Insider Selling: Intact Financial Co. (TSE:IFC) Senior Officer Sells 1,850 Shares of Stock

Intact Financial Co. (TSE:IFC - Get Free Report) Senior Officer Darren Christopher Godfrey sold 1,850 shares of the stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of C$272.50, for a total value of C$504,125.00.

Darren Christopher Godfrey also recently made the following trade(s):

  • On Monday, September 16th, Darren Christopher Godfrey sold 2,000 shares of Intact Financial stock. The stock was sold at an average price of C$255.00, for a total value of C$510,000.00.

Intact Financial Stock Performance

TSE IFC opened at C$269.32 on Thursday. The company has a debt-to-equity ratio of 31.26, a quick ratio of 0.28 and a current ratio of 0.36. The stock's fifty day moving average is C$266.63 and its two-hundred day moving average is C$250.08. The firm has a market capitalization of C$48.04 billion, a P/E ratio of 23.69, a price-to-earnings-growth ratio of 2.01 and a beta of 0.57. Intact Financial Co. has a fifty-two week low of C$197.82 and a fifty-two week high of C$275.84.

Intact Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be given a dividend of $1.21 per share. The ex-dividend date is Monday, December 16th. This represents a $4.84 annualized dividend and a dividend yield of 1.80%. Intact Financial's payout ratio is 42.61%.

Analyst Ratings Changes


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Several equities research analysts recently commented on the stock. Raymond James boosted their price target on shares of Intact Financial from C$264.00 to C$290.00 in a report on Wednesday, November 6th. National Bankshares boosted their target price on shares of Intact Financial from C$294.00 to C$296.00 in a research note on Wednesday, November 6th. Scotiabank raised their price target on shares of Intact Financial from C$281.00 to C$283.00 in a research note on Thursday, November 7th. BMO Capital Markets boosted their price objective on Intact Financial from C$275.00 to C$290.00 in a research note on Thursday, November 7th. Finally, TD Securities raised their target price on Intact Financial from C$293.00 to C$300.00 in a research report on Wednesday, November 6th. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, Intact Financial has an average rating of "Moderate Buy" and a consensus target price of C$274.90.

Check Out Our Latest Report on Intact Financial

Intact Financial Company Profile

(Get Free Report)

Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada, the United States, the United Kingdom, and internationally. The company offers insurance, such as personal auto which provides coverage from accidents, third party liability, and physical damage; personal property which provides protection for homes and contents from risks, including fire, theft, vandalism, water damages, other damages, and personal liability; and commercial line and specialty line insurance which provides commercial auto, property, and liability coverages.

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Insider Buying and Selling by Quarter for Intact Financial (TSE:IFC)

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