Michael Anthony Wallace Sells 10 Shares of Fairfax Financial Holdings Limited (TSE:FFH) Stock

Fairfax Financial Holdings Limited (TSE:FFH) Senior Officer Michael Anthony Wallace sold 10 shares of the stock in a transaction on Monday, November 4th. The stock was sold at an average price of C$1,854.09, for a total value of C$18,540.90. Following the completion of the transaction, the insider now owns 227 shares of the company’s stock, valued at C$420,878.43. The trade was a 0.00 % decrease in their position.

Fairfax Financial Trading Up 0.4 %

Shares of Fairfax Financial stock traded up C$6.56 during trading hours on Friday, reaching C$1,827.99. The stock had a trading volume of 22,802 shares, compared to its average volume of 54,128. The firm has a market capitalization of C$42.61 billion, a price-to-earnings ratio of 8.12, a P/E/G ratio of 0.27 and a beta of 0.83. Fairfax Financial Holdings Limited has a 1 year low of C$1,171.70 and a 1 year high of C$1,890.36. 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 50 day simple moving average of C$1,696.45 and a two-hundred day simple moving average of C$1,594.71.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on FFH shares. National Bankshares increased their price target on shares of Fairfax Financial from C$2,100.00 to C$2,200.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Scotiabank lifted their price target on shares of Fairfax Financial from C$2,100.00 to C$2,200.00 in a research report on Monday. BMO Capital Markets raised their price objective on Fairfax Financial from C$1,850.00 to C$2,200.00 in a research note on Monday. Royal Bank of Canada boosted their target price on Fairfax Financial from C$1,325.00 to C$1,425.00 and gave the stock an “outperform” rating in a research report on Thursday, October 3rd. Finally, Cormark raised their price target on Fairfax Financial from C$1,800.00 to C$2,125.00 in a research report on Monday.

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.