E-L Financial (TSE:ELF) Insider E-L Financial Corporation Limited Purchases 2,400 Shares of Stock

E-L Financial Co. Limited (TSE:ELFGet Free Report) insider E-L Financial Corporation Limited bought 2,400 shares of the company’s stock in a transaction dated Wednesday, July 29th. The shares were purchased at an average price of C$16.96 per share, with a total value of C$40,704.00. Following the completion of the acquisition, the insider owned 93,400 shares of the company’s stock, valued at C$1,584,064. This trade represents a 2.64% increase in their position.

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

  • On Wednesday, July 22nd, E-L Financial Corporation Limited bought 7,600 shares of E-L Financial stock. The shares were acquired at an average cost of C$16.94 per share, for a total transaction of C$128,744.00.
  • On Thursday, July 23rd, E-L Financial Corporation Limited bought 8,000 shares of E-L Financial stock. The shares were bought at an average cost of C$16.82 per share, for a total transaction of C$134,560.00.
  • On Friday, July 24th, E-L Financial Corporation Limited acquired 2,000 shares of E-L Financial stock. The shares were bought at an average cost of C$16.99 per share, with a total value of C$33,980.00.
  • On Monday, July 27th, E-L Financial Corporation Limited purchased 1,300 shares of E-L Financial stock. The stock was bought at an average price of C$16.96 per share, with a total value of C$22,048.00.
  • On Tuesday, July 28th, E-L Financial Corporation Limited purchased 200 shares of E-L Financial stock. The shares were acquired at an average price of C$16.94 per share, for a total transaction of C$3,388.00.
  • On Thursday, July 30th, E-L Financial Corporation Limited bought 8,000 shares of E-L Financial stock. The stock was purchased at an average cost of C$16.88 per share, with a total value of C$135,040.00.
  • On Friday, July 31st, E-L Financial Corporation Limited bought 7,400 shares of E-L Financial stock. The shares were bought at an average price of C$16.85 per share, with a total value of C$124,690.00.
  • On Wednesday, May 27th, E-L Financial Corporation Limited acquired 6,400 shares of E-L Financial stock. The shares were purchased at an average cost of C$17.11 per share, with a total value of C$109,504.00.
  • On Thursday, May 28th, E-L Financial Corporation Limited purchased 1,200 shares of E-L Financial stock. The shares were bought at an average cost of C$16.96 per share, with a total value of C$20,352.00.
  • On Friday, May 29th, E-L Financial Corporation Limited purchased 5,700 shares of E-L Financial stock. The stock was bought at an average cost of C$17.02 per share, with a total value of C$97,014.00.

E-L Financial Price Performance

Shares of ELF stock opened at C$16.94 on Friday. The company has a debt-to-equity ratio of 6.83, a quick ratio of 2.70 and a current ratio of 1.41. E-L Financial Co. Limited has a fifty-two week low of C$14.31 and a fifty-two week high of C$18.97. The firm has a market capitalization of C$5.86 billion, a price-to-earnings ratio of 5.15 and a beta of 1.37. The stock’s 50-day simple moving average is C$16.94 and its 200-day simple moving average is C$16.89.

E-L Financial (TSE:ELFGet Free Report) last issued its quarterly earnings data on Thursday, May 14th. The insurance provider reported C$0.09 earnings per share (EPS) for the quarter. The business had revenue of C$524.00 million during the quarter. E-L Financial had a return on equity of 13.43% and a net margin of 43.93%. As a group, equities analysts forecast that E-L Financial Co. Limited will post 0.25 earnings per share for the current fiscal year.

E-L Financial Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Friday, July 17th were issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Tuesday, June 30th. E-L Financial’s payout ratio is currently 4.86%.

Key E-L Financial News

Here are the key news stories impacting E-L Financial this week:

  • Positive Sentiment: Insider buying totaled 36,900 shares. E-L Financial Corporation Limited purchased shares in multiple transactions from July 22 through July 31 at prices ranging from C$16.82 to C$16.99, spending approximately C$623,154 in aggregate. Such sustained buying near the current trading range can indicate that an affiliated investor considers the shares attractively valued and may provide support for TSX: ELF. E-L Financial insider transaction report
  • Neutral Sentiment: The reported Q2 article may be unrelated to E-L Financial. The headline refers to “brand expansion” and “pricing strategy,” language generally associated with e.l.f. Beauty rather than the Canadian insurance and investment company E-L Financial. Investors should not treat the article as an earnings or operating update for TSX: ELF unless the underlying story confirms the company identity. ELF Q2 deep dive article

About E-L Financial

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for E-L Financial (TSE:ELF)

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