Cameco (T:CCO) has notable insider net $ selling

Tim Scott Gitzel, CEO, acquired 150,000 Common Shares on a direct ownership basis at a price of $14.700 through an exercise of options between April 3rd, 2024 and April 4th, 2024. The insider also disposed 121,546 Common Shares on a direct ownership basis at prices ranging from $66.460 and $67.760 through the public market between April 3rd, 2024 and April 4th, 2024. This represents a $5,946,350 net divestment of the company's shares and an account share holdings change of 5.7%.

Cherise Marie Grychowski, a Senior Officer, disposed 1,000 Common Shares on a direct ownership basis at a price of $66.520 through the public market on April 3rd, 2024. This represents a $66,520 divestment of the company's shares and an account share holdings change of -22.7%.

Ronald Liam Mooney, a Senior Officer, acquired 5,000 Common Shares on a direct ownership basis at a price of $11.320 through an exercise of options on April 3rd, 2024. The insider also disposed 5,000 Common Shares on a direct ownership basis at a price of $66.180 through the public market on April 3rd, 2024. This represents a $274,300 net divestment of the company's shares and an account share holdings change of 0%.

Cameco is in the Uranium Sub Industry Group under the Energy Sector.

Cameco Corporation is engaged in providing uranium fuel to generate clean, reliable baseload electricity around the globe. The Company also offers nuclear fuel processing services, refinery services and manufactures fuel assemblies and reactor components. Its segments include uranium, fuel services and Westinghouse. The uranium segment is involved in the exploration for, mining, milling, purchase and sale of uranium concentrate. The fuel services segment is involved in the refining, conversion and fabrication of uranium concentrate and the purchase and sale of conversion services. The Westinghouse segment is engaged in the nuclear services businesses. Its uranium projects include Millennium, Yeelirrie, and Kintyre. The Cree Extension-Millennium project is a Cameco-operated joint venture located in the southeastern portion of Canada's Athabasca Basin. The Yeelirrie deposit is located approximately 650-kilometer (Km) northeast of Perth and about 750 km south of its Kintyre project.