Intertape Polymer Group (TSE:ITP) insider Jeffrey Crystal bought 9,500 shares of the business’s stock in a transaction on Thursday, September 21st. The shares were purchased at an average cost of C$18.54 per share, with a total value of C$176,130.00.

Jeffrey Crystal also recently made the following trade(s):

  • On Friday, September 22nd, Jeffrey Crystal bought 3,200 shares of Intertape Polymer Group stock. The shares were purchased at an average cost of C$18.50 per share, with a total value of C$59,200.00.

Intertape Polymer Group (TSE ITP) opened at 18.23 on Thursday. The stock’s 50 day moving average is $20.22 and its 200-day moving average is $22.87. Intertape Polymer Group has a 12 month low of $18.22 and a 12 month high of $25.74. The firm has a market cap of $1.08 billion and a price-to-earnings ratio of 20.95.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date is Thursday, September 14th. This is an increase from Intertape Polymer Group’s previous quarterly dividend of $0.12.

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A number of research analysts have weighed in on ITP shares. Royal Bank Of Canada boosted their target price on shares of Intertape Polymer Group from C$28.00 to C$29.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 13th. Scotiabank lowered shares of Intertape Polymer Group from a “focus stock” rating to an “outperform” rating and cut their target price for the stock from C$29.00 to C$26.00 in a research report on Monday, August 14th. Finally, TD Securities cut their target price on shares of Intertape Polymer Group from C$28.00 to C$26.00 in a research report on Monday, August 14th.

About Intertape Polymer Group

Intertape Polymer Group Inc operates in the specialty packaging industry. The Company develops, manufactures and sells a range of paper and film-based pressure sensitive and water activated tapes, polyethylene and specialized polyolefin packaging films, woven coated fabrics and complementary packaging systems for industrial and retail use.

Insider Buying and Selling by Quarter for Intertape Polymer Group (TSE:ITP)

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