Insider Buying: Altus Group Limited (TSE:AIF) Director Acquires 7,286 Shares of Stock

Posted by Ed Jones on Dec 14th, 2024

Altus Group Limited (TSE:AIF – Get Free Report) Director William Brennan bought 7,286 shares of the stock in a transaction on Tuesday, December 10th. The stock was purchased at an average cost of C$57.24 per share, with a total value of C$417,050.64.

William Brennan also recently made the following trade(s):

On Thursday, December 12th, William Brennan purchased 171 shares of Altus Group stock. The stock was purchased at an average cost of C$57.50 per share, with a total value of C$9,832.50.
On Monday, November 25th, William Brennan acquired 43 shares of Altus Group stock. The shares were acquired at an average cost of C$57.66 per share, for a total transaction of C$2,479.38.
On Wednesday, November 20th, William Brennan bought 1,738 shares of Altus Group stock. The stock was acquired at an average cost of C$57.30 per share, with a total value of C$99,587.40.
On Monday, November 18th, William Brennan purchased 11,144 shares of Altus Group stock. The shares were acquired at an average cost of C$56.01 per share, for a total transaction of C$624,175.44.
On Thursday, November 14th, William Brennan acquired 11,744 shares of Altus Group stock. The stock was acquired at an average price of C$57.30 per share, with a total value of C$672,931.20.
On Tuesday, November 12th, William Brennan bought 15,320 shares of Altus Group stock. The shares were bought at an average price of C$57.35 per share, for a total transaction of C$878,602.00.
On Thursday, September 26th, William Brennan sold 18,551 shares of Altus Group stock. The shares were sold at an average price of C$55.32, for a total transaction of C$1,026,241.32.
On Tuesday, September 24th, William Brennan acquired 500 shares of Altus Group stock. The shares were bought at an average cost of C$54.48 per share, with a total value of C$27,240.00.

Altus Group Price Performance

Shares of TSE AIF opened at C$57.02 on Friday. The company has a debt-to-equity ratio of 57.13, a current ratio of 1.41 and a quick ratio of 1.30. The business has a 50-day moving average of C$55.97 and a 200-day moving average of C$53.40. The stock has a market capitalization of C$2.63 billion, a price-to-earnings ratio of 950.33, a PEG ratio of 0.96 and a beta of 0.82. Altus Group Limited has a fifty-two week low of C$40.01 and a fifty-two week high of C$61.09.

Altus Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.60 dividend on an annualized basis and a yield of 1.05%. Altus Group’s dividend payout ratio is 1,000.00%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. National Bankshares upped their target price on shares of Altus Group from C$50.00 to C$55.00 in a research note on Thursday, September 19th. Royal Bank of Canada upped their price objective on Altus Group from C$55.00 to C$56.00 in a research report on Friday, November 8th. Finally, CIBC dropped their target price on Altus Group from C$53.00 to C$52.00 in a research report on Friday, November 8th. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of C$56.22.

Check Out Our Latest Stock Analysis on AIF

About Altus Group

(Get Free Report)

Altus Group Limited provides asset and funds intelligence solutions for commercial real estate (CRE). The company operates through Analytics, Property Tax, and Appraisals and Development Advisory segments. The Analytics segment portfolio includes software, data analytics, market data, and consulting services; CRE asset and fund management services; ARGUS-branded, finance active-branded debt management, and valuation management solutions; technology consulting services, such as strategic advisory for front-to-back-office strategies, processes, and technology; and software services related to education, training, and implementation.