Key Points
- Director William Brennan bought 2,000 Altus Group shares on May 28 at C$42.90 each, a C$85,800 transaction that slightly increased his ownership to 3,529,831 shares.
- Brennan has been actively buying shares throughout May, including several larger purchases in the prior weeks, signaling sustained insider accumulation.
- Altus Group recently reported quarterly EPS of C$0.42 on revenue of C$108.24 million, while analysts currently rate the stock a consensus “Hold” with an average target price of C$55.63.
Altus Group Limited (TSE:AIF - Get Free Report) Director William Brennan acquired 2,000 shares of the company's stock in a transaction dated Thursday, May 28th. The shares were bought at an average cost of C$42.90 per share, for a total transaction of C$85,800.00. Following the completion of the acquisition, the director directly owned 3,529,831 shares of the company's stock, valued at approximately C$151,429,749.90. The trade was a 0.06% increase in their ownership of the stock.
William Brennan also recently made the following trade(s):
- On Wednesday, May 27th, William Brennan bought 13,733 shares of Altus Group stock. The stock was purchased at an average price of C$43.20 per share, for a total transaction of C$593,265.60.
- On Wednesday, May 27th, William Brennan purchased 1,600 shares of Altus Group stock. The stock was acquired at an average price of C$42.99 per share, for a total transaction of C$68,784.00.
- On Tuesday, May 26th, William Brennan purchased 2,400 shares of Altus Group stock. The stock was acquired at an average price of C$42.59 per share, for a total transaction of C$102,216.00.
- On Thursday, May 14th, William Brennan purchased 15,778 shares of Altus Group stock. The stock was acquired at an average price of C$40.97 per share, for a total transaction of C$646,424.66.
- On Thursday, May 14th, William Brennan purchased 857 shares of Altus Group stock. The stock was acquired at an average price of C$40.97 per share, for a total transaction of C$35,111.29.
- On Thursday, May 14th, William Brennan purchased 1,565 shares of Altus Group stock. The stock was acquired at an average price of C$40.97 per share, for a total transaction of C$64,118.05.
- On Friday, May 15th, William Brennan purchased 10,750 shares of Altus Group stock. The stock was acquired at an average price of C$41.23 per share, for a total transaction of C$443,222.50.
- On Friday, May 15th, William Brennan purchased 584 shares of Altus Group stock. The stock was acquired at an average price of C$41.23 per share, for a total transaction of C$24,078.32.
- On Friday, May 15th, William Brennan purchased 1,066 shares of Altus Group stock. The stock was acquired at an average price of C$41.23 per share, for a total transaction of C$43,951.18.
- On Friday, May 15th, William Brennan purchased 33,544 shares of Altus Group stock. The stock was acquired at an average price of C$41.33 per share, for a total transaction of C$1,386,373.52.
Altus Group Price Performance
TSE:AIF opened at C$42.30 on Friday. Altus Group Limited has a one year low of C$36.97 and a one year high of C$63.07. The company has a debt-to-equity ratio of 52.00, a quick ratio of 1.30 and a current ratio of 0.71. The firm has a market cap of C$1.51 billion, a price-to-earnings ratio of -2,115.00, a PEG ratio of 0.96 and a beta of 0.64. The firm's fifty day moving average is C$45.88 and its two-hundred day moving average is C$48.64.
Altus Group (TSE:AIF - Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported C$0.42 EPS for the quarter. Altus Group had a negative net margin of 3.42% and a negative return on equity of 2.76%. The company had revenue of C$108.24 million for the quarter. Research analysts expect that Altus Group Limited will post 1.7263823 EPS for the current year.
Analysts Set New Price Targets
Several equities research analysts have commented on AIF shares. Royal Bank Of Canada lowered their price target on shares of Altus Group from C$56.00 to C$50.00 and set a "sector perform" rating on the stock in a report on Friday, February 20th. BMO Capital Markets upped their price objective on Altus Group from C$48.00 to C$54.00 in a research report on Thursday, April 16th. ATB Cormark Capital Markets upped their price objective 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. TD Securities lowered their price objective 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. Finally, National Bank Financial lowered their price objective on Altus Group from C$52.00 to C$45.00 and set a "sector perform" rating on the stock in a research report on Wednesday. Three analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of C$55.63.
View Our Latest Stock Analysis on AIF
Altus Group Company Profile
(
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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