Key Points
- William Brennan bought 1,146 shares on December 23 at C$56.20, increasing his stake to 2,534,757 shares valued at about C$142.45M (a 0.05% ownership increase).
- Brennan was an active insider in November–December, executing multiple large buys (including 137,270 shares on November 26) and a sale of 93,975 shares, leaving him with a net purchase of roughly 53,400 shares over the period.
- Altus Group shares opened at C$49.75, have a 12‑month range of C$43.84–C$63.07, a market cap of C$2.01B and a P/E of 5.56, with analysts holding a consensus "Moderate Buy" and a target of C$59.86.
Altus Group Limited (TSE:AIF - Get Free Report) Director William Brennan purchased 1,146 shares of Altus Group stock in a transaction dated Tuesday, December 23rd. The stock was bought at an average price of C$56.20 per share, with a total value of C$64,405.20. Following the acquisition, the director directly owned 2,534,757 shares of the company's stock, valued at approximately C$142,453,343.40. This trade represents a 0.05% increase in their ownership of the stock.
William Brennan also recently made the following trade(s):
- On Wednesday, November 26th, William Brennan acquired 71,713 shares of Altus Group stock. The shares were bought at an average price of C$54.04 per share, for a total transaction of C$3,875,370.52.
- On Wednesday, November 26th, William Brennan acquired 53,791 shares of Altus Group stock. The stock was bought at an average cost of C$54.04 per share, for a total transaction of C$2,906,865.64.
- On Wednesday, November 26th, William Brennan bought 7,548 shares of Altus Group stock. The shares were purchased at an average price of C$53.99 per share, with a total value of C$407,516.52.
- On Wednesday, November 26th, William Brennan purchased 2,011 shares of Altus Group stock. The stock was purchased at an average cost of C$53.99 per share, for a total transaction of C$108,573.89.
- On Wednesday, November 26th, William Brennan purchased 2,207 shares of Altus Group stock. The stock was purchased at an average price of C$53.99 per share, for a total transaction of C$119,155.93.
- On Wednesday, November 26th, William Brennan sold 93,975 shares of Altus Group stock. The stock was sold at an average price of C$53.99, for a total value of C$5,073,710.25.
- On Monday, December 15th, William Brennan bought 3,100 shares of Altus Group stock. The stock was purchased at an average cost of C$54.49 per share, for a total transaction of C$168,919.00.
- On Tuesday, December 16th, William Brennan bought 600 shares of Altus Group stock. The stock was purchased at an average price of C$54.36 per share, for a total transaction of C$32,616.00.
- On Tuesday, November 11th, William Brennan purchased 4,119 shares of Altus Group stock. The shares were purchased at an average cost of C$48.85 per share, with a total value of C$201,213.15.
- On Tuesday, November 11th, William Brennan acquired 1,158 shares of Altus Group stock. The stock was acquired at an average price of C$48.85 per share, for a total transaction of C$56,568.30.
Altus Group Stock Performance
Shares of AIF stock opened at C$49.75 on Friday. Altus Group Limited has a 12 month low of C$43.84 and a 12 month high of C$63.07. The company's fifty day simple moving average is C$54.64 and its 200-day simple moving average is C$56.62. The firm has a market cap of C$2.01 billion, a PE ratio of 5.56, a P/E/G ratio of 0.96 and a beta of 0.68. The company has a quick ratio of 1.30, a current ratio of 2.09 and a debt-to-equity ratio of 55.91.
Altus Group (TSE:AIF - Get Free Report) last released its earnings results on Thursday, November 6th. The company reported C$0.38 earnings per share for the quarter. Altus Group had a net margin of 0.36% and a return on equity of 0.43%. The business had revenue of C$133.32 million during the quarter. Equities research analysts expect that Altus Group Limited will post 1.7263823 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several analysts recently issued reports on the company. Cormark upgraded Altus Group from a "hold" rating to a "buy" rating and upped their target price for the stock from C$61.00 to C$65.00 in a report on Friday, November 21st. Scotiabank dropped their price objective on Altus Group from C$63.00 to C$56.00 in a research note on Monday, November 10th. National Bankshares downgraded Altus Group from an "outperform" rating to a "sector perform" rating and cut their price objective for the company from C$74.00 to C$52.00 in a report on Friday, November 7th. Royal Bank Of Canada lowered their target price on shares of Altus Group from C$58.00 to C$56.00 and set a "sector perform" rating on the stock in a report on Friday, November 7th. Finally, CIBC increased their price target on shares of Altus Group from C$54.00 to C$62.00 in a research note on Monday, November 24th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Altus Group presently has an average rating of "Moderate Buy" and a consensus price target of C$59.86.
Read Our Latest Stock Analysis on AIF
About Altus Group
(
Get Free Report)
Altus Group Ltd operates in the Canadian real estate sector. Its services can be summed up as advisory services, software and data solutions to the property and real estate industry. The company has three reportable segments namely Altus Analytics, Commercial Real Estate Consulting, and Geomatics. It generates maximum revenue from the Commercial Real Estate Consulting segment. A part of its revenue is also derived from the United States, Europe, and the Asia Pacific.
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