Insider Selling: Fairfax Financial Holdings Limited (TSE:FFH) Director Sells 138 Shares of Stock

Fairfax Financial Holdings Limited (TSE:FFH) Director David Lloyd Johnston sold 138 shares of the company’s stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of C$1,556.03, for a total transaction of C$214,732.28.

David Lloyd Johnston also recently made the following trade(s):

• On Tuesday, March 26th, David Lloyd Johnston purchased 10 shares of Fairfax Financial stock. The stock was purchased at an average price of C$1,493.85 per share, with a total value of C$14,938.50.

Fairfax Financial Stock Up 0.5 %

Shares of TSE:FFH traded up C$7.51 during midday trading on Friday, hitting C$1,569.96. The stock had a trading volume of 2,960 shares, compared to its average volume of 76,043. The company has a quick ratio of 0.93, a current ratio of 3.87 and a debt-to-equity ratio of 37.45. Fairfax Financial Holdings Limited has a 12 month low of C$921.23 and a 12 month high of C$1,575.31. The business’s 50-day simple moving average is C$1,496.69 and its 200-day simple moving average is C$1,345.74. The company has a market cap of C$34.66 billion, a P/E ratio of 7.36, a PEG ratio of 0.27 and a beta of 0.86.

Fairfax Financial (TSE:FFH) last issued its quarterly earnings data on Thursday, February 15th. The company reported C$71.98 EPS for the quarter, missing the consensus estimate of C$81.40 by C($9.42). The firm had revenue of C$9.40 billion during the quarter, compared to the consensus estimate of C$10.25 billion. Fairfax Financial had a return on equity of 17.26% and a net margin of 12.26%. On average, sell-side analysts forecast that Fairfax Financial Holdings Limited will post 193.642409 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

FFH has been the topic of several analyst reports. BMO Capital Markets increased their price target on shares of Fairfax Financial from C$1,650.00 to C$1,800.00 in a research report on Monday. CIBC increased their price target on Fairfax Financial from C$1,700.00 to C$2,000.00 in a research report on Wednesday, March 13th. Royal Bank of Canada lifted their price target on Fairfax Financial from C$1,200.00 to C$1,275.00 and gave the stock an “outperform” rating in a report on Monday. National Bankshares raised their target price on shares of Fairfax Financial from C$2,000.00 to C$2,100.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 30th. Finally, Scotiabank reduced their price objective on shares of Fairfax Financial from C$2,000.00 to C$1,950.00 and set an “outperform” rating for the company in a report on Monday. Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of C$1,820.83.

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.