Total Energy Services Inc. (TSE:TOT) has seen recent insider trading activity, with President Daniel Halyk purchasing shares on multiple occasions. His most recent acquisition involved buying CA$89,000 worth of stock at CA$12.17 per share. This follows a larger previous purchase of CA$271,000 worth of shares at CA$8.90 per share earlier in the year [2].

According to www.iAsk.Ai - Ask AI: Over the last year, Total Energy Services insiders have collectively bought 201,140 shares valued at CA$2.0 million, while selling 37,500 shares for CA$435,000. This indicates that insiders have bought more shares than they have sold, with an average purchase price of approximately CA$10.06 per share [2]. While these purchases demonstrate insider confidence, it's important to note that many of these acquisitions occurred when the share price was lower than the current trading price of CA$13.45 [2]. Insider ownership in Total Energy Services stands at approximately CA$48 million, representing 9.8% of the company, which is considered a strong level of alignment between management and shareholders [2].

Insider trading information, generally derived from Forms 3 and 4 filings with the U.S. Securities and Exchange Commission (SEC) for U.S. companies, provides insights into how corporate insiders (officers, directors, and beneficial owners of more than 10% of a company's equity securities) view the company's prospects [4] [5]. For Canadian companies like Total Energy Services, similar regulatory filings would provide this data [1]. Purchasing activity by insiders often suggests a perceived value in the security, while selling activity can be for various reasons, including personal financial needs or tax implications, and may not always reflect a negative outlook on the stock's valuation [3]. It is often considered more significant when multiple insiders are buying shares or when an insider's total holdings are trending higher [3].

As of today, 2025-08-26, the most recent reported insider trading activity for Total Energy Services Inc. involves President Daniel Halyk's purchase of CA$89,000 worth of stock at CA$12.17 per share. This transaction occurred recently, though the exact date within the last week is not specified beyond "recently bought" [2].


Authoritative Sources

  1. Total Energy Services Inc. (TOT-T) Insider Activity. [The Globe and Mail]
  2. Daniel Halyk Buys A Handful Of Shares In Total Energy Services Inc. (TSE:TOT). [Yahoo Finance]
  3. Tuesday’s Insider Report: Director invests over $1-million in an energy. [The Globe and Mail]
  4. Insider Activity. [Nasdaq]
  5. Insider Trading Activity. [Barchart]

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