FirstService (TSE:FSV) Director Frederick Reichheld Sells 5,859 Shares of Company Stock

FirstService Co. (TSE:FSV – Get Free Report) (NASDAQ:FSV) Director Frederick Reichheld sold 5,859 shares of the stock in a transaction dated Friday, November 6th. The stock was sold at an average price of C$213.77, for a total transaction of C$1,252,478.43. Following the completion of the sale, the director directly owned 30,141 shares in the company, valued at C$6,443,241.57. This trade represents a 16.28% decrease in their ownership of the stock.

Frederick Reichheld also recently made the following trade(s):

  • On Friday, November 6th, Frederick Reichheld sold 100 shares of FirstService stock. The stock was sold at an average price of C$213.79, for a total value of C$21,379.00.
  • On Friday, November 6th, Frederick Reichheld sold 41 shares of FirstService stock. The stock was sold at an average price of C$213.86, for a total value of C$8,768.26.

FirstService Trading Up 2.4%

Shares of FSV traded up C$5.17 during trading hours on Monday, reaching C$221.25. 67,867 shares of the company traded hands, compared to its average volume of 152,391. The firm has a market cap of C$9.66 billion, a price-to-earnings ratio of 67.87, a PEG ratio of 107.75 and a beta of 0.94. FirstService Co. has a 12-month low of C$169.60 and a 12-month high of C$227.94. The stock’s fifty day moving average price is C$191.87 and its 200 day moving average price is C$197.37. The company has a current ratio of 1.69, a quick ratio of 1.25 and a debt-to-equity ratio of 198.75.

FirstService (TSE:FSV – Get Free Report) (NASDAQ:FSV) last released its quarterly earnings data on Thursday, October 22nd. The company reported C$2.69 earnings per share (EPS) for the quarter. The company had revenue of C$2.18 billion during the quarter. FirstService had a net margin of 2.60% and a return on equity of 11.83%. Sell-side analysts forecast that FirstService Co. will post 7.52 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Raymond James Financial dropped their price target on FirstService from C$215.00 to C$190.00 and set an “outperform” rating on the stock in a research report on Friday, July 24th. TD lowered their price target on shares of FirstService from C$207.00 to C$195.00 and set a “buy” rating for the company in a research report on Friday, July 24th. Three analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, FirstService has a consensus rating of “Buy” and an average price target of C$200.67.

Check Out Our Latest Report on FirstService

FirstService Company Profile

(Get Free Report)

FirstService Residential is simplifying property management. Its hospitality-minded teams serve residential communities across the United States and Canada. The organization partners with boards, owners, and developers to enhance the value of every property and the life of every resident. Leveraging unique expertise and scale, FirstService serves its clients with proven solutions and a service-first philosophy. Residents can count on 24/7 customer care and tailored lifestyle programming, amenity activation, and technology for their community’s specific needs.

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Insider Buying and Selling by Quarter for FirstService (TSE:FSV)

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