Insider Selling: FirstService Co. (TSE:FSV) Senior Officer Sells 5,000 Shares of Stock

Posted by Jessica Moore on Nov 21st, 2024

FirstService Co. (TSE:FSV – Get Free Report) (NASDAQ:FSV) Senior Officer Douglas G. Cooke sold 5,000 shares of the stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of C$262.70, for a total value of C$1,313,500.00.

Douglas G. Cooke also recently made the following trade(s):

On Wednesday, November 13th, Douglas G. Cooke sold 1,600 shares of FirstService stock. The stock was sold at an average price of C$262.75, for a total transaction of C$420,400.00.

FirstService Price Performance

FirstService stock opened at C$263.29 on Thursday. FirstService Co. has a one year low of C$193.77 and a one year high of C$267.26. The company has a debt-to-equity ratio of 105.28, a current ratio of 1.74 and a quick ratio of 1.25. The stock’s 50 day moving average is C$252.57 and its 200 day moving average is C$228.97. The firm has a market cap of C$11.85 billion, a P/E ratio of 108.35, a P/E/G ratio of 107.75 and a beta of 0.96.

FirstService Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, October 7th. Investors of record on Monday, September 30th were issued a dividend of $0.337 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a $1.35 annualized dividend and a yield of 0.51%. FirstService’s dividend payout ratio (DPR) is currently 55.56%.

Analyst Ratings Changes

Separately, TD Securities raised their target price on shares of FirstService from C$182.00 to C$194.00 and gave the company a “hold” rating in a research note on Monday, October 28th.

Check Out Our Latest Research Report on FSV

About FirstService

(Get Free Report)

FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. It operates through two segments: FirstService Residential and FirstService Brands. The FirstService Residential segment offers services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments.