Insider Selling: Altus Group Limited (TSE:AIF) Director Sells C$618,267.50 in Stock

Posted by Jessica Moore on Jan 3rd, 2025

Altus Group Limited (TSE:AIF – Get Free Report) Director William Brennan sold 11,150 shares of the stock in a transaction on Monday, December 30th. The shares were sold at an average price of C$55.45, for a total value of C$618,267.50.

William Brennan also recently made the following trade(s):

On Monday, December 23rd, William Brennan bought 300 shares of Altus Group stock. The stock was purchased at an average price of C$55.70 per share, with a total value of C$16,710.00.
On Tuesday, December 17th, William Brennan purchased 1,227 shares of Altus Group stock. The shares were purchased at an average cost of C$56.43 per share, for a total transaction of C$69,239.61.
On Thursday, December 12th, William Brennan acquired 171 shares of Altus Group stock. The stock was purchased at an average cost of C$57.50 per share, with a total value of C$9,832.50.
On Tuesday, December 10th, William Brennan bought 7,286 shares of Altus Group stock. The shares were purchased at an average cost of C$57.24 per share, for a total transaction of C$417,050.64.
On Monday, November 25th, William Brennan bought 43 shares of Altus Group stock. The stock was acquired at an average cost of C$57.66 per share, with a total value of C$2,479.38.
On Wednesday, November 20th, William Brennan purchased 1,738 shares of Altus Group stock. The shares were acquired at an average price of C$57.30 per share, for a total transaction of C$99,587.40.
On Monday, November 18th, William Brennan acquired 11,144 shares of Altus Group stock. The stock was acquired at an average price of C$56.01 per share, with a total value of C$624,175.44.
On Thursday, November 14th, William Brennan bought 11,744 shares of Altus Group stock. The shares were acquired at an average price of C$57.30 per share, for a total transaction of C$672,931.20.
On Tuesday, November 12th, William Brennan acquired 15,320 shares of Altus Group stock. The shares were bought at an average price of C$57.35 per share, with a total value of C$878,602.00.

Altus Group Stock Down 0.8 %

AIF stock opened at C$55.58 on Friday. The stock has a 50-day simple moving average of C$56.58 and a two-hundred day simple moving average of C$54.21. Altus Group Limited has a twelve month low of C$40.01 and a twelve month high of C$61.09. The firm has a market capitalization of C$2.56 billion, a PE ratio of 926.33, a PEG ratio of 0.96 and a beta of 0.82. The company has a quick ratio of 1.30, a current ratio of 1.41 and a debt-to-equity ratio of 57.13.

Altus Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a dividend of $0.15 per share. The ex-dividend date is Tuesday, December 31st. This represents a $0.60 annualized dividend and a yield of 1.08%. Altus Group’s dividend payout ratio is currently 1,000.00%.

Analyst Ratings Changes

A number of research firms have issued reports on AIF. Royal Bank of Canada raised their target price on Altus Group from C$55.00 to C$56.00 in a research report on Friday, November 8th. National Bankshares lifted their price objective on Altus Group from C$50.00 to C$55.00 in a report on Thursday, September 19th. Finally, CIBC upped their price objective on shares of Altus Group from C$52.00 to C$60.00 and gave the company a “neutral” rating in a report on Thursday, December 19th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of C$57.11.

Get Our Latest Stock Analysis on Altus Group

About Altus Group

(Get Free Report)

Altus Group Limited provides asset and funds intelligence solutions for commercial real estate (CRE). The company operates through Analytics, Property Tax, and Appraisals and Development Advisory segments. The Analytics segment portfolio includes software, data analytics, market data, and consulting services; CRE asset and fund management services; ARGUS-branded, finance active-branded debt management, and valuation management solutions; technology consulting services, such as strategic advisory for front-to-back-office strategies, processes, and technology; and software services related to education, training, and implementation.