iA Financial (TSE:IAG) Insider Buys C$151,820.00 in Stock

Key Points

  • iA Financial insider Ric Jobin purchased 1,000 shares at C$151.82 each (C$151,820 total), increasing his direct holdings to 1,941 shares — a 106.27% rise.
  • The stock opened at C$149.20, has a 52‑week range of C$115.21–C$182.99 and a market cap of C$13.75B; iA reported quarterly EPS of C$3.10 on C$3.23B revenue, with a ROE of 13.62% and a net margin of 10.11%.
  • Analysts carry a consensus "Hold" rating (one Buy, six Holds) with a consensus target of C$176.14, and several firms recently trimmed price targets or downgraded the stock.

iA Financial Co. Inc. (TSE:IAG - Get Free Report) insider Ï¿½Ric Jobin purchased 1,000 shares of the company's stock in a transaction on Thursday, February 19th. The shares were bought at an average cost of C$151.82 per share, with a total value of C$151,820.00. Following the transaction, the insider directly owned 1,941 shares of the company's stock, valued at C$294,682.62. This represents a 106.27% increase in their position.

iA Financial Stock Down 1.2%

TSE IAG opened at C$149.20 on Friday. iA Financial Co. Inc. has a fifty-two week low of C$115.21 and a fifty-two week high of C$182.99. The business has a fifty day moving average of C$168.11 and a 200-day moving average of C$163.76. The stock has a market cap of C$13.75 billion, a price-to-earnings ratio of 12.82, a price-to-earnings-growth ratio of 1.26 and a beta of 0.99.

iA Financial (TSE:IAG - Get Free Report) last posted its quarterly earnings data on Tuesday, February 17th. The company reported C$3.10 EPS for the quarter. The business had revenue of C$3.23 billion for the quarter. iA Financial had a return on equity of 13.62% and a net margin of 10.11%. As a group, analysts anticipate that iA Financial Co. Inc. will post 11.6187564 EPS for the current year.

Analysts Set New Price Targets




A number of equities analysts have recently weighed in on IAG shares. Royal Bank Of Canada set a C$167.00 price objective on shares of iA Financial and gave the company a "sector perform" rating in a research report on Monday, January 19th. Scotiabank decreased their target price on shares of iA Financial from C$188.00 to C$174.00 in a research report on Thursday, February 19th. TD Securities lowered their target price on shares of iA Financial from C$192.00 to C$189.00 and set a "buy" rating for the company in a research note on Wednesday, February 18th. Canadian Imperial Bank of Commerce downgraded iA Financial from a "strong-buy" rating to a "hold" rating in a report on Thursday, January 8th. Finally, BMO Capital Markets decreased their price objective on iA Financial from C$185.00 to C$175.00 in a report on Thursday, February 19th. One investment analyst has rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of C$176.14.

View Our Latest Stock Analysis on IAG

About iA Financial

(Get Free Report)

iA Financial Corp Inc is a life and health insurance company. It offers life and health insurance products, savings and retirement plans, mutual funds, securities, auto and home insurance, mortgages, and others. The company operates and manages its activities according to five main reportable operating segments Individual Insurance, Individual Wealth Management, Group Insurance, Group Savings and Retirement, and US Operations.

Further Reading

Insider Buying and Selling by Quarter for iA Financial (TSE:IAG)

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