← Signals · Industrials · TSX
$MDA
MDA Space
Signal as of July 25, 2026  ·  90-day rolling window  ·  Aerospace & Defense
Confluence Score
76
out of 100  ·  Full breakdown →
Score delayed 7 days on Free  ·  See today's score — Analyst →
Signals scoring 75–89 have historically hit 60% of the time (avg +9.7% over 90 days, 362 backtested signals). Methodology →
🔒 Risk monitoring — insider-selling & reversal warnings (Analyst)
↓ Buying the dip — 37% below 52-wk high 📅 Buying into earnings — Aug 07 (6d)
Confluence Score
76
Insider Activity (90d)
9
5 buyers  ·  $8.7M  ·  open-market only
Current Price
$42.44
CAD  ·  5-min cache
Market Cap
$6.9B
CAD  ·  TMX
Lobbying & Contracts
None
0 regs  ·  0 contracts
Industrials on Form55: 52% hit rate · +1.0% alpha vs XIU.TO · 46 closed signals Track Record →
Signal Analyst
The Confluence Score and insider trade feed above are free. Signal Analyst adds the full component breakdown, lobbying registrations, and contract wins — plus alerts when this company's signal moves, so you don't have to keep checking back.
Monitor — CAD $29/mo
Price Chart
12 months daily  ·  TSX:MDA
Insider Transactions
90-day window  ·  31 filings
Date Insider Role Nature Dir. Shares Buy Price Return Value
Jul 22, 2026 Lavoie, Guillaume Plan / DRIP Buy 11 $44.64 -4.9%  · 10d $491
Jul 22, 2026 McDonald, Stephanie Plan / DRIP Buy 28 $44.64 -4.9%  · 10d $1K
Jun 24, 2026 Snarch, David Exercise Buy 30,000 $54.49 -22.1%  · 38d $1.6M
Jun 24, 2026 Snarch, David Open Market Buy 30,000 $54.49 -22.1%  · 38d $1.6M
Jun 24, 2026 Snarch, David Exercise Sell 3,136
Jun 24, 2026 Snarch, David Exercise Buy 3,136 $40.07 +5.9%  · 38d $126K
Jun 24, 2026 Snarch, David Open Market Buy 3,136 $55.54 -23.6%  · 38d $174K
Jun 24, 2026 Johnson, Holly Lynn Exercise Sell 10,000
Jun 24, 2026 Johnson, Holly Lynn Exercise Buy 10,000 $9.60 +342.1%  · 38d $96K
Jun 24, 2026 Johnson, Holly Lynn Open Market Buy 10,000 $55.76 -23.9%  · 38d $558K
Jun 24, 2026 Snarch, David Exercise Sell 30,000
Jun 23, 2026 Baltacioglu, Yaprak Comp. Grant Buy 1,122
Jun 23, 2026 Lavoie, Guillaume Plan / DRIP Buy 9 $56.43 -24.8%  · 39d $508
Jun 23, 2026 McDonald, Stephanie Plan / DRIP Buy 22 $56.43 -24.8%  · 39d $1K
Jun 23, 2026 Paddick, Brendan Comp. Grant Buy 1,032
Jun 23, 2026 Farber, Darren William Comp. Grant Buy 1,032
Jun 23, 2026 Smith, Jill Deborah Comp. Grant Buy 1,099
Jun 23, 2026 Wu, Yung Cheng Comp. Grant Buy 628
Jun 23, 2026 Smith, Karl W. Comp. Grant Buy 1,144
Jun 12, 2026 Lavoie, Guillaume Plan / DRIP Buy 9 $55.79 -23.9%  · 50d $502
Jun 12, 2026 Lavoie, Guillaume Open Market Buy 688 $55.62 -23.7%  · 50d $38K
Jun 11, 2026 Lavoie, Guillaume Open Market Buy 1,500 $52.63 -19.4%  · 51d $79K
Jun 11, 2026 Pozzebon, Luigi Open Market Buy 31,686 $52.90 -19.8%  · 51d $1.7M
Jun 10, 2026 Lavoie, Guillaume Open Market Buy 395 $53.55 -20.7%  · 52d $21K
Jun 10, 2026 Suchan, Minda Marie Exercise Buy 40,000 $6.00 +607.3%  · 52d $240K
Jun 10, 2026 Suchan, Minda Marie Open Market Buy 40,000 $53.22 -20.3%  · 52d $2.1M
Jun 10, 2026 Johnson, Holly Lynn Exercise Sell 45,000 $9.60 $432K
Jun 10, 2026 Johnson, Holly Lynn Exercise Buy 45,000 $9.60 +342.1%  · 52d $432K
Jun 10, 2026 Johnson, Holly Lynn Open Market Buy 45,000 $52.79 -19.6%  · 52d $2.4M
Jun 10, 2026 Suchan, Minda Marie Exercise Sell 40,000 $6.00 $240K
May 13, 2026 Lavoie, Guillaume Plan / DRIP Buy 10 $50.95 -16.7%  · 80d $510
Score uses open-market buys only  ·  9 open-market  ·  17 plan / compensation shown but not scored  ·  Return is unrealized, to today's price; a “· Nd” mark means the 90-day window is still open (N of 90 days) — too early to judge.
Score Breakdown
Signal Analyst  ·  $29/mo
Component Points Max Detail Weight
Conviction (unique buyers)  ✓ FREE PREVIEW 20 30 5 unique buyers
Buy/sell ratio 20 64% buys (9B / 5S)
Dollar value 25 $8.7M (sweet spot)
Lobbying activity 15 None
Contract wins 10 None
Insider track record 10 Avg 58% credibility
Private placements 8 None
Confluence bonus 10 None
Cluster timing (velocity) 10 Loose cluster: 2+ insiders bought same-day or within ~2 weeks
Buy/sell reversal pattern 8 3+ insiders reversed from selling to buying
Total 76 100
Unlock Component Detail — CAD $29/mo
Buying Insiders
Open-market · 90 days · 5 unique buyers
Insider Credibility Hit Rate Avg 90d Return Trades (eval'd) Buy Value (90d) Last Buy
Snarch, David 90 /100 82% +35.4% 22 $1.8M Jun 24, 2026
Johnson, Holly Lynn 70 /100 75% +20.5% 32 $2.9M Jun 24, 2026
Suchan, Minda Marie 53 /100 65% +17.0% 23 $2.1M Jun 10, 2026
Pozzebon, Luigi 51 /100 73% +21.1% 15 $1.7M Jun 11, 2026
Lavoie, Guillaume 34 /100 50% +16.6% 24 $138K Jun 12, 2026
Credibility score: historical hit rate × avg 90d return × sample size. View full insider leaderboard →
Lobbying Registrations
OCL active  ·  none found
No active OCL lobbying registrations in the last 90 days. Analyst plan →
Government Contract Wins
90-day window  ·  none found
No government contract wins in the last 90 days. Analyst plan →
Private Placements
12 months  ·  Signal Analyst  ·  $29/mo
Private placement history, deal size, and lock-up expiry tracking. Analyst plan →
Political Footprint
Donations · lobbying · contracts

4 insiders linked to MDA are also individual political donors — $51K across 45 donations (2007–2023).

Conservative Party of Canada · $27K Liberal Party of Canada · $24K

Form55 also tracks MDA's federal footprint: $39390.7M across 1817 federal contracts from 14 departments.

Sources: Elections Canada (individual donations only — corporate political donations banned federally since 2007), the federal Registry of Lobbyists, and federal contract disclosures. Insiders matched to donors by name. Shown for transparency from disclosed public records — this is not a Confluence Score input, implies no causal link between donations, lobbying, or contracts, and is not a claim of wrongdoing.

Indigenous Consultation
no records on file

No Indigenous consultation records on file for MDA.

SEDAR+ Filings
official filing registry
Form55 monitors SEDAR+ filing alerts and newswire announcements for Technical Reports and material changes. Search SEDAR+ →
Short Interest
CIRO  ·  Jul 15, 2026
Shares short
7,145,803
Net change
+3,858,449 (+117.4%)
Short interest rose 117% since the prior report. With a bullish Confluence Score (75.86), this is a tension setup — shorts and insiders are positioned against each other.
History
Jul 15: 7,145,803
Jun 30: 3,287,354
Jun 15: 2,114,404
May 31: 2,409,218
May 15: 2,847,225
Apr 30: 3,311,557
Aggregate short position from CIRO's Consolidated Short Position Report (published twice monthly).
Wikipedia Attention
Pageviews  ·  30 days
Views (30d)
3,327
Daily English-Wikipedia pageviews (Wikimedia). Traffic spikes often coincide with news — a public-attention indicator, not investment advice.
Boardroom Connections
2 insiders also active elsewhere
Insider Other boards Also an insider at
Culmone, Vito 1 STN (45)
Vachon, Louis 1 BCE (85)
People who file as insiders here and at other TSX/TSXV companies (number in brackets = that company's Confluence Score). A well-connected insider taking a seat at a new junior can be an early tell. Matched by name across SEDI filings; funds and 10%+ holders excluded.
Form55 provides data and analysis for informational purposes only. Nothing on this site constitutes investment advice or a recommendation to buy or sell any security. Past performance is not indicative of future results.