Insider Selling: FirstService Co. (TSE:FSV) Director Sells C$198,868.96 in Stock

FirstService Co. (TSE:FSV) (NASDAQ:FSV) Director D. Scott Patterson sold 800 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of C$248.59, for a total transaction of C$198,868.96.

D. Scott Patterson also recently made the following trade(s):

• On Thursday, February 13th, D. Scott Patterson sold 4,000 shares of FirstService stock. The shares were sold at an average price of C$249.92, for a total transaction of C$999,680.00.

FirstService Price Performance

Shares of TSE FSV opened at C$248.39 on Friday. The company has a current ratio of 1.81, a quick ratio of 1.25 and a debt-to-equity ratio of 136.54. The company has a market capitalization of C$7.88 billion, a price-to-earnings ratio of 72.68, a price-to-earnings-growth ratio of 107.75 and a beta of 0.96. FirstService Co. has a twelve month low of C$193.77 and a twelve month high of C$278.19. The business has a 50 day simple moving average of C$258.84 and a 200-day simple moving average of C$253.49.

Analysts Set New Price Targets

Separately, TD Securities boosted their price objective on FirstService from C$182.00 to C$194.00 and gave the company a “hold” rating in a report on Monday, October 28th.

About FirstService

FirstService Corp operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high-, medium-, and low-rise condominiums and co-operatives, and generates most of the company’s revenue.