Economy

Insiders have purchased more than $89.5 million worth of shares in Magna International in recent trading sessions, according to TMX Money. The company announced record sales of $9.46 billion in Q2 in late August.

Like many insider buys taking place on the TSX or NYSE of late, the flurry has come near a 52-week or all-time high.

Magna hit its 52-week high of $125.39 on August 25th.