Insider Selling: Evertz Technologies Limited (ET) Director Sells 6,224 Shares of Stock
Evertz Technologies Limited (TSE:ET) Director Rakesh Thakor Patel sold 6,224 shares of the firm’s stock in a transaction that occurred on Thursday, July 6th. The shares were sold at an average price of C$17.86, for a total value of C$111,160.64.
Rakesh Thakor Patel also recently made the following trade(s):
- On Wednesday, July 5th, Rakesh Thakor Patel sold 3,050 shares of Evertz Technologies Limited stock. The shares were sold at an average price of C$17.86, for a total value of C$54,473.00.
- On Friday, July 7th, Rakesh Thakor Patel sold 87,048 shares of Evertz Technologies Limited stock. The shares were sold at an average price of C$17.80, for a total value of C$1,549,454.40.
- On Monday, July 10th, Rakesh Thakor Patel sold 1,556 shares of Evertz Technologies Limited stock. The shares were sold at an average price of C$17.86, for a total value of C$27,790.16.
Evertz Technologies Limited (ET) traded up 0.67% during trading on Tuesday, reaching $18.07. The company had a trading volume of 23,984 shares. The company has a 50-day moving average of $17.18 and a 200-day moving average of $16.85. Evertz Technologies Limited has a 52-week low of $15.72 and a 52-week high of $18.40. The firm has a market capitalization of $1.37 billion and a P/E ratio of 19.64.
The business also recently declared a quarterly dividend, which was paid on Friday, June 30th. Shareholders of record on Friday, June 30th were issued a $0.18 dividend. The ex-dividend date was Wednesday, June 21st. This represents a $0.72 annualized dividend and a dividend yield of 3.98%.
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Separately, Royal Bank Of Canada raised their price objective on Evertz Technologies Limited from C$21.00 to C$22.00 and gave the company an “outperform” rating in a research note on Wednesday, June 14th.
About Evertz Technologies Limited
Evertz Technologies Limited is an equipment provider to the television broadcast telecommunications and media industries. The Company designs, manufactures and markets video and audio infrastructure equipment for the production, post-production and transmission of television content. The Company’s solutions are purchased by content creators, broadcasters, specialty channels and television service providers to support their multi-channel digital and high definition television (HDTV) and high bandwidth low latency Internet Protocol (IP) network environments, and by telecommunications and new-media companies.
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