Key Points
- Altus Group director William Brennan bought 2,400 shares on May 26 at an average price of C$42.59, totaling C$102,216. After the purchase, he owned 3,512,498 shares worth about C$149.6 million.
- Brennan has been активно buying shares recently, with multiple purchases earlier in May, including a large 106,515-share buy on May 19. These trades suggest continued insider accumulation.
- Altus Group shares rose 0.7% and opened at C$43.11, below both the 50-day and 200-day moving averages. Analysts currently rate the stock a consensus Hold with an average target price of C$56.50.
Altus Group Limited (TSE:AIF - Get Free Report) Director William Brennan purchased 2,400 shares of the firm's stock in a transaction on Tuesday, May 26th. The shares were acquired at an average cost of C$42.59 per share, with a total value of C$102,216.00. Following the completion of the acquisition, the director directly owned 3,512,498 shares in the company, valued at C$149,597,289.82. The trade was a 0.07% increase in their ownership of the stock.
William Brennan also recently made the following trade(s):
- On Thursday, May 14th, William Brennan purchased 15,778 shares of Altus Group stock. The shares were acquired at an average cost of C$40.97 per share, with a total value of C$646,424.66.
- On Thursday, May 14th, William Brennan purchased 857 shares of Altus Group stock. The shares were acquired at an average cost of C$40.97 per share, with a total value of C$35,111.29.
- On Thursday, May 14th, William Brennan purchased 1,565 shares of Altus Group stock. The shares were acquired at an average cost of C$40.97 per share, with a total value of C$64,118.05.
- On Friday, May 15th, William Brennan purchased 10,750 shares of Altus Group stock. The shares were acquired at an average cost of C$41.23 per share, with a total value of C$443,222.50.
- On Friday, May 15th, William Brennan purchased 584 shares of Altus Group stock. The shares were acquired at an average cost of C$41.23 per share, with a total value of C$24,078.32.
- On Friday, May 15th, William Brennan purchased 1,066 shares of Altus Group stock. The shares were acquired at an average cost of C$41.23 per share, with a total value of C$43,951.18.
- On Friday, May 15th, William Brennan purchased 33,544 shares of Altus Group stock. The shares were acquired at an average cost of C$41.33 per share, with a total value of C$1,386,373.52.
- On Tuesday, May 19th, William Brennan purchased 106,515 shares of Altus Group stock. The shares were acquired at an average cost of C$42.80 per share, with a total value of C$4,558,842.00.
Altus Group Stock Up 0.7%
Shares of TSE AIF opened at C$43.11 on Wednesday. The business has a 50-day moving average of C$46.11 and a two-hundred day moving average of C$48.78. The company has a debt-to-equity ratio of 52.00, a current ratio of 0.71 and a quick ratio of 1.30. Altus Group Limited has a 1 year low of C$36.97 and a 1 year high of C$63.07. The company has a market capitalization of C$1.54 billion, a price-to-earnings ratio of -2,155.50, a price-to-earnings-growth ratio of 0.96 and a beta of 0.64.
Altus Group (TSE:AIF - Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported C$0.42 EPS for the quarter. Altus Group had a negative return on equity of 2.76% and a negative net margin of 3.42%.The business had revenue of C$108.24 million for the quarter. On average, analysts forecast that Altus Group Limited will post 1.7263823 earnings per share for the current fiscal year.
Analyst Ratings Changes
AIF has been the topic of a number of research analyst reports. TD Securities cut their target price on Altus Group from C$67.00 to C$55.00 and set a "buy" rating on the stock in a research report on Wednesday, February 25th. ATB Cormark Capital Markets lifted their target price on Altus Group from C$54.00 to C$58.00 and gave the stock an "outperform" rating in a research report on Friday, April 17th. BMO Capital Markets lifted their target price on Altus Group from C$48.00 to C$54.00 in a research report on Thursday, April 16th. Finally, Royal Bank Of Canada cut their target price on Altus Group from C$56.00 to C$50.00 and set a "sector perform" rating on the stock in a research report on Friday, February 20th. Three investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Altus Group currently has an average rating of "Hold" and an average target price of C$56.50.
Read Our Latest Research Report 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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