Fairfax Financial Holdings Limited (TSE:FFH) Senior Officer Sells C$270,940.49 in Stock

Fairfax Financial Holdings Limited (TSE:FFH) Senior Officer Olivier Elie Quesnel sold 173 shares of the firm’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of C$1,566.13, for a total transaction of C$270,940.49. Following the completion of the transaction, the insider now owns 202 shares in the company, valued at approximately C$316,358.26.

Fairfax Financial Stock Down 0.4 %

Shares of FFH stock traded down C$7.08 during mid-day trading on Tuesday, reaching C$1,677.90. 4,860 shares of the company were exchanged, compared to its average volume of 57,397. Fairfax Financial Holdings Limited has a fifty-two week low of C$1,070.00 and a fifty-two week high of C$1,699.91. The company has a debt-to-equity ratio of 40.13, a quick ratio of 0.93 and a current ratio of 3.75. The company has a market capitalization of C$35.96 billion, a P/E ratio of 7.65, a P/E/G ratio of 0.27 and a beta of 0.83. The business’s 50 day simple moving average is C$1,580.81 and its 200 day simple moving average is C$1,539.43.

Fairfax Financial (TSE:FFH) last released its quarterly earnings results on Thursday, August 1st. The company reported C$50.87 earnings per share for the quarter, missing analysts’ consensus estimates of C$51.23 by C($0.36). Fairfax Financial had a return on equity of 17.91% and a net margin of 12.27%. The company had revenue of C$10.25 billion for the quarter. Research analysts predict that Fairfax Financial Holdings Limited will post 208.2727273 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Scotiabank increased their price objective on shares of Fairfax Financial from C$1,950.00 to C$2,000.00 in a research report on Wednesday, July 24th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of C$1,829.17.

Fairfax Financial Company Profile

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.