Fairfax Financial Holdings Limited (TSE:FFH) Senior Officer Olivier Elie Quesnel Sells 173 Shares

Fairfax Financial Holdings Limited (TSE:FFH) Senior Officer Olivier Elie Quesnel sold 173 shares of Fairfax Financial stock in a transaction on Thursday, August 15th. The stock was sold at an average price of C$1,566.13, for a total transaction of C$270,940.49. Following the completion of the transaction, the insider now directly owns 202 shares of the company’s stock, valued at approximately C$316,358.26.

Fairfax Financial Stock Performance

Shares of TSE FFH traded down C$7.08 during midday trading on Tuesday, reaching C$1,677.90. 4,860 shares of the company traded hands, compared to its average volume of 57,397. The stock has a 50-day moving average price of C$1,580.81 and a 200 day moving average price of C$1,539.43. The company has a market cap of C$35.96 billion, a price-to-earnings ratio of 7.65, a PEG ratio of 0.27 and a beta of 0.83. Fairfax Financial Holdings Limited has a 52 week low of C$1,070.00 and a 52 week high of C$1,699.91. The company has a debt-to-equity ratio of 40.13, a current ratio of 3.75 and a quick ratio of 0.93.

Fairfax Financial (TSE:FFH) last released its earnings results on Thursday, August 1st. The company reported C$50.87 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$51.23 by C($0.36). The firm had revenue of C$10.25 billion for the quarter. Fairfax Financial had a return on equity of 17.91% and a net margin of 12.27%. Sell-side analysts anticipate that Fairfax Financial Holdings Limited will post 208.2727273 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Scotiabank raised their target price on Fairfax Financial from C$1,950.00 to C$2,000.00 in a research note on Wednesday, July 24th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of C$1,829.17.

Fairfax Financial Company Profile

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.