Peter Clarke Sells 2,000 Shares of Fairfax Financial Holdings Limited (TSE:FFH) Stock

Fairfax Financial Holdings Limited (TSE:FFH) Senior Officer Peter Clarke sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 25th. The stock was sold at an average price of C$1,646.93, for a total value of C$3,293,860.00. Following the transaction, the insider now owns 632 shares of the company’s stock, valued at C$1,040,859.76.

Fairfax Financial Trading Up 0.6 %

Fairfax Financial stock opened at C$1,717.72 on Wednesday. Fairfax Financial Holdings Limited has a 12-month low of C$1,070.00 and a 12-month high of C$1,717.72. The company has a debt-to-equity ratio of 40.13, a current ratio of 3.75 and a quick ratio of 0.93. The stock has a market capitalization of C$36.81 billion, a PE ratio of 7.74, a price-to-earnings-growth ratio of 0.27 and a beta of 0.83. The firm has a 50 day simple moving average of C$1,602.01 and a 200-day simple moving average of C$1,554.55.

Fairfax Financial (TSE:FFH) last issued its quarterly earnings results on Thursday, August 1st. The company reported C$50.87 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$51.23 by C($0.36). Fairfax Financial had a net margin of 12.27% and a return on equity of 17.91%. The firm had revenue of C$10.25 billion for the quarter. As a group, equities research analysts expect that Fairfax Financial Holdings Limited will post 208.8998764 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Scotiabank boosted their price target on Fairfax Financial from C$1,950.00 to C$2,000.00 in a research report on Wednesday, July 24th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of C$1,829.17.

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.