Russell Smith Sells 6,500 Shares of Pason Systems (TSE:PSI) Stock

Posted by George Bondi on Aug 19th, 2026

Pason Systems Inc. (TSE:PSI – Get Free Report) insider Russell Smith sold 6,500 shares of the business’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of C$14.70, for a total transaction of C$95,550.00. Following the sale, the insider directly owned 7,500 shares in the company, valued at C$110,250. The trade was a 46.43% decrease in their position.

Pason Systems Trading Down 2.8%

TSE:PSI opened at C$14.14 on Wednesday. Pason Systems Inc. has a 1 year low of C$11.10 and a 1 year high of C$15.47. The stock’s fifty day moving average price is C$12.92 and its two-hundred day moving average price is C$13.19. The company has a debt-to-equity ratio of 5.51, a current ratio of 2.29 and a quick ratio of 3.54. The company has a market cap of C$1.10 billion, a P/E ratio of 22.81, a P/E/G ratio of 10.78 and a beta of 0.43.

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

Pason Systems Dividend Announcement

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

More Pason Systems News

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

Analyst Ratings Changes

A number of research firms have recently commented on PSI. TD Securities upgraded shares of Pason Systems from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th. Royal Bank Of Canada upped their target price on shares of Pason Systems from C$16.00 to C$17.00 and gave the stock an “outperform” rating in a report on Wednesday, August 12th. Finally, TD lowered their target price on shares of 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. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Pason Systems currently has a consensus rating of “Moderate Buy” and a consensus target price of C$15.83.

Check Out Our Latest Stock Report 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.