Insider Selling: Fiera Capital Co. (TSE:FSZ) Senior Officer Sells 36,500 Shares of Stock

Fiera Capital Co. (TSE:FSZ) Senior Officer John Valentini sold 36,500 shares of the stock in a transaction on Thursday, September 26th. The shares were sold at an average price of C$8.03, for a total value of C$293,014.70.

John Valentini also recently made the following trade(s):

• On Tuesday, September 24th, John Valentini sold 10,400 shares of Fiera Capital stock. The stock was sold at an average price of C$7.90, for a total transaction of C$82,164.16.
• On Thursday, September 12th, John Valentini sold 122,500 shares of Fiera Capital stock. The shares were sold at an average price of C$7.46, for a total value of C$913,347.75.

Fiera Capital Stock Performance

Shares of TSE:FSZ opened at C$8.27 on Monday. Fiera Capital Co. has a fifty-two week low of C$4.32 and a fifty-two week high of C$9.01. The company has a debt-to-equity ratio of 259.56, a current ratio of 1.39 and a quick ratio of 1.05. The business’s fifty day moving average price is C$7.83 and its two-hundred day moving average price is C$7.64. The stock has a market capitalization of C$725.69 million, a price-to-earnings ratio of 15.31, a price-to-earnings-growth ratio of -0.87 and a beta of 1.63.

Fiera Capital (TSE:FSZ) last announced its earnings results on Wednesday, August 7th. The company reported C$0.23 EPS for the quarter, topping the consensus estimate of C$0.19 by C$0.04. The business had revenue of C$164.79 million for the quarter, compared to the consensus estimate of C$160.80 million. Fiera Capital had a return on equity of 22.95% and a net margin of 8.97%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. National Bank Financial downgraded shares of Fiera Capital from a “hold” rating to a “strong sell” rating in a research report on Sunday, July 28th. National Bankshares lowered Fiera Capital from a “sector perform” rating to an “underperform” rating and increased their price objective for the company from C$7.00 to C$8.00 in a report on Monday, July 29th. TD Securities dropped their target price on shares of Fiera Capital from C$8.00 to C$7.50 in a report on Thursday, August 8th. Scotiabank upped their price target on Fiera Capital from C$8.50 to C$9.00 in a report on Wednesday, July 24th. Finally, CIBC cut their price objective on shares of Fiera Capital from C$9.00 to C$8.00 in a research report on Thursday, August 8th. Two investment analysts have rated the stock with a sell rating and six have given a hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of C$7.89.

Fiera Capital Company Profile

Fiera Capital Corporation is an employee owned investment manager. The firm primarily provides its services to institutional investors, mutual funds, charitable organizations, and private clients. It manages separate client-focused equity, fixed income, and balanced portfolios. The firm also launches and manages equity, fixed income, and balanced mutual funds and income trusts for its clients.