Rick Flynn Sells 80,000 Shares of Chorus Aviation Inc (CHR) Stock
Chorus Aviation Inc (TSE:CHR) insider Rick Flynn sold 80,000 shares of the stock in a transaction on Wednesday, June 28th. The stock was sold at an average price of C$7.60, for a total transaction of C$608,000.00.
Rick Flynn also recently made the following trade(s):
- On Tuesday, June 27th, Rick Flynn sold 67,500 shares of Chorus Aviation stock. The stock was sold at an average price of C$7.56, for a total transaction of C$510,300.00.
- On Friday, June 9th, Rick Flynn sold 2,500 shares of Chorus Aviation stock. The stock was sold at an average price of C$7.50, for a total transaction of C$18,750.00.
Shares of Chorus Aviation Inc (TSE:CHR) traded down 0.39% during trading on Thursday, reaching $7.57. 125,410 shares of the company’s stock were exchanged. The company’s 50-day moving average is $7.41 and its 200 day moving average is $7.28. Chorus Aviation Inc has a 52 week low of $5.70 and a 52 week high of $7.66. The stock has a market capitalization of $924.92 million and a PE ratio of 11.47.
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CHR has been the subject of a number of recent research reports. Scotiabank increased their price target on shares of Chorus Aviation from C$8.00 to C$8.50 and gave the stock an “outperform” rating in a research note on Monday, May 15th. Canaccord Genuity reiterated a “buy” rating and set a C$9.00 price target on shares of Chorus Aviation in a research note on Monday, June 5th. Five equities research analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average price target of C$8.54.
About Chorus Aviation
Chorus Aviation Inc is a Canada-based holding company, which holds various aviation interests. It operates through businesses, such as Jazz Aviation LP (Jazz), Voyageur Aviation Corp. (Voyageur) and Chorus Aviation Capital Corp. (CACC). Jazz operates through three divisions: Air Canada Express, through which Jazz provides service using the Air Canada Express brand throughout North America; Jazz Technical Services (JTS) provides maintenance, repair and overhaul (MRO) services to third parties, and Jazz division, which offers charters throughout North America with a fleet of three Bombardier aircraft and also offers airline operators services, such as ground handling, dispatching, flight load planning, training and consulting.
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