Insider Buying: E-L Financial (TSE:ELF) Insider Acquires 5,700 Shares of Stock

E-L Financial Co. Limited (TSE:ELF) insider E-L Financial Corporation Limited acquired 5,700 shares of the stock in a transaction on Friday, May 29th. The shares were acquired at an average price of C$17.02 per share, with a total value of C$97,014.00. Following the purchase, the insider owned 5,700 shares in the company, valued at C$97,014. This represents a ∞ increase in their ownership of the stock.

E-L Financial Corporation Limited also recently made the following trade(s):

• On Wednesday, May 27th, E-L Financial Corporation Limited acquired 6,400 shares of E-L Financial stock. The shares were acquired at an average price of C$17.11 per share, with a total value of C$109,504.00.
• On Thursday, May 28th, E-L Financial Corporation Limited acquired 1,200 shares of E-L Financial stock. The shares were acquired at an average price of C$16.96 per share, with a total value of C$20,352.00.

E-L Financial Trading Up 0.1%

TSE ELF traded up C$0.01 during mid-day trading on Thursday, reaching C$16.91. 5,864 shares of the company’s stock traded hands, compared to its average volume of 59,011. E-L Financial Co. Limited has a 1-year low of C$14.31 and a 1-year high of C$18.97. The company has a fifty day simple moving average of C$16.80 and a 200-day simple moving average of C$16.84. The company has a market cap of C$5.85 billion, a price-to-earnings ratio of 5.14 and a beta of 1.30.

E-L Financial (TSE:ELF) last released its earnings results on Thursday, May 14th. The insurance provider reported C$0.09 EPS for the quarter. E-L Financial had a return on equity of 13.53% and a net margin of 53.61%.The company had revenue of C$436.86 million for the quarter. Equities research analysts forecast that E-L Financial Co. Limited will post 0.25 earnings per share for the current fiscal year.

E-L Financial Company Profile

E-L Financial Corp Ltd operates as an investment and insurance holding company. The firm organizes itself into two segments namely E-L Corporate and Empire Life. The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds, and annuity products whereas, the E-L Corporate segment operations include the oversight of investments in global equities held through holdings of common shares, investment funds, closed-end investment companies, and other private companies.