Insider Buying: Real Matters Inc (REAL) Insider Acquires 12,000 Shares of Stock
Real Matters Inc (TSE:REAL) insider Lisa Allen purchased 12,000 shares of the business’s stock in a transaction on Friday, December 1st. The shares were acquired at an average price of C$8.95 per share, for a total transaction of C$107,400.00.
Shares of Real Matters Inc (REAL) traded up C$0.20 during trading hours on Tuesday, hitting C$9.24. The stock had a trading volume of 94,934 shares, compared to its average volume of 76,902. Real Matters Inc has a one year low of C$8.29 and a one year high of C$15.00.
A number of equities analysts have issued reports on REAL shares. BMO Capital Markets cut their price target on Real Matters from C$14.00 to C$11.50 in a report on Monday, August 14th. Scotiabank cut their price target on Real Matters from C$14.00 to C$13.00 and set a “sector perform” rating on the stock in a report on Monday, August 14th. Finally, TD Securities cut their price target on Real Matters from C$15.50 to C$14.50 in a report on Monday, August 14th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of C$13.83.
Real Matters Inc develops and provides network management solutions to mortgage lending and insurance industries in Canada and the United States. It offers residential mortgage appraisals for purchase, refinance, and home equity mortgage origination transactions under the Solidifi and Linear Title & Closing brands to the mortgage industry; insurance inspection services to property and casualty insurers under the iv3 brand; and residential and commercial real estate title, and closing services to home equity search market under the Southwest Financial Services brand.
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