Insider Buying: Altus Group Limited (TSE:AIF) Director Purchases 22,156 Shares of Stock

Altus Group Limited (TSE:AIF) Director William Brennan bought 22,156 shares of the stock in a transaction on Monday, March 10th. The shares were bought at an average price of C$52.09 per share, for a total transaction of C$1,154,106.04.

William Brennan also recently made the following trade(s):

• On Monday, December 30th, William Brennan sold 11,150 shares of Altus Group stock. The shares were sold at an average price of C$55.45, for a total transaction of C$618,267.50.
• On Monday, December 23rd, William Brennan purchased 300 shares of Altus Group stock. The stock was purchased at an average price of C$55.70 per share, for a total transaction of C$16,710.00.
• On Tuesday, December 17th, William Brennan purchased 1,227 shares of Altus Group stock. The stock was purchased at an average price of C$56.43 per share, with a total value of C$69,239.61.
• On Thursday, December 12th, William Brennan acquired 171 shares of Altus Group stock. The shares were acquired at an average cost of C$57.50 per share, with a total value of C$9,832.50.

Altus Group Stock Up 0.5 %

Shares of Altus Group stock opened at C$51.89 on Thursday. Altus Group Limited has a twelve month low of C$46.09 and a twelve month high of C$61.09. The stock has a market cap of C$2.41 billion, a price-to-earnings ratio of 907.98, a price-to-earnings-growth ratio of 0.96 and a beta of 0.82. The company has a current ratio of 2.09, a quick ratio of 1.30 and a debt-to-equity ratio of 55.91. The company has a fifty day moving average price of C$56.25 and a 200 day moving average price of C$55.58.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on AIF shares. CIBC dropped their price objective on Altus Group from C$60.00 to C$57.00 in a research report on Friday, February 21st. Royal Bank of Canada lifted their price target on Altus Group from C$56.00 to C$62.00 in a report on Friday, February 21st. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, Altus Group has an average rating of “Hold” and a consensus price target of C$57.44.

Altus Group Company Profile

Altus Group Ltd operates in the Canadian real estate sector. Its services can be summed up as advisory services, software and data solutions to the property and real estate industry. The company has three reportable segments namely Altus Analytics, Commercial Real Estate Consulting, and Geomatics. It generates maximum revenue from the Commercial Real Estate Consulting segment.