Canaccord Genuity Group Inc (CF) Director Dvaipayan Ghose Sells 10,000 Shares of Stock

Canaccord Genuity Group Inc (TSE:CF) Director Dvaipayan Ghose sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 12th. The stock was sold at an average price of C$7.00, for a total value of C$70,000.00.

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

  • On Thursday, June 14th, Dvaipayan Ghose sold 20,000 shares of Canaccord Genuity Group stock. The stock was sold at an average price of C$7.17, for a total value of C$143,400.00.

Canaccord Genuity Group traded up C$0.02, reaching C$7.16, during trading hours on Thursday, Marketbeat Ratings reports. 438,085 shares of the company were exchanged, compared to its average volume of 263,666. Canaccord Genuity Group Inc has a 12 month low of C$4.08 and a 12 month high of C$7.49.

Canaccord Genuity Group (TSE:CF) last announced its earnings results on Wednesday, June 6th. The financial services provider reported C$0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.22 by C$0.06. The firm had revenue of C$322.08 million during the quarter, compared to analysts’ expectations of C$283.00 million. Canaccord Genuity Group had a return on equity of 23.93% and a net margin of 11.83%.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 3rd. Stockholders of record on Friday, June 22nd will be given a $0.01 dividend. The ex-dividend date is Thursday, June 21st. This represents a $0.04 annualized dividend and a dividend yield of 0.56%.

A number of brokerages have issued reports on CF. TD Securities raised Canaccord Genuity Group from a “hold” rating to a “buy” rating and upped their target price for the stock from C$6.50 to C$8.00 in a research report on Friday, June 8th. Cormark upped their target price on Canaccord Genuity Group from C$8.25 to C$9.00 in a research report on Friday, June 8th.

About Canaccord Genuity Group

Canaccord Genuity Group Inc, an independent and full-service financial services company, provides investment solutions, and brokerage and investment banking services to individual, institutional, corporate, and government clients. It operates in two segments, Canaccord Genuity and Canaccord Genuity Wealth Management.

Insider Buying and Selling by Quarter for Canaccord Genuity Group (TSE:CF)

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