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

Chorus Aviation Inc (TSE:CHR) insider Jolene Mahody sold 57,000 shares of the firm’s stock in a transaction dated Thursday, August 24th. The stock was sold at an average price of C$8.15, for a total transaction 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 stock was sold at an average price of C$8.15, for a total transaction of C$1,572,950.00.

Chorus Aviation Inc (CHR) opened at 8.23 on Friday. The company’s 50-day moving average is $8.00 and its 200 day moving average is $7.63. The company has a market capitalization of $1.01 billion and a P/E ratio of 10.29. Chorus Aviation Inc has a one year low of $5.92 and a one year high of $12.94.

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

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