Key Points
- Director Andre Guy Mousseau bought 2,000 shares of Sagicor Financial at C$8.00 each, a C$16,000 purchase that raised his direct holding to 89,000 shares.
- This was not his only recent buy; he also purchased 2,000 shares on May 27 at an average price of C$8.30, indicating repeated insider buying.
- Sagicor Financial shares were up 0.7% and the stock has a consensus Buy rating from analysts, with an average price target of C$11.33.
Sagicor Financial Company Ltd. (TSE:SFC - Get Free Report) Director Andre Guy Mousseau purchased 2,000 shares of Sagicor Financial stock in a transaction dated Wednesday, June 3rd. The stock was bought at an average price of C$8.00 per share, with a total value of C$16,000.00. Following the acquisition, the director directly owned 89,000 shares of the company's stock, valued at approximately C$712,000. This trade represents a 2.30% increase in their ownership of the stock.
Andre Guy Mousseau also recently made the following trade(s):
- On Wednesday, May 27th, Andre Guy Mousseau purchased 2,000 shares of Sagicor Financial stock. The stock was bought at an average price of C$8.30 per share, with a total value of C$16,600.00.
Sagicor Financial Stock Up 0.7%
Sagicor Financial stock opened at C$8.13 on Tuesday. The stock has a market capitalization of C$1.11 billion, a PE ratio of 46.19 and a beta of -0.11. Sagicor Financial Company Ltd. has a twelve month low of C$7.21 and a twelve month high of C$10.53. The company has a 50 day moving average of C$9.02 and a 200-day moving average of C$9.18.
Sagicor Financial (TSE:SFC - Get Free Report) last released its quarterly earnings results on Wednesday, May 13th. The company reported C$0.26 earnings per share for the quarter. The company had revenue of C$791.91 million during the quarter. Sagicor Financial had a net margin of 1.16% and a return on equity of 2.58%. Equities analysts anticipate that Sagicor Financial Company Ltd. will post 0.9578783 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Separately, National Bank Financial set a C$13.00 price target on shares of Sagicor Financial and gave the company an "outperform" rating in a report on Friday, April 24th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of C$11.33.
Get Our Latest Analysis on Sagicor Financial
About Sagicor Financial
(
Get Free Report)
Sagicor Financial Company Ltd. (TSX: SFC) is a leading financial services provider with over 185 years of history in the Caribbean, over 90 years of history in Canada, and over 70 years of history in the United States. Sagicor offers a wide range of products and services, including life, health, and general insurance, banking, pensions, annuities, investment management, and real estate. Sagicor's registered office is located at Clarendon House, 2 Church Street, Hamilton, HM 11, Bermuda, with its principal office located at Cecil F De Caires Building, Wildey, St.
Further Reading
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