Definity Financial Co. (TSE:DFY - Get Free Report) insider Brigid Pelino sold 5,000 shares of the firm's stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of C$72.00, for a total value of C$360,000.00. Following the completion of the sale, the insider directly owned 74,109 shares of the company's stock, valued at C$5,335,848. This trade represents a 6.32% decrease in their position.
Definity Financial Stock Performance
Shares of Definity Financial stock opened at C$71.84 on Friday. Definity Financial Co. has a 52 week low of C$61.87 and a 52 week high of C$79.95. The stock has a 50 day moving average price of C$66.73 and a two-hundred day moving average price of C$69.20. The stock has a market capitalization of C$8.64 billion, a PE ratio of 22.17, a price-to-earnings-growth ratio of 2.63 and a beta of 0.00.
Definity Financial (TSE:DFY - Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported C$0.97 EPS for the quarter. Definity Financial had a return on equity of 9.82% and a net margin of 6.94%.The firm had revenue of C$1.92 billion during the quarter. Research analysts forecast that Definity Financial Co. will post 3.1263962 EPS for the current year.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on the company. Jefferies Financial Group raised their price objective on Definity Financial from C$76.00 to C$81.00 in a research note on Monday, May 4th. Barclays raised their price objective on Definity Financial from C$78.00 to C$79.00 in a research note on Friday, May 8th. Raymond James Financial reduced their price objective on Definity Financial from C$74.00 to C$72.00 and set a "market perform" rating for the company in a research note on Friday, February 13th. Desjardins cut their target price on Definity Financial from C$75.00 to C$73.00 and set a "hold" rating on the stock in a research report on Monday, April 27th. Finally, TD lifted their target price on Definity Financial from C$85.00 to C$86.00 and gave the company a "buy" rating in a research report on Friday, May 8th. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of C$79.91.
Get Our Latest Stock Analysis on DFY
About Definity Financial
(
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Definity Financial Corp is a multi-channel, property, and casualty insurance company. It offers auto, property, liability, and pet insurance products to individual customers.
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