AutoCanada (TSE:ACQ) Stock: Insider Paul Antony Buys 1,500 Shares

AutoCanada Inc. (TSE:ACQ - Get Free Report) insider Paul Antony acquired 1,500 shares of the stock in a transaction that occurred on Thursday, October 22nd. The stock was acquired at an average cost of C$27.65 per share, for a total transaction of C$41,475.00. Following the completion of the purchase, the insider owned 1,584,375 shares in the company, valued at C$43,807,968.75. The trade was a 0.09% increase in their position.

Paul Antony also recently made the following trade(s):

• On Monday, October 19th, Paul Antony bought 5,000 shares of AutoCanada stock. The shares were acquired at an average price of C$27.13 per share, with a total value of C$135,650.00.
• On Friday, October 16th, Paul Antony bought 2,400 shares of AutoCanada stock. The shares were acquired at an average price of C$26.12 per share, with a total value of C$62,688.00.
• On Thursday, October 15th, Paul Antony bought 1,472 shares of AutoCanada stock. The shares were acquired at an average price of C$24.82 per share, with a total value of C$36,535.04.
• On Wednesday, October 14th, Paul Antony purchased 2,036 shares of AutoCanada stock. The stock was acquired at an average cost of C$24.33 per share, for a total transaction of C$49,535.88.
• On Tuesday, October 13th, Paul Antony purchased 1,836 shares of AutoCanada stock. The stock was acquired at an average cost of C$24.56 per share, for a total transaction of C$45,092.16.
• On Friday, October 9th, Paul Antony purchased 2,218 shares of AutoCanada stock. The stock was acquired at an average price of C$24.41 per share, for a total transaction of C$54,141.38.
• On Thursday, October 8th, Paul Antony purchased 1,818 shares of AutoCanada stock. The stock was acquired at an average price of C$24.15 per share, for a total transaction of C$43,904.70.
• On Wednesday, October 7th, Paul Antony acquired 2,818 shares of AutoCanada stock. The shares were acquired at an average cost of C$24.07 per share, with a total value of C$67,829.26.

AutoCanada Trading Down 1.6%

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Shares of ACQ opened at C$28.78 on Wednesday. The company has a debt-to-equity ratio of 418.22, a current ratio of 1.05 and a quick ratio of 0.25. AutoCanada Inc. has a 1-year low of C$14.00 and a 1-year high of C$30.35. The stock has a market cap of C$661.59 million, a price-to-earnings ratio of 22.66, a price-to-earnings-growth ratio of 0.30 and a beta of 1.72. The firm has a 50 day simple moving average of C$23.64 and a 200-day simple moving average of C$23.29.

AutoCanada (TSE:ACQ - Get Free Report) last posted its earnings results on Wednesday, August 12th. The company reported C$0.97 earnings per share (EPS) for the quarter. AutoCanada had a return on equity of 6.64% and a net margin of 0.63%. The firm had revenue of C$1.42 billion for the quarter. Equities analysts forecast that AutoCanada Inc. will post 2.43 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently weighed in on ACQ. Royal Bank Of Canada boosted their price target on AutoCanada from C$23.00 to C$24.00 and gave the stock a "sector perform" rating in a report on Tuesday, August 18th. BMO Capital Markets upped their price objective on AutoCanada from C$24.00 to C$27.00 in a research report on Friday, August 14th. Finally, National Bank Financial decreased their price objective on AutoCanada from C$23.00 to C$21.00 and set a "sector perform" rating on the stock in a research note on Thursday, October 15th. One equities research analyst has rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of C$23.14.

View Our Latest Stock Analysis on ACQ

AutoCanada Company Profile

(Get Free Report)

AutoCanada's Canadian Dealership Operations include 64 franchised dealerships representing 23 automotive brands across eight provinces, as well as three independent used dealerships. The Company currently sells Acura, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, Ford, GMC, Honda, Hyundai, Infiniti, Jeep, Kia, Mazda, Mercedes-Benz, MINI, Nissan, Porsche, Ram, Subaru, and Volkswagen vehicles. In 2024, AutoCanada's Canadian dealerships sold approximately 85,000 new and used retail vehicles.

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