Ranganathan, Madhu — Insider Profile

Insider Profile

Ranganathan, Madhu

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$BMO $OTEX

Companies Filed At

Open-Market Buys (2yr)

$350K

Buy Value (2yr, open-market)

May 21, 2026

Most Recent Trade

Credibility
Score

56%

Hit Rate

+1.4%

Avg 90d Return

+1.4%

Median 90d Return

Evaluated Trades

+26.1%

Best Trade

-26.5%

Worst Trade

Hit rate and returns are based on 43 open-market buys with evaluable 90-day outcomes. Score reflects historical conviction, not a guarantee of future performance. Limited signal — either below-average timing or insufficient trade history.

Cross-Company Track Record

across 2 issuers · entity-resolved

56%

Hit Rate · 90d

+0.3%

Median Alpha · 90d

Closed Buys Evaluated

56%

Beat XIU

Issuers Traded

All-insider base rate: 59% hit rate · +1.3% mean alpha (n=11504)

cluster buyer high frequency multi issuer size concentrated

Entry: closing price on SEDI filing date (point-in-time). Exit: 90 calendar days later. Alpha vs XIU.TO (iShares TSX 60). Closed trades only. Not investment advice.

Research 9 closed buys with individual return outcomes available on the Research plan.

Date	Company	Role	Nature	Dir.	Shares	Price	Value	Score
May 21, 2026	$BMO Bank of Montreal	—	Comp. Grant	Buy	324	$220.06	$71K	85
Feb 26, 2026	$BMO Bank of Montreal	—	Corp. Event	Buy	79	$203.64	$16K	85
Feb 23, 2026	$BMO Bank of Montreal	—	Comp. Grant	Buy	365	$194.97	$71K	85
Nov 26, 2025	$BMO Bank of Montreal	—	Corp. Event	Buy	85	$176.07	$15K	85
Nov 21, 2025	$BMO Bank of Montreal	—	Comp. Grant	Buy	418	$170.64	$71K	85
Aug 26, 2025	$BMO Bank of Montreal	—	Corp. Event	Buy	85	$165.16	$14K	85
Aug 21, 2025	$BMO Bank of Montreal	—	Comp. Grant	Buy	455	$156.52	$71K	85
May 27, 2025	$BMO Bank of Montreal	—	Corp. Event	Buy	88	$144.86	$13K	85
May 22, 2025	$BMO Bank of Montreal	—	Comp. Grant	Buy	496	$143.73	$71K	85
Feb 26, 2025	$BMO Bank of Montreal	—	Corp. Event	Buy	79	$149.19	$12K	85
Dec 20, 2024	$OTEX OpenText	—	Plan / DRIP	Buy	1,172	$28.55	$33K	63
Dec 20, 2024	$OTEX OpenText	—	Plan / DRIP	Buy	505	$28.55	$14K	63
Nov 26, 2024	$BMO Bank of Montreal	—	Corp. Event	Buy	80	$132.83	$11K	85
Nov 04, 2024	$OTEX OpenText	—	Open Market	Buy	12,075	$28.97	$350K	63
Aug 27, 2024	$BMO Bank of Montreal	—	Corp. Event	Buy	86	$112.04	$10K	85
Aug 22, 2024	$BMO Bank of Montreal	—	Comp. Grant	Buy	571	$118.14	$67K	85
Aug 05, 2024	$OTEX OpenText	—	Comp. Grant	Buy	129,890	$28.49	$3.7M	63
Aug 05, 2024	$OTEX OpenText	—	Comp. Grant	Buy	129,980	$28.49	$3.7M	63
Aug 05, 2024	$OTEX OpenText	—	Comp. Grant	Buy	49,080	$30.56	$1.5M	63
Aug 05, 2024	$OTEX OpenText	—	Comp. Grant	Buy	24,540	$30.56	$750K	63
Jun 18, 2024	$OTEX OpenText	—	Plan / DRIP	Buy	667	$28.77	$19K	63
Jun 18, 2024	$OTEX OpenText	—	Plan / DRIP	Buy	258	$28.77	$7K	63
May 28, 2024	$BMO Bank of Montreal	—	Corp. Event	Buy	65	$131.10	$9K	85
May 23, 2024	$BMO Bank of Montreal	—	Comp. Grant	Buy	520	$129.87	$68K	85
Mar 31, 2024	$OTEX OpenText	—	Plan / DRIP	Buy	615	$33.04	$20K	63
Mar 20, 2024	$OTEX OpenText	—	Plan / DRIP	Buy	191	$38.69	$7K	63
Mar 20, 2024	$OTEX OpenText	—	Plan / DRIP	Buy	493	$38.69	$19K	63
Mar 12, 2024	$OTEX OpenText	—	Open Market	Buy	7,264	$38.58	$280K	63
Feb 27, 2024	$BMO Bank of Montreal	—	Corp. Event	Buy	62	$122.31	$8K	85
Feb 22, 2024	$BMO Bank of Montreal	—	Comp. Grant	Buy	528	$127.80	$67K	85
Dec 20, 2023	$OTEX OpenText	—	Plan / DRIP	Buy	460	$41.18	$19K	63
Dec 20, 2023	$OTEX OpenText	—	Plan / DRIP	Buy	178	$41.18	$7K	63
Nov 30, 2023	$OTEX OpenText	—	Exercise	Sell	8,750	$40.67	$356K	63
Nov 30, 2023	$OTEX OpenText	—	Plan / DRIP	Buy	17,140	$40.14	$688K	63
Nov 30, 2023	$OTEX OpenText	—	Open Market	Buy	4,657	$40.27	$188K	63
Nov 30, 2023	$OTEX OpenText	—	Exercise	Buy	8,750	$40.67	$356K	63
Nov 28, 2023	$BMO Bank of Montreal	—	Corp. Event	Buy	59	$108.47	$6K	85
Nov 23, 2023	$BMO Bank of Montreal	—	Comp. Grant	Buy	612	$110.21	$67K	85
Sep 22, 2023	$OTEX OpenText	—	Plan / DRIP	Buy	194	$37.51	$7K	63
Sep 22, 2023	$OTEX OpenText	—	Plan / DRIP	Buy	388	$37.51	$15K	63
Aug 28, 2023	$BMO Bank of Montreal	—	Corp. Event	Buy	48	$114.07	$5K	85
Aug 23, 2023	$BMO Bank of Montreal	—	Comp. Grant	Buy	598	$112.88	$68K	85
Aug 10, 2023	$OTEX OpenText	—	Exercise	Buy	2,233	$37.36	$83K	63
Aug 10, 2023	$OTEX OpenText	—	Exercise	Sell	2,233	$37.36	$83K	63
Aug 10, 2023	$OTEX OpenText	—	Open Market	Buy	1,158	$37.50	$43K	63
Aug 07, 2023	$OTEX OpenText	—	Comp. Grant	Buy	67,410	$36.79	$2.5M	63
Aug 07, 2023	$OTEX OpenText	—	Comp. Grant	Buy	15,170	$36.79	$558K	63
Aug 07, 2023	$OTEX OpenText	—	Comp. Grant	Buy	30,340	$36.79	$1.1M	63
Jul 06, 2023	$OTEX OpenText	—	Plan / DRIP	Buy	56	$35.25	$2K	63
Jun 23, 2023	$OTEX OpenText	—	Plan / DRIP	Buy	165	$40.96	$7K	63
Jun 23, 2023	$OTEX OpenText	—	Plan / DRIP	Buy	82	$40.96	$3K	63
May 26, 2023	$BMO Bank of Montreal	—	Corp. Event	Buy	38	$114.74	$4K	85
May 23, 2023	$BMO Bank of Montreal	—	Comp. Grant	Buy	575	$117.43	$68K	85
Apr 12, 2023	$OTEX OpenText	—	Plan / DRIP	Buy	759	$32.60	$25K	63
Mar 23, 2023	$OTEX OpenText	—	Plan / DRIP	Buy	180	$37.28	$7K	63
Mar 23, 2023	$OTEX OpenText	—	Plan / DRIP	Buy	90	$37.28	$3K	63
Feb 28, 2023	$BMO Bank of Montreal	—	Corp. Event	Buy	28	$129.32	$4K	85
Feb 23, 2023	$BMO Bank of Montreal	—	Comp. Grant	Buy	518	$130.39	$68K	85
Nov 07, 2022	$OTEX OpenText	—	Exercise	Buy	8,339	$26.81	$224K	63
Nov 07, 2022	$OTEX OpenText	—	Exercise	Buy	6,520	$26.81	$175K	63
Nov 07, 2022	$OTEX OpenText	—	Open Market	Buy	7,767	$27.58	$214K	63
Nov 07, 2022	$OTEX OpenText	—	Comp. Grant	Buy	180,000	$26.81	$4.8M	63
Nov 07, 2022	$OTEX OpenText	—	Exercise	Sell	13,030	$26.81	$349K	63
Nov 07, 2022	$OTEX OpenText	—	Exercise	Sell	6,520	$26.81	$175K	63
Aug 26, 2022	$BMO Bank of Montreal	—	Corp. Event	Buy	17	$128.53	$2K	85
Aug 23, 2022	$BMO Bank of Montreal	—	Comp. Grant	Buy	467	$131.15	$61K	85
Aug 10, 2022	$OTEX OpenText	—	Exercise	Sell	2,232	$37.83	$84K	63
Aug 10, 2022	$OTEX OpenText	—	Open Market	Buy	1,205	$39.28	$47K	63
Aug 10, 2022	$OTEX OpenText	—	Exercise	Buy	2,232	$37.83	$84K	63
Jun 08, 2022	$BMO Bank of Montreal	—	Open Market	Buy	329	$109.30	$36K	85
Jun 08, 2022	$BMO Bank of Montreal	—	Other	Sell	327	$109.30	$36K	85
May 26, 2022	$BMO Bank of Montreal	—	Corp. Event	Buy	14	$135.14	$2K	85
May 20, 2022	$BMO Bank of Montreal	—	Comp. Grant	Buy	468	$130.92	$61K	85
Apr 08, 2022	$OTEX OpenText	—	Plan / DRIP	Buy	528	$36.21	$19K	63
Feb 28, 2022	$BMO Bank of Montreal	—	Corp. Event	Buy	9	$144.73	$1K	85
Feb 23, 2022	$BMO Bank of Montreal	—	Comp. Grant	Buy	425	$144.27	$61K	85
Nov 20, 2020	$OTEX OpenText	—	Exercise	Sell	73,378	$34.71	$2.5M	63
Nov 20, 2020	$OTEX OpenText	—	Open Market	Buy	73,378	$42.92	$3.1M	63
Nov 20, 2020	$OTEX OpenText	—	Exercise	Buy	73,378	$34.71	$2.5M	63
Nov 09, 2020	$OTEX OpenText	—	Exercise	Buy	5,890	$41.44	$244K	63
Nov 09, 2020	$OTEX OpenText	—	Exercise	Sell	3,980	$41.44	$165K	63
Nov 09, 2020	$OTEX OpenText	—	Exercise	Sell	7,960	$41.44	$330K	63
Nov 09, 2020	$OTEX OpenText	—	Open Market	Buy	5,198	$41.04	$213K	63
Nov 09, 2020	$OTEX OpenText	—	Exercise	Buy	3,980	$41.44	$165K	63

Muted rows are plan purchases, compensation grants, or DRIP — not open-market. Confluence Scores reflect the company's current score, not the score at time of trade.