CAE Inc. (TSE:CAE – Get Free Report) (NYSE:CAE) insider Samantha Golinski sold 405 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of C$35.39, for a total transaction of C$14,332.95. Following the transaction, the insider directly owned 6,679 shares of the company’s stock, valued at approximately C$236,369.81. This represents a 5.72% decrease in their position.
Samantha Golinski also recently made the following trade(s):
- On Tuesday, June 9th, Samantha Golinski sold 316 shares of CAE stock. The stock was sold at an average price of C$35.39, for a total transaction of C$11,183.24.
CAE Price Performance
CAE stock traded down C$0.14 during midday trading on Friday, reaching C$35.39. The company had a trading volume of 372,276 shares, compared to its average volume of 961,847. The company has a debt-to-equity ratio of 60.97, a current ratio of 0.96 and a quick ratio of 0.71. CAE Inc. has a 1 year low of C$31.42 and a 1 year high of C$47.65. The company has a market capitalization of C$11.38 billion, a P/E ratio of 36.48, a P/E/G ratio of 1.76 and a beta of 0.59. The firm has a 50-day moving average price of C$35.86 and a 200-day moving average price of C$39.22.
Analyst Ratings Changes
Several research firms have weighed in on CAE. National Bank Financial decreased their price target on shares of CAE from C$53.00 to C$49.00 and set an “outperform” rating on the stock in a research report on Monday, May 25th. BMO Capital Markets decreased their price target on shares of CAE from C$50.00 to C$47.00 and set an “outperform” rating on the stock in a research report on Monday, May 25th. Stifel Nicolaus lowered their price target on shares of CAE from C$50.00 to C$47.00 and set a “buy” rating on the stock in a report on Tuesday, May 26th. Royal Bank Of Canada lowered their price target on shares of CAE from C$42.00 to C$36.00 and set an “outperform” rating on the stock in a report on Monday, May 25th. Finally, Canaccord Genuity Group lifted their price target on shares of CAE from C$49.00 to C$50.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Eleven analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of C$48.91.
Get Our Latest Stock Analysis on CAE
CAE News Roundup
Here are the key news stories impacting CAE this week:
- Negative Sentiment: Multiple CAE insiders, including Andrew Arnovitz, Phillip C. Copeland, Hélène Violaine Gagnon, Samantha Golinski, Pascal Grenier, Mark Hounsell and Alexandre Prevost, sold shares on June 9 at an average price of C$35.39, with several of the sales representing meaningful percentage reductions in their holdings. CAE insider sales report
- Neutral Sentiment: The reported sales were spread across several executives and totaled only modest cash values per transaction, so the market may view them as routine portfolio activity rather than a major shift in outlook. CAE insider sales report
CAE Company Profile
CAE Inc is a global company focused on delivering training for the civil aviation, defense, security, and healthcare markets. Multiple types of simulators and synthetic exercises may be sold to customers to serve as alternatives for live-training experiences. The company’s training solutions are provided through products and services. CAE has many different training locations where clients can be trained and educated through a series of programs. Additionally, part of the revenues come from supplying aviation personnel on a lease, along with providing aviation support organizations.
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