Key Points
- Aimia director Thomas (Tom) Little bought 56,000 shares on May 27 at an average price of C$2.72, spending C$152,320 and lifting his direct stake to 506,772 shares.
- Little has been a frequent buyer recently, including a 99,272-share purchase on May 26 and multiple smaller purchases in late March, signaling continued insider confidence.
- Aimia’s stock was up 3.0% and the company recently reported C$0.02 EPS on revenue of C$32.7 million, while analysts currently rate the stock a Hold with a C$3.00 target price.
Aimia Inc. (TSE:AIM - Get Free Report) Director Rhys Drennan Summerton bought 10,000 shares of the business's stock in a transaction dated Wednesday, May 27th. The stock was acquired at an average cost of C$2.71 per share, for a total transaction of C$27,100.00. Following the purchase, the director owned 546,300 shares in the company, valued at approximately C$1,480,473. This trade represents a 1.86% increase in their position.
Aimia Stock Performance
Shares of AIM stock opened at C$2.79 on Friday. The company's fifty day simple moving average is C$2.74 and its 200-day simple moving average is C$2.84. Aimia Inc. has a 52 week low of C$2.60 and a 52 week high of C$3.44. The company has a current ratio of 1.96, a quick ratio of 83.33 and a debt-to-equity ratio of 47.02. The company has a market cap of C$248.58 million, a PE ratio of -18.60, a P/E/G ratio of -2.30 and a beta of 0.03.
Aimia (TSE:AIM - Get Free Report) last issued its earnings results on Wednesday, May 13th. The company reported C$0.02 EPS for the quarter. Aimia had a negative net margin of 3.17% and a negative return on equity of 3.98%. The business had revenue of C$32.70 million for the quarter. As a group, equities research analysts anticipate that Aimia Inc. will post 0.0149339 EPS for the current year.
Analysts Set New Price Targets
Separately, TD Securities downgraded shares of Aimia from a "buy" rating to a "hold" rating and cut their target price for the company from C$3.75 to C$3.00 in a research note on Tuesday, February 10th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Aimia has an average rating of "Hold" and an average price target of C$3.00.
View Our Latest Analysis on Aimia
Aimia Company Profile
(
Get Free Report)
Aimia Inc (TSX: AIM) is a holding company that makes long-term investments in private and public businesses through controlling or minority stakes. We target companies with durable economic advantages evidenced by a track record of substantial free cash flow generation over complete business cycles, strong growth prospects, and guided by strong, experienced management teams. Headquartered in Toronto, Canada, Aimia is positioned to invest in any sector, wherever a suitable opportunity can be identified worldwide.
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