Insider Selling: FirstService Co. (TSE:FSV) Senior Officer Sells 5,000 Shares of Stock

FirstService Co. (TSE:FSV - Get Free Report) NASDAQ: FSV Senior Officer Douglas G. Cooke sold 5,000 shares of the company's stock in a transaction on Friday, November 15th. The stock was sold at an average price of C$262.70, for a total transaction of C$1,313,500.00.

Douglas G. Cooke also recently made the following trade(s):

• On Wednesday, November 13th, Douglas G. Cooke sold 1,600 shares of FirstService stock. The stock was sold at an average price of C$262.75, for a total transaction of C$420,400.00.

FirstService Trading Down 1.6 %

Shares of FirstService stock traded down C$4.25 during trading on Monday, reaching C$257.85. 92,311 shares of the stock were exchanged, compared to its average volume of 75,134. The company has a quick ratio of 1.25, a current ratio of 1.74 and a debt-to-equity ratio of 105.28. The stock's fifty day moving average is C$251.90 and its 200 day moving average is C$228.39. The firm has a market cap of C$11.61 billion, a price-to-earnings ratio of 107.09, a price-to-earnings-growth ratio of 107.75 and a beta of 0.96. FirstService Co. has a 1 year low of C$193.77 and a 1 year high of C$267.26.

FirstService Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, October 7th. Investors of record on Monday, September 30th were paid a $0.337 dividend. This represents a $1.35 dividend on an annualized basis and a yield of 0.52%. The ex-dividend date was Friday, September 27th. FirstService's payout ratio is currently 55.56%.

Wall Street Analyst Weigh In

Separately, TD Securities increased their target price on FirstService from C$182.00 to C$194.00 and gave the company a "hold" rating in a research note on Monday, October 28th.

About FirstService

FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. It operates through two segments: FirstService Residential and FirstService Brands. The FirstService Residential segment offers services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments.