Insider Selling: AGF Management Limited (TSE:AGF.B) Senior Officer Sells C$512,678.14 in Stock

AGF Management Limited (TSE:AGF.B) Senior Officer Kevin Andrew Mccreadie sold 45,734 shares of the stock in a transaction on Monday, November 25th. The shares were sold at an average price of C$11.21, for a total transaction of C$512,678.14.

Kevin Andrew Mccreadie also recently made the following trade(s):

• On Tuesday, November 19th, Kevin Andrew Mccreadie sold 25,000 shares of AGF Management stock. The shares were sold at an average price of C$11.06, for a total transaction of C$276,500.00.
• On Tuesday, November 5th, Kevin Andrew Mccreadie sold 31,600 shares of AGF Management stock. The stock was sold at an average price of C$10.65, for a total value of C$336,540.00.
• On Wednesday, October 9th, Kevin Andrew Mccreadie sold 32,840 shares of AGF Management stock. The stock was sold at an average price of C$10.45, for a total value of C$343,178.00.

AGF Management Price Performance

TSE:AGF.B opened at C$11.05 on Friday. The company has a quick ratio of 1.75, a current ratio of 1.19 and a debt-to-equity ratio of 11.27. The firm has a market cap of C$705.65 million, a PE ratio of 8.65, a price-to-earnings-growth ratio of 1.18 and a beta of 1.73. AGF Management Limited has a 12 month low of C$7.20 and a 12 month high of C$11.53. The company’s 50-day moving average price is C$10.35 and its two-hundred day moving average price is C$8.96.

Wall Street Analyst Weigh In

AGF.B has been the subject of several research reports. Desjardins raised their target price on AGF Management from C$12.00 to C$12.50 and gave the stock a “buy” rating in a research report on Thursday, September 26th. BMO Capital Markets lifted their target price on shares of AGF Management from C$9.00 to C$10.00 and gave the company a “market perform” rating in a research report on Monday, September 23rd. Scotiabank upped their target price on shares of AGF Management from C$10.75 to C$11.25 in a research note on Wednesday, September 18th. CIBC raised their price target on shares of AGF Management from C$14.00 to C$17.00 and gave the stock an “outperform” rating in a research note on Thursday, October 3rd. Finally, TD Securities upped their price objective on AGF Management from C$10.00 to C$11.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, AGF Management presently has an average rating of “Moderate Buy” and a consensus price target of C$11.82.

About AGF Management

AGF Management Limited is one of Canada's premier investment management companies with offices across Canada and subsidiaries around the world. 2007 marks AGF's 50th anniversary ofproviding Canadians with innovative investment solutions across the wealth continuum. AGF's products and services include a diversified family of more than 50 mutual funds, the evolutionary AGF Elements portfolios, the Harmony asset management program, AGF Private Investment Management, Institutional Account Services and AGF Trust GICs, loans and mortgages.