Industrial Alliance Insur. & Fin. Ser. (TSE:IAG) insider Michel Tremblay acquired 1,000 shares of the firm’s stock in a transaction dated Wednesday, August 23rd. The stock was bought at an average price of C$22.90 per share, with a total value of C$22,900.00.

Michel Tremblay also recently made the following trade(s):

  • On Tuesday, August 22nd, Michel Tremblay acquired 1,500 shares of Industrial Alliance Insur. & Fin. Ser. stock. The stock was bought at an average price of C$22.91 per share, with a total value of C$34,365.00.
  • On Wednesday, August 16th, Michel Tremblay acquired 500 shares of Industrial Alliance Insur. & Fin. Ser. stock. The stock was bought at an average price of C$22.60 per share, with a total value of C$11,300.00.
  • On Tuesday, August 15th, Michel Tremblay acquired 1,000 shares of Industrial Alliance Insur. & Fin. Ser. stock. The stock was bought at an average price of C$22.59 per share, with a total value of C$22,590.00.
  • On Wednesday, August 9th, Michel Tremblay sold 10,000 shares of Industrial Alliance Insur. & Fin. Ser. stock. The shares were sold at an average price of C$56.33, for a total transaction of C$563,300.00.

Shares of Industrial Alliance Insur. & Fin. Ser. (IAG) traded up 0.11% during midday trading on Friday, reaching $53.93. 187,640 shares of the company’s stock traded hands. The firm has a market cap of $5.74 billion and a PE ratio of 10.60. The stock has a 50-day moving average price of $55.98 and a 200 day moving average price of $55.49. Industrial Alliance Insur. & Fin. Ser. has a 12 month low of $45.32 and a 12 month high of $59.41.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, August 25th will be paid a dividend of $0.35 per share. This is a positive change from Industrial Alliance Insur. & Fin. Ser.’s previous quarterly dividend of $0.23. This represents a $1.40 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date of this dividend is Wednesday, August 23rd.

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Several equities research analysts recently issued reports on IAG shares. Royal Bank Of Canada cut their target price on shares of Industrial Alliance Insur. & Fin. Ser. from C$58.00 to C$57.00 and set a “sector perform” rating for the company in a research note on Friday, May 12th. Scotiabank reiterated a “sector perform” rating on shares of Industrial Alliance Insur. & Fin. Ser. in a research note on Thursday, August 3rd. TD Securities upgraded shares of Industrial Alliance Insur. & Fin. Ser. from a “hold” rating to a “buy” rating in a research note on Wednesday, June 14th. Finally, ValuEngine downgraded shares of Industrial Alliance Insur. & Fin. Ser. from a “strong-buy” rating to a “buy” rating in a research note on Thursday, May 11th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. Industrial Alliance Insur. & Fin. Ser. has a consensus rating of “Hold” and a consensus target price of C$59.11.

Industrial Alliance Insur. & Fin. Ser. Company Profile

Insider Buying and Selling by Quarter for Industrial Alliance Insur. & Fin. Ser. (TSE:IAG)

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