DHX Media Ltd. (DHX) Director Purchases C$16,300.00 in Stock

DHX Media Ltd. (TSE:DHX) Director Jonathan Whitcher purchased 10,000 shares of the stock in a transaction that occurred on Friday, October 12th. The shares were purchased at an average price of C$1.63 per share, for a total transaction of C$16,300.00.

Jonathan Whitcher also recently made the following trade(s):

  • On Wednesday, October 3rd, Jonathan Whitcher purchased 20,000 shares of DHX Media stock. The shares were purchased at an average price of C$1.59 per share, for a total transaction of C$31,800.00.

DHX traded down C$0.06 on Friday, hitting C$2.09. 1,278,955 shares of the stock traded hands, compared to its average volume of 1,001,789. DHX Media Ltd. has a 52 week low of C$1.09 and a 52 week high of C$3.52.

Several brokerages recently issued reports on DHX. TD Securities boosted their price target on DHX Media from C$1.30 to C$1.50 and gave the company a “hold” rating in a research note on Wednesday, September 26th. BMO Capital Markets lowered their price target on DHX Media from C$2.50 to C$1.50 in a research note on Wednesday, September 26th. CIBC lowered their price target on DHX Media from C$3.00 to C$2.00 in a research note on Wednesday, September 26th. Cormark boosted their price target on DHX Media from C$1.50 to C$1.80 in a research note on Wednesday, September 26th. Finally, Echelon Wealth Partners lowered DHX Media from a “buy” rating to a “speculative buy” rating and lowered their price target for the company from C$5.75 to C$3.75 in a research note on Friday, September 14th.

About DHX Media

DHX Media Ltd. develops, produces, distributes, broadcasts, and licenses television and film programs for conventional and specialty terrestrial and cable/satellite television broadcasters worldwide. It operates through three segments: Content Business, DHX Television Ltd., and Copyright Promotions Licensing Group.

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