AGF Management Limited (TSE:AGF.B) Insider AGF EMPLOYEE BENEFIT PLAN TRUST acquires 4,400 shares


AGF Management Limited (IS: AGF.BGet a rating) AGF EMPLOYEE BENEFIT PLAN TRUST insider bought 4,400 shares of the company in a trade that took place on Friday, July 22. The shares were purchased at an average cost of CA$6.39 per share, for a total transaction of CA$28,094.00. Following the acquisition, the insider now directly owns 1,062,381 shares of the company, valued at approximately C$6,783,302.69.

AGF BENEFITS PLAN TRUST has also recently completed the following transaction(s):

  • On Wednesday, July 20, AGF BENEFIT PLAN TRUST purchased 23,900 shares of AGF Management. The shares were purchased at an average cost of CA$6.38 per share, for a total transaction of CA$152,386.40.
  • On Monday, July 18, AGF BENEFIT PLAN TRUST purchased 19,900 shares of AGF Management. The shares were purchased at an average cost of CA$6.28 per share, for a total transaction of CA$124,932.20.
  • On Friday, July 15, AGF BENEFIT PLAN TRUST purchased 19,600 shares of AGF Management. The stock was purchased at an average cost of CA$6.17 per share, for a total transaction of CA$120,912.40.
  • On Wednesday, July 13, AGF BENEFIT PLAN TRUST purchased 82,900 shares of AGF Management. The stock was purchased at an average cost of CA$6.23 per share, for a total transaction of CA$516,467.00.
  • On Monday, July 11, AGF BENEFITS PLAN TRUST purchased 13,300 shares of AGF Management. The stock was purchased at an average cost of CA$6.22 per share, for a total transaction of CA$82,726.00.
  • On Thursday, July 7, AGF BENEFIT PLAN TRUST purchased 7,900 shares of AGF Management. The stock was purchased at an average cost of CA$6.32 per share, for a total transaction of CA$49,896.40.

Price performance of AGF management

Shares of AGF Management shares opened at C$6.37 on Friday. The stock has a market cap of C$434.94 million and a price-to-earnings ratio of 8.85. The company has a debt ratio of 8.16, a quick ratio of 2.00 and a current ratio of 2.00. The company has a fifty-day moving average of C$6.50 and a 200-day moving average of C$7.08. AGF Management Limited has a 52 week low of C$5.96 and a 52 week high of C$8.52.

Wall Street analysts predict growth

A number of brokerages have recently commented on AGF.B. Scotiabank lowered its price target on AGF Management shares from C$8.50 to C$7.75 in a report released Tuesday, June 14. Royal Bank of Canada downgraded AGF Management shares from a “sector performance” rating to an “underperform” rating and lowered its price target for the company from C$8.50 to 8 CA$.00 in a research note from Monday, April 25. One analyst rated the stock with a sell rating, two gave the company a hold rating and one assigned a buy rating. Based on data from MarketBeat, AGF Management has a consensus rating of “Hold” and a consensus target price of C$8.15.

Profile of the AGF management company

(Get a rating)

AGF Management Limited is a public asset management holding company. Through its subsidiaries, the company provides its services to public and corporate DB pension plans, endowments and foundations, sovereign wealth funds, corporate plans, insurance companies and mandates of sub-advisors. Through its subsidiaries, it manages client-focused equity, fixed-income and balanced mutual funds as well as client-focused equity, fixed-income and balanced portfolios.

Further reading



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