Insider Selling: Chorus Aviation Inc (CHR) Director Sells 50,000 Shares of Stock

Chorus Aviation Inc (TSE:CHR) Director Gary James Osborne sold 50,000 shares of the company’s stock in a transaction on Thursday, September 14th. The stock was sold at an average price of C$8.50, for a total value of C$425,000.00.

Gary James Osborne also recently made the following trade(s):

  • On Wednesday, September 20th, Gary James Osborne sold 50,000 shares of Chorus Aviation stock. The stock was sold at an average price of C$8.50, for a total value of C$425,000.00.
  • On Friday, September 1st, Gary James Osborne acquired 50,000 shares of Chorus Aviation stock. The shares were acquired at an average cost of C$8.25 per share, for a total transaction of C$412,500.00.

Shares of Chorus Aviation Inc (TSE:CHR) opened at 8.68 on Friday. The stock has a market capitalization of $1.07 billion and a P/E ratio of 10.85. The firm’s 50-day moving average price is $8.29 and its 200-day moving average price is $7.75. Chorus Aviation Inc has a 52-week low of $6.00 and a 52-week high of $8.71.

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A number of research analysts recently weighed in on the company. CIBC upped their price objective on Chorus Aviation from C$8.25 to C$8.75 and gave the stock an “outperform” rating in a report on Friday, August 11th. National Bank Financial decreased their target price on Chorus Aviation from C$10.00 to C$8.50 and set an “outperform” rating on the stock in a research report on Thursday, August 24th. Canaccord Genuity reiterated a “buy” rating and set a C$9.00 target price on shares of Chorus Aviation in a research report on Monday, June 5th. Royal Bank Of Canada boosted their target price on Chorus Aviation from C$8.00 to C$8.50 and gave the stock an “outperform” rating in a research report on Friday, August 11th. Finally, TD Securities boosted their target price on Chorus Aviation from C$8.50 to C$9.50 and gave the stock a “buy” rating in a research report on Friday, August 11th. Six research analysts have rated the stock with a buy rating, Chorus Aviation has a consensus rating of “Buy” and a consensus target price of C$9.08.

Chorus Aviation Company Profile

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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