Gildan Activewear Inc (TSE:GIL) (NYSE:GIL) insider Jonathan Roiter sold 12,000 shares of the business’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of C$38.80, for a total transaction of C$465,600.00.

Jonathan Roiter also recently made the following trade(s):

  • On Wednesday, November 15th, Jonathan Roiter sold 3,000 shares of Gildan Activewear stock. The shares were sold at an average price of C$38.25, for a total transaction of C$114,750.00.

Gildan Activewear Inc (TSE:GIL) opened at C$39.86 on Tuesday. Gildan Activewear Inc has a one year low of C$30.97 and a one year high of C$42.18.

The business also recently announced a quarterly dividend, which will be paid on Monday, December 11th. Investors of record on Thursday, November 16th will be paid a $0.121 dividend. The ex-dividend date of this dividend is Wednesday, November 15th. This is a positive change from Gildan Activewear’s previous quarterly dividend of $0.09. This represents a $0.48 dividend on an annualized basis and a yield of 1.21%. Gildan Activewear’s dividend payout ratio is presently 16.75%.

WARNING: This piece was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this piece on another site, it was copied illegally and republished in violation of US and international trademark & copyright laws. The correct version of this piece can be accessed at https://www.thecerbatgem.com/2017/11/21/gildan-activewear-inc-gil-insider-jonathan-roiter-sells-12000-shares.html.

Several equities analysts have recently issued reports on GIL shares. TD Securities lowered shares of Gildan Activewear from a “buy” rating to a “hold” rating and set a C$41.50 price target for the company. in a report on Friday, August 4th. BMO Capital Markets decreased their price target on shares of Gildan Activewear from C$34.00 to C$30.00 and set a “market perform” rating for the company in a report on Friday, November 3rd. Finally, National Bank Financial decreased their price target on shares of Gildan Activewear from C$43.00 to C$40.00 and set an “outperform” rating for the company in a report on Tuesday, August 1st. Seven investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of C$39.58.

Gildan Activewear Company Profile

Gildan Activewear Inc is a manufacturer and marketer of branded basic family apparel, including T-shirts, fleece, sport shirts, underwear, socks, hosiery and shapewear. The Company operates through two segments: Printwear and Branded Apparel. The Printwear segment designs, manufactures, sources, markets, and distributes undecorated activewear products.

Insider Buying and Selling by Quarter for Gildan Activewear (TSE:GIL)

Receive News & Stock Ratings for Gildan Activewear Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gildan Activewear Inc and related stocks with our FREE daily email newsletter.