CEO is among those reducing holdings
shares are up 16 per cent, compared with a 57-per-cent gain by small-cap VersaBank. Meanwhile, Royal Bank lags other large-cap Canadian banks in our INK Edge quantitative rankings based on valuations, insider commitment and price momentum. Insider selling is a factor in the stock’s low ranking. We note that year-to-date CEO David McKay has exercised options and sold 28,914 shares at an average price of $131.46.
. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities. Chart reflects public-market transactions of common shares or unit trusts by company officers and directors. Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter.
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