Heroux Devtek Inc (HRX) Insider Gaétan Roy Sells 3,300 Shares

Heroux Devtek Inc (TSE:HRX) insider Gaétan Roy sold 3,300 shares of the company’s stock in a transaction on Friday, March 9th. The stock was sold at an average price of C$15.00, for a total transaction of C$49,500.00.

Gaétan Roy also recently made the following trade(s):

  • On Wednesday, March 7th, Gaétan Roy sold 1,600 shares of Heroux Devtek stock. The stock was sold at an average price of C$15.03, for a total transaction of C$24,048.00.

Heroux Devtek Inc (TSE HRX) traded up C$0.04 during midday trading on Monday, hitting C$14.93. 8,647 shares of the stock traded hands, compared to its average volume of 9,570. Heroux Devtek Inc has a 12-month low of C$11.06 and a 12-month high of C$15.71. The company has a market cap of $538.62, a price-to-earnings ratio of 32.54 and a beta of -0.03.

Several research analysts have weighed in on the stock. TD Securities upped their price objective on shares of Heroux Devtek from C$15.00 to C$16.50 and gave the stock a “hold” rating in a report on Thursday, February 8th. Raymond James Financial upped their price objective on shares of Heroux Devtek from C$16.50 to C$17.00 and gave the stock an “outperform” rating in a report on Wednesday, February 28th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of C$17.70.

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About Heroux Devtek

Heroux Devtek Inc is a Canada-based company engaged in the design, development, manufacture, repair and overhaul of landing gear and actuation systems and components for the aerospace market. It manufactures electronic enclosures, heat exchangers and cabinets for airborne radar, electro-optic systems and aircraft controls through its Magtron operations, as well as fluid filters products through its Bolton operations.

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