandise freight, and intermodal traffic over a network of approximately 13,000 miles. Its railway feeds directly into the United States heartland from the east and west coasts. Its Bulk commodities include grain, coal, potash, fertilizers and sulfur. Its Merchandise freight consists of finished vehicles and machinery, as well as forest and industrial and consumer products. Its Intermodal traffic consists of retail goods in overseas containers that can be transported by train, ship and truck and in domestic containers and trailers that can be moved by train and truck. Its subsidiaries include Canadian Pacific Railway Company, Soo Line Railroad Company, Delaware and Hudson Railway Company, Inc. and Mount Stephen Properties Inc.