Key Points
- Tecsys director David Brereton sold 1,700 shares on July 17 at an average price of C$33.00, totaling C$56,100. After the sale, he still owned 714,572 shares valued at about C$23.58 million.
- The sale follows several recent insider disposals by Brereton in June and July, including multiple smaller transactions at prices ranging from C$31.00 to C$36.48.
- Analysts remain broadly positive on Tecsys, with a consensus “Buy” rating and target price of C$38.70, while the stock recently traded around C$35.00 after the company reported a small quarterly loss but revenue of C$50.05 million.
Tecsys Inc. (TSE:TCS - Get Free Report) Director David Brereton sold 1,700 shares of the firm's stock in a transaction on Friday, July 17th. The stock was sold at an average price of C$33.00, for a total value of C$56,100.00. Following the completion of the transaction, the director owned 714,572 shares of the company's stock, valued at C$23,580,876. This trade represents a 0.24% decrease in their position.
David Brereton also recently made the following trade(s):
- On Friday, July 10th, David Brereton sold 200 shares of Tecsys stock. The shares were sold at an average price of C$34.00, for a total value of C$6,800.00.
- On Friday, July 3rd, David Brereton sold 500 shares of Tecsys stock. The shares were sold at an average price of C$31.00, for a total transaction of C$15,500.00.
- On Friday, June 12th, David Brereton sold 1,000 shares of Tecsys stock. The stock was sold at an average price of C$36.47, for a total transaction of C$36,470.00.
- On Friday, June 12th, David Brereton sold 700 shares of Tecsys stock. The stock was sold at an average price of C$36.48, for a total transaction of C$25,536.00.
- On Friday, June 5th, David Brereton sold 200 shares of Tecsys stock. The shares were sold at an average price of C$35.50, for a total transaction of C$7,100.00.
- On Friday, June 5th, David Brereton sold 300 shares of Tecsys stock. The shares were sold at an average price of C$35.67, for a total transaction of C$10,701.00.
- On Friday, June 5th, David Brereton sold 100 shares of Tecsys stock. The shares were sold at an average price of C$36.12, for a total transaction of C$3,612.00.
Tecsys Price Performance
Shares of TCS opened at C$35.00 on Wednesday. The business's 50-day moving average is C$34.97 and its two-hundred day moving average is C$31.01. The company has a market capitalization of C$505.19 million, a P/E ratio of 129.63 and a beta of 0.84. Tecsys Inc. has a fifty-two week low of C$22.51 and a fifty-two week high of C$39.51. The company has a debt-to-equity ratio of 8.49, a quick ratio of 1.40 and a current ratio of 1.12.
Tecsys (TSE:TCS - Get Free Report) last issued its quarterly earnings data on Monday, June 29th. The company reported C($0.02) earnings per share (EPS) for the quarter. The company had revenue of C$50.05 million during the quarter. Tecsys had a net margin of 2.09% and a return on equity of 5.99%. Research analysts predict that Tecsys Inc. will post 0.4600739 earnings per share for the current year.
Analyst Ratings Changes
A number of research analysts have issued reports on TCS shares. TD set a C$39.00 price target on Tecsys and gave the company a "buy" rating in a report on Wednesday, July 8th. National Bank Financial raised shares of Tecsys from a "sector perform" rating to an "outperform" rating and raised their price objective for the stock from C$40.00 to C$46.00 in a research note on Wednesday, May 27th. Finally, TD Securities raised shares of Tecsys to a "strong-buy" rating in a report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of C$38.70.
Check Out Our Latest Research Report on Tecsys
About Tecsys
(
Get Free Report)
Tecsys is trusted by mission-critical organizations in healthcare and distribution to build resilient, efficient and secure supply chains. A global provider of cloud-based, AI-driven software with deep domain expertise, Tecsys delivers real-time operational visibility and execution across critical workflows when performance and reliability matter most. Tecsys is publicly traded on the Toronto Stock Exchange (TCS). For more information, visit www.tecsys.com.
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