Insider Selling: Canaccord Genuity Group Inc (CF) Director Sells C$12,500.00 in Stock

Canaccord Genuity Group Inc (TSE:CF) Director Dvaipayan Ghose sold 2,500 shares of Canaccord Genuity Group stock in a transaction on Monday, June 12th. The shares were sold at an average price of C$5.00, for a total transaction of C$12,500.00.

Dvaipayan Ghose also recently made the following trade(s):

  • On Tuesday, June 13th, Dvaipayan Ghose sold 17,500 shares of Canaccord Genuity Group stock. The shares were sold at an average price of C$5.00, for a total transaction of C$87,500.00.

Canaccord Genuity Group Inc (CF) traded up 5.35% during trading on Friday, reaching $5.12. 309,319 shares of the company were exchanged. The stock has a market capitalization of $475.03 million and a PE ratio of 18.96. Canaccord Genuity Group Inc has a 52-week low of $3.53 and a 52-week high of $5.70. The firm’s 50 day moving average is $4.65 and its 200 day moving average is $4.73.

The business also recently announced a quarterly dividend, which will be paid on Monday, July 3rd. Shareholders of record on Monday, July 3rd will be given a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.78%. The ex-dividend date is Wednesday, June 14th.

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A number of equities analysts recently weighed in on CF shares. Scotiabank reiterated a “sector perform” rating on shares of Canaccord Genuity Group in a research report on Thursday, March 30th. TD Securities upgraded shares of Canaccord Genuity Group from a “hold” rating to a “buy” rating and lifted their price objective for the company from C$5.50 to C$6.00 in a research report on Monday, June 5th.

About Canaccord Genuity Group

Canaccord Genuity Group Inc is a Canada-based independent financial services company. The Company has operations in two principal segments of the securities industry: wealth management and capital markets. The Company’s segments include Canaccord Genuity, Canaccord Genuity Wealth Management, and Corporate and Other.

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