Insider Buying: Fairfax Financial Holdings Limited (TSE:FFH) Director Buys 8 Shares of Stock

Fairfax Financial Holdings Limited (TSE:FFH) Director David Lloyd Johnston acquired 8 shares of the company’s stock in a transaction dated Monday, December 16th. The stock was acquired at an average price of C$1,996.17 per share, with a total value of C$15,969.36.

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

• On Thursday, November 28th, David Lloyd Johnston sold 13 shares of Fairfax Financial stock. The shares were sold at an average price of C$1,978.89, for a total transaction of C$25,725.57.
• On Tuesday, November 5th, David Lloyd Johnston sold 39 shares of Fairfax Financial stock. The shares were sold at an average price of C$1,819.21, for a total value of C$70,949.19.

Fairfax Financial Stock Down 0.8 %

TSE FFH traded down C$16.56 during trading hours on Tuesday, reaching C$1,953.44. 16,469 shares of the company’s stock were exchanged, compared to its average volume of 37,083. 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 Holdings Limited has a one year low of C$1,213.01 and a one year high of C$2,071.49. The company’s 50-day moving average is C$1,938.42 and its two-hundred day moving average is C$1,720.74. The company has a market capitalization of C$45.53 billion, a price-to-earnings ratio of 8.70, a price-to-earnings-growth ratio of 0.27 and a beta of 0.83.

Analyst Upgrades and Downgrades

Several research firms have issued reports on FFH. National Bankshares upped their price objective on Fairfax Financial from C$2,100.00 to C$2,200.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. BMO Capital Markets raised their target price on shares of Fairfax Financial from C$1,850.00 to C$2,200.00 in a research note on Monday, November 4th. Scotiabank increased their price objective on shares of Fairfax Financial from C$2,100.00 to C$2,200.00 in a report on Monday, November 4th. Royal Bank of Canada lifted their price objective on Fairfax Financial from C$1,325.00 to C$1,425.00 and gave the stock an “outperform” rating in a research note on Thursday, October 3rd. Finally, Cormark raised their target price on Fairfax Financial from C$1,800.00 to C$2,125.00 in a report on Monday, November 4th.

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.