Insider Selling: Sagicor Financial Company Ltd. (TSE:SFC) Director Sells 183,400 Shares of Stock

Sagicor Financial Company Ltd. (TSE:SFC) Director Dodridge Denton Miller sold 183,400 shares of the firm’s stock in a transaction on Monday, March 24th. The shares were sold at an average price of C$7.85, for a total transaction of C$1,439,745.02.

Dodridge Denton Miller also recently made the following trade(s):

• On Wednesday, March 26th, Dodridge Denton Miller sold 50,000 shares of Sagicor Financial stock. The shares were sold at an average price of C$7.86, for a total value of C$392,940.00.

Sagicor Financial Price Performance

Shares of SFC stock opened at C$7.89 on Friday. The business has a 50-day moving average of C$7.50 and a 200 day moving average of C$6.61. The stock has a market capitalization of C$751.00 million, a PE ratio of 1.50 and a beta of 0.20. Sagicor Financial Company Ltd. has a 1-year low of C$5.40 and a 1-year high of C$8.40.

Analyst Ratings Changes

SFC has been the subject of a number of research reports. National Bankshares upped their price objective on Sagicor Financial from C$9.50 to C$11.00 and gave the stock an “outperform” rating in a report on Monday, March 17th. Royal Bank of Canada cut their target price on Sagicor Financial from C$9.00 to C$8.50 and set an “outperform” rating for the company in a research note on Monday, March 17th. Acumen Capital boosted their price objective on shares of Sagicor Financial from C$10.25 to C$11.00 and gave the stock a “buy” rating in a report on Monday, March 17th. Finally, Scotiabank increased their target price on shares of Sagicor Financial from C$10.00 to C$12.00 and gave the company an “outperform” rating in a report on Monday, March 17th.

About Sagicor Financial

Sagicor Financial Company Ltd., together with its subsidiaries, provides insurance products and related financial services in Jamaica, Barbados, Trinidad, Tobago, other Caribbean region, and the United States. It operates through three segments: Sagicor Jamaica, Sagicor Life, and Sagicor Life USA. The company offers life and health insurance products; employee benefits, including group health and group life benefits; and annuities, asset management, and property and casualty insurance.