Pason Systems (TSE:PSI) Insider Ryan Van Beurden Sells 15,000 Shares of Stock

Posted by Brian Himes on May 29th, 2026

Pason Systems Inc. (TSE:PSI – Get Free Report) insider Ryan Van Beurden sold 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of C$14.49, for a total value of C$217,350.00. Following the sale, the insider directly owned 11,000 shares of the company’s stock, valued at C$159,390. This represents a 57.69% decrease in their position.

Pason Systems Trading Down 0.5%

TSE PSI opened at C$14.32 on Friday. The business has a 50 day simple moving average of C$13.62 and a 200 day simple moving average of C$12.76. The stock has a market capitalization of C$1.11 billion, a P/E ratio of 23.87, a P/E/G ratio of 10.78 and a beta of 0.41. The company has a debt-to-equity ratio of 5.79, a current ratio of 2.11 and a quick ratio of 3.54. Pason Systems Inc. has a one year low of C$11.09 and a one year high of C$15.47.

Pason Systems (TSE:PSI – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported C$0.17 earnings per share (EPS) for the quarter. The business had revenue of C$102.44 million for the quarter. Pason Systems had a return on equity of 9.49% and a net margin of 11.31%. Research analysts expect that Pason Systems Inc. will post 1.229765 earnings per share for the current year.

Pason Systems Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 31st were issued a $0.13 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $0.52 annualized dividend and a yield of 3.6%. Pason Systems’s dividend payout ratio is presently 86.67%.

Analysts Set New Price Targets

PSI has been the topic of several recent research reports. TD upgraded Pason Systems from a “hold” rating to a “buy” rating and increased their price target for the stock from C$13.00 to C$18.00 in a report on Tuesday, May 5th. TD Securities upgraded Pason Systems from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of C$15.13.

Get Our Latest Analysis on PSI

About Pason Systems

(Get Free Report)

Pason Systems Inc is an oilfield specialist with fully integrated drilling data solutions. A host of products allow customers to collect, manage, report, and analyze drilling data for performance optimization and cost control. The electronic drilling recorder is the company’s primary product, and provides a complete system of drilling data acquisition, data networking, drilling management tools, and reports at both the wellsite and customer office. Other product offerings include wellbore detection solutions, wellsite communications and bandwidth, wellbore gas analyzers, and software for data management.