Insider Selling: FirstService Co. (TSE:FSV) Director Sells 4,000 Shares of Stock

FirstService Co. (TSE:FSV) (NASDAQ:FSV) Director D. Scott Patterson sold 4,000 shares of the company’s stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of C$249.92, for a total transaction of C$999,680.00.

FirstService Stock Performance

FirstService stock opened at C$248.65 on Friday. The company has a current ratio of 1.81, a quick ratio of 1.25 and a debt-to-equity ratio of 136.54. FirstService Co. has a 1 year low of C$193.77 and a 1 year high of C$278.19. The company has a market cap of C$7.88 billion, a PE ratio of 72.75, a PEG ratio of 107.75 and a beta of 0.96. The company’s 50-day moving average is C$260.68 and its two-hundred day moving average is C$253.04.

Analysts Set New Price Targets

Separately, TD Securities upped their target price on shares of FirstService from C$182.00 to C$194.00 and gave the company a “hold” rating in a research report on Monday, October 28th.

FirstService Company Profile

FirstService Corp operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high-, medium-, and low-rise condominiums and co-operatives, and generates most of the company’s revenue.