Louisiana Pacific Corp – (LPX, +1, Aug 10th)

Two Louisiana Pacific Corp insiders were trading stocks recently.

Stephen Macadam (Director since 2019) purchased $104,000 worth of stock on August 9th at $56.24, increasing his holdings by +6% to 30,398 shares. This is Macadam’s fourth purchase and follows very timely purchases in May 2020 at $21 and in November 2020 at $31. It is interesting to see him continue to add, at a higher price level.

We previously ranked this stock +N based on a $700,000 purchase from Alan Haughie (CFO since Jan 2019) at $55.94.

We are upgrading the stock further, from +N to +1 with this purchase from Macadam.

 

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