AGF Management Limited (TSE:AGF.B) Insider Buys C$70,942.30 in Stock

AGF Management Limited (TSE:AGF.B - Get Free Report) insider AGF EMPLOYEE BENEFIT PLAN TRUST purchased 5,863 shares of the company's stock in a transaction dated Monday, June 16th. The shares were acquired at an average cost of C$12.10 per share, for a total transaction of C$70,942.30.

AGF EMPLOYEE BENEFIT PLAN TRUST also recently made the following trade(s):

• On Friday, June 13th, AGF EMPLOYEE BENEFIT PLAN TRUST acquired 23,277 shares of AGF Management stock. The stock was bought at an average cost of C$12.24 per share, for a total transaction of C$284,910.48.
• On Thursday, June 12th, AGF EMPLOYEE BENEFIT PLAN TRUST purchased 21,600 shares of AGF Management stock. The shares were acquired at an average cost of C$12.22 per share, for a total transaction of C$263,952.00.
• On Monday, June 9th, AGF EMPLOYEE BENEFIT PLAN TRUST bought 42,700 shares of AGF Management stock. The shares were purchased at an average price of C$12.09 per share, for a total transaction of C$516,243.00.
• On Wednesday, April 9th, AGF EMPLOYEE BENEFIT PLAN TRUST sold 24,552 shares of AGF Management stock. The shares were sold at an average price of C$9.80, for a total transaction of C$240,609.60.

AGF Management Price Performance

Shares of AGF.B stock traded up C$0.02 during trading on Monday, hitting C$12.01. The company had a trading volume of 44,329 shares, compared to its average volume of 66,834. The firm has a market capitalization of C$766.96 million, a P/E ratio of 9.38, a price-to-earnings-growth ratio of 1.18 and a beta of 1.73. AGF Management Limited has a one year low of C$7.37 and a one year high of C$12.46. The company has a debt-to-equity ratio of 11.27, a quick ratio of 1.75 and a current ratio of 1.19. The stock's 50-day moving average price is C$10.78 and its 200 day moving average price is C$10.71.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Desjardins cut their price objective on AGF Management from C$13.50 to C$12.25 and set a "buy" rating for the company in a research report on Wednesday, April 9th. Scotiabank cut their price target on AGF Management from C$12.00 to C$11.50 and set a "sector perform" rating for the company in a report on Wednesday, April 9th. TD Securities decreased their price objective on shares of AGF Management from C$13.00 to C$12.00 and set a "buy" rating on the stock in a report on Wednesday, April 9th. Finally, Jefferies Financial Group cut their target price on shares of AGF Management from C$12.00 to C$11.00 in a research note on Monday, April 21st. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of C$12.46.

AGF Management Company Profile

AGF Management is a Canadian-based asset manager with operations and investments in Canada, the United States, the United Kingdom, Ireland, and Asia. At the end of May 2022, the firm had CAD 40.3 billion in total assets under management. AGF Management's funds are weighted more heavily toward equities, with just over two thirds of retail AUM being equity related.

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