Lars Olesen Sells 13,000 Shares of Pason Systems (TSE:PSI) Stock

Posted by Stanley Muller on Aug 19th, 2026

Pason Systems Inc. (TSE:PSI – Get Free Report) insider Lars Olesen sold 13,000 shares of Pason Systems stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of C$14.60, for a total value of C$189,800.00. Following the completion of the sale, the insider owned 8,800 shares of the company’s stock, valued at C$128,480. The trade was a 59.63% decrease in their ownership of the stock.

Pason Systems Trading Down 2.8%

Shares of TSE:PSI opened at C$14.14 on Wednesday. The stock’s 50-day simple moving average is C$12.92 and its two-hundred day simple moving average is C$13.19. The stock has a market capitalization of C$1.10 billion, a price-to-earnings ratio of 22.81, a PEG ratio of 10.78 and a beta of 0.43. Pason Systems Inc. has a 52-week low of C$11.10 and a 52-week high of C$15.47. The company has a debt-to-equity ratio of 5.51, a quick ratio of 3.54 and a current ratio of 2.29.

Pason Systems (TSE:PSI – Get Free Report) last issued its quarterly earnings results on Tuesday, August 11th. The company reported C$0.18 earnings per share for the quarter. The business had revenue of C$100.78 million for the quarter. Pason Systems had a net margin of 11.53% and a return on equity of 9.71%. Analysts expect that Pason Systems Inc. will post 1.229765 EPS for the current year.

Pason Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 30th were paid a $0.13 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $0.52 dividend on an annualized basis and a yield of 3.7%. Pason Systems’s payout ratio is presently 83.87%.

Key Headlines Impacting Pason Systems

Here are the key news stories impacting Pason Systems this week:

Positive Sentiment: Royal Bank of Canada raised its price target to C$17 and reiterated an “outperform” rating. The analyst consensus remains “Moderate Buy,” with an average target of C$15.83, implying potential upside from recent trading levels.
Positive Sentiment: Pason’s quarterly results included C$0.18 in EPS and C$100.78 million in revenue. The company also pays a quarterly dividend of C$0.13, equivalent to an annualized C$0.52 and an approximately 3.6% yield.
Neutral Sentiment: TD previously lowered its price target from C$18 to C$15 and assigned a “hold” rating, highlighting a more cautious view despite the broader analyst consensus. Pason Systems insider trading and analyst information
Negative Sentiment: Five insiders collectively sold approximately 92,691 shares of Pason Systems for about C$1.35 million on August 13–14. The transactions substantially reduced several executives’ holdings and may weigh on investor sentiment, particularly because the sales occurred near the stock’s 12-month high.
Negative Sentiment: Jonathan Faber sold 45,000 shares, cutting his position by 51.72%; Bryce Mclean sold 19,477 shares across two transactions; Lars Olesen sold 13,000 shares; Russell Smith sold 6,500 shares; and Kevin Boston sold 8,714 shares across two transactions. While insider sales can reflect personal liquidity or diversification rather than deteriorating business conditions, their concentration is the clearest negative catalyst in the recent news flow. Kevin Boston sells Pason Systems shares

Wall Street Analyst Weigh In

PSI has been the topic of a number of recent analyst reports. TD reduced their target price on Pason Systems from C$18.00 to C$15.00 and set a “hold” rating on the stock in a research note on Monday, July 13th. TD Securities raised shares of Pason Systems from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th. Finally, Royal Bank Of Canada increased their price target on Pason Systems from C$16.00 to C$17.00 and gave the company an “outperform” rating in a research note on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$15.83.

View Our Latest Stock Report on Pason Systems

Pason Systems Company Profile

(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.