Fairfax Financial Holdings Limited (TSE:FFH) Senior Officer Peter Clarke Sells 2,000 Shares of Stock

Fairfax Financial Holdings Limited (TSE:FFH) Senior Officer Peter Clarke sold 2,000 shares of Fairfax Financial stock in a transaction that occurred on Wednesday, September 25th. The shares were sold at an average price of C$1,646.93, for a total value of C$3,293,860.00. Following the sale, the insider now owns 632 shares in the company, valued at C$1,040,859.76.

Fairfax Financial Stock Up 1.4 %

TSE:FFH opened at C$1,707.67 on Tuesday. The firm has a 50-day simple moving average of C$1,599.52 and a two-hundred day simple moving average of C$1,552.97. The firm has a market cap of C$36.60 billion, a P/E ratio of 7.70, a P/E/G ratio of 0.27 and a beta of 0.83. Fairfax Financial Holdings Limited has a fifty-two week low of C$1,070.00 and a fifty-two week high of C$1,711.40. The company has a debt-to-equity ratio of 40.13, a quick ratio of 0.93 and a current ratio of 3.75.

Fairfax Financial (TSE:FFH) last announced 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 firm had revenue of C$10.25 billion during the quarter. Analysts predict that Fairfax Financial Holdings Limited will post 208.8998764 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Scotiabank upped their target price on shares of 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 MarketBeat, Fairfax Financial has an average 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.