Element Financial announced that members of the its senior management team purchased approximately $7.1 million worth of Element common shares in the open market following the announcement of its financial results for the three-month and 12-month period ending September 30, 2014.

“After the release of our record Q3 financial results, our senior management group was pleased to invest more than seven million dollars buying common shares of the company,” said Steven Hudson, Element’s chairman and CEO.

Previously on monitordaily: Element Reports Earning Assets of $8.9B, Up 120% Q/Q