Olympia Financial Group (TSE:OLY) Director Sells C$51,750.00 in Stock

Olympia Financial Group Inc. (TSE:OLY) Director Brian Ross Newman sold 500 shares of Olympia Financial Group stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of C$103.50, for a total transaction of C$51,750.00. Following the sale, the director owned 300 shares in the company, valued at C$31,050. This represents a 62.50% decrease in their position.

Brian Ross Newman also recently made the following trade(s):

• On Tuesday, August 18th, Brian Ross Newman sold 200 shares of Olympia Financial Group stock. The shares were sold at an average price of C$104.25, for a total transaction of C$20,850.00.
• On Thursday, August 20th, Brian Ross Newman sold 300 shares of Olympia Financial Group stock. The shares were sold at an average price of C$104.00, for a total transaction of C$31,200.00.

Olympia Financial Group Price Performance

TSE:OLY opened at C$100.00 on Monday. The company has a 50-day moving average of C$104.71 and a 200-day moving average of C$113.25. The company has a market capitalization of C$240.60 million, a price-to-earnings ratio of 13.16 and a beta of -0.00. Olympia Financial Group Inc. has a 52 week low of C$98.00 and a 52 week high of C$133.60. The company has a debt-to-equity ratio of 22.31, a quick ratio of 1.59 and a current ratio of 57.49.

Olympia Financial Group Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 31st will be given a $0.50 dividend. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend is Thursday, August 20th. Olympia Financial Group’s dividend payout ratio is 92.11%.

Wall Street Analyst Weigh In

Separately, Fundamental Research set a C$158.24 price objective on Olympia Financial Group and gave the company a “buy” rating in a report on Friday, May 22nd. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Olympia Financial Group presently has a consensus rating of “Buy” and a consensus target price of C$158.24.

About Olympia Financial Group

Olympia Financial Group Inc (“OFGI”) conducts most of its operations through its subsidiary Olympia Trust Company, a non-deposit taking trust company. Olympia Trust Company is licensed to conduct trust activities in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick, and Nova Scotia. Olympia Trust Company administers self-directed registered plan accounts, corporate trust, and transfer agency services. OFGI also provides currency exchange and global payment services through its subsidiary Olympia Currency and Global Payments Inc, and offers private health services plans and information technology services to exempt market dealers, registrants, and issuers through its subsidiary Olympia Benefits Inc OFGI’s common shares are listed on the Toronto Stock Exchange under the symbol “OLY”.