Insider Selling: TECSYS Inc. (TCS) Director Sells 6,000 Shares of Stock
TECSYS Inc. (TSE:TCS) Director Vernon Lobo sold 6,000 shares of the company’s stock in a transaction on Thursday, October 12th. The shares were sold at an average price of C$15.95, for a total transaction of C$95,700.00.
Shares of TECSYS Inc. (TSE:TCS) traded up 1.13% during mid-day trading on Friday, reaching $16.18. 2,910 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $14.37 and a 200-day moving average price of $13.68. TECSYS Inc. has a one year low of $8.99 and a one year high of $17.18. The stock has a market cap of $211.67 million and a PE ratio of 33.78.
The business also recently announced a quarterly dividend, which was paid on Friday, October 6th. Stockholders of record on Friday, September 22nd were paid a dividend of $0.045 per share. This represents a $0.18 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date was Thursday, September 21st.
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Separately, Industrial Alliance Securities reaffirmed a “buy” rating and set a C$17.00 price target on shares of TECSYS in a research report on Wednesday, September 27th.
Tecsys Inc is a Canada-based company engaged in the development, marketing and sale of enterprise-wide supply chain management software for distribution, warehousing, transportation logistics and point-of-use. The Company also provides related consulting, education and support services. Its Supply Chain Platform with Visual Content is a technology for optimizing warehouse management operations.
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