Insider Selling: Pason Systems (TSE:PSI) Insider Sells 8,410 Shares of Stock

Posted by Stanley Muller on May 28th, 2026

Pason Systems Inc. (TSE:PSI – Get Free Report) insider Bryce Mclean sold 8,410 shares of Pason Systems stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of C$14.50, for a total value of C$121,945.00. Following the completion of the sale, the insider directly owned 8,853 shares in the company, valued at approximately C$128,368.50. This represents a 48.72% decrease in their position.

Pason Systems Stock Down 0.4%

Shares of PSI traded down C$0.06 during mid-day trading on Thursday, hitting C$14.33. 222,057 shares of the company’s stock were exchanged, compared to its average volume of 203,209. The company has a market cap of C$1.11 billion, a PE ratio of 23.88, a P/E/G ratio of 10.78 and a beta of 0.41. Pason Systems Inc. has a 52 week low of C$11.09 and a 52 week high of C$15.47. The company has a 50-day simple moving average of C$13.59 and a 200 day simple moving average of C$12.74. 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 (TSE:PSI – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported C$0.17 earnings per share for the quarter. The company had revenue of C$102.44 million during the quarter. Pason Systems had a net margin of 11.31% and a return on equity of 9.49%. On average, research analysts forecast that Pason Systems Inc. will post 1.229765 earnings per share for the current fiscal year.

Pason Systems Dividend Announcement

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

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. TD Securities raised Pason Systems from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 5th. TD raised Pason Systems from a “hold” rating to a “buy” rating and increased their price objective for the company from C$13.00 to C$18.00 in a report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of C$15.13.

View Our Latest Stock Analysis on Pason Systems

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.