Olivier Elie Quesnel Sells 173 Shares of Fairfax Financial Holdings Limited (TSE:FFH) Stock

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

Fairfax Financial Stock Up 0.0 %

Fairfax Financial stock opened at C$1,689.33 on Thursday. Fairfax Financial Holdings Limited has a twelve month low of C$1,070.00 and a twelve month high of C$1,699.91. The stock’s fifty day simple moving average is C$1,585.42 and its 200-day simple moving average is C$1,542.80. The company has a current ratio of 3.75, a quick ratio of 0.93 and a debt-to-equity ratio of 40.13. The firm has a market capitalization of C$36.20 billion, a P/E ratio of 7.64, a P/E/G ratio of 0.27 and a beta of 0.83.

Fairfax Financial (TSE:FFH) last posted its quarterly earnings data on Thursday, August 1st. The company reported C$50.87 earnings per share for the quarter, missing analysts’ consensus estimates of C$51.23 by C($0.36). Fairfax Financial had a return on equity of 17.91% and a net margin of 12.27%. The company had revenue of C$10.25 billion for the quarter. As a group, equities analysts expect that Fairfax Financial Holdings Limited will post 208.2727273 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

About Fairfax Financial

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.