Gary James Osborne Sells 50,000 Shares of Chorus Aviation Inc (CHR) Stock
Chorus Aviation Inc (TSE:CHR) Director Gary James Osborne sold 50,000 shares of the stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of C$8.50, for a total transaction of C$425,000.00.
Gary James Osborne also recently made the following trade(s):
- On Friday, September 1st, Gary James Osborne bought 50,000 shares of Chorus Aviation stock. The shares were purchased at an average cost of C$8.25 per share, with a total value of C$412,500.00.
Chorus Aviation Inc (TSE:CHR) traded up 1.55% during mid-day trading on Thursday, reaching $8.54. 398,481 shares of the company’s stock were exchanged. Chorus Aviation Inc has a one year low of $6.00 and a one year high of $8.55. The stock has a market cap of $1.05 billion and a price-to-earnings ratio of 10.68. The stock has a 50-day moving average of $8.22 and a 200-day moving average of $7.71.
The firm also recently announced a monthly dividend, which was paid on Thursday, August 17th. Stockholders of record on Monday, July 31st were paid a dividend of $0.04 per share. The ex-dividend date was Thursday, July 27th. This represents a $0.48 annualized dividend and a dividend yield of 5.62%.
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CHR has been the subject of a number of recent analyst reports. Canaccord Genuity reissued a “buy” rating and set a C$9.00 target price on shares of Chorus Aviation in a research report on Monday, June 5th. Scotiabank decreased their target price on shares of Chorus Aviation from C$10.00 to C$8.50 and set an “outperform” rating for the company in a research report on Tuesday, August 29th. National Bank Financial raised shares of Chorus Aviation from a “sector perform” rating to an “outperform” rating and increased their target price for the company from C$8.50 to C$10.00 in a research report on Wednesday, August 23rd. TD Securities increased their target price on shares of 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, CIBC increased their target price on shares of Chorus Aviation from C$8.25 to C$8.75 and gave the company an “outperform” rating in a research report on Friday, August 11th. Six research analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average 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.
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