Insider Selling: Polaris Infrastructure Inc (PIF) Insider Sells 85,000 Shares of Stock
Polaris Infrastructure Inc (TSE:PIF) insider Goodwood Inc. sold 85,000 shares of Polaris Infrastructure stock in a transaction dated Thursday, August 31st. The stock was sold at an average price of C$17.00, for a total transaction of C$1,445,000.00.
Goodwood Inc. also recently made the following trade(s):
- On Thursday, August 17th, Goodwood Inc. bought 1,400 shares of Polaris Infrastructure stock. The shares were bought at an average cost of C$16.50 per share, with a total value of C$23,100.00.
- On Friday, June 30th, Goodwood Inc. sold 400 shares of Polaris Infrastructure stock. The stock was sold at an average price of C$17.07, for a total transaction of C$6,828.00.
- On Tuesday, July 4th, Goodwood Inc. sold 100 shares of Polaris Infrastructure stock. The stock was sold at an average price of C$17.14, for a total transaction of C$1,714.00.
- On Wednesday, July 5th, Goodwood Inc. sold 300 shares of Polaris Infrastructure stock. The stock was sold at an average price of C$17.05, for a total transaction of C$5,115.00.
Shares of Polaris Infrastructure Inc (TSE:PIF) traded up 0.71% during mid-day trading on Friday, hitting $17.05. 22,380 shares of the company traded hands. Polaris Infrastructure Inc has a one year low of $12.48 and a one year high of $18.59. The firm has a 50-day moving average of $16.68 and a 200-day moving average of $15.84. The stock has a market capitalization of $267.22 million and a price-to-earnings ratio of 1894.44.
The business also recently declared a quarterly dividend, which was paid on Monday, August 28th. Investors of record on Monday, August 28th were given a dividend of $0.14 per share. The ex-dividend date was Tuesday, August 15th. This represents a $0.56 annualized dividend and a yield of 3.28%. This is a positive change from Polaris Infrastructure’s previous quarterly dividend of $0.12.
Separately, Raymond James Financial, Inc. reaffirmed an “outperform” rating and set a C$25.00 target price on shares of Polaris Infrastructure in a report on Thursday, May 4th.
Receive News & Stock Ratings for Polaris Infrastructure Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polaris Infrastructure Inc and related stocks with our FREE daily email newsletter.