Chorus Aviation Inc (CHR) Insider Jolene Mahody Sells 57,000 Shares

Chorus Aviation Inc (TSE:CHR) insider Jolene Mahody sold 57,000 shares of the company’s stock in a transaction that occurred on Thursday, August 24th. The shares were sold at an average price of C$8.15, for a total value of C$464,550.00.

Jolene Mahody also recently made the following trade(s):

  • On Wednesday, August 23rd, Jolene Mahody sold 193,000 shares of Chorus Aviation stock. The shares were sold at an average price of C$8.15, for a total value of C$1,572,950.00.

Chorus Aviation Inc (CHR) traded up 0.98% during trading on Friday, reaching $8.23. The company had a trading volume of 206,750 shares. Chorus Aviation Inc has a 12-month low of $5.92 and a 12-month high of $12.94. The stock has a 50 day moving average of $8.00 and a 200-day moving average of $7.63. The stock has a market capitalization of $1.01 billion and a P/E ratio of 10.29.

The firm also recently declared a monthly dividend, which was paid on Thursday, August 17th. Investors of record on Monday, July 31st were paid a dividend of $0.04 per share. This represents a $0.48 dividend on an annualized basis and a yield of 5.83%. The ex-dividend date was Thursday, July 27th.

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CHR has been the topic of several analyst reports. Canaccord Genuity upped their price objective on Chorus Aviation from C$9.00 to C$9.25 in a research report on Friday, August 11th. Scotiabank upped their price objective on Chorus Aviation from C$8.00 to C$8.50 and gave the company an “outperform” rating in a research report on Monday, May 15th. National Bank Financial upped their price objective on Chorus Aviation from C$8.00 to C$8.50 and gave the company a “sector perform” rating in a research report on Friday, August 11th. TD Securities upped their price objective on Chorus Aviation from C$8.50 to C$9.50 and gave the company a “buy” rating in a research report on Friday, August 11th. Finally, Royal Bank Of Canada upped their price objective on Chorus Aviation from C$8.00 to C$8.50 and gave the company an “outperform” rating in a research report on Friday, August 11th. Six equities research analysts have rated the stock with a buy rating, Chorus Aviation presently has a consensus rating of “Buy” and a consensus target price of C$9.08.

About Chorus Aviation

Chorus Aviation Inc, through its subsidiaries, engages in the airline business in Canada and the United States. It operates scheduled passenger service on behalf of Air Canada under the Air Canada Express brand name with approximately 658 departures per weekday to 58 destinations in Canada, as well as 12 destinations in the United States.

Insider Buying and Selling by Quarter for Chorus Aviation (TSE:CHR)

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