AGF Management Limited (TSE:AGF.B) Senior Officer Kevin Andrew Mccreadie Sells 21,600 Shares

AGF Management Limited (TSE:AGF.B - Get Free Report) Senior Officer Kevin Andrew Mccreadie sold 21,600 shares of the business's stock in a transaction that occurred on Monday, May 26th. The stock was sold at an average price of C$11.30, for a total transaction of C$244,080.00.

Kevin Andrew Mccreadie also recently made the following trade(s):

• On Thursday, May 22nd, Kevin Andrew Mccreadie sold 1,200 shares of AGF Management stock. The stock was sold at an average price of C$11.30, for a total transaction of C$13,560.00.
• On Wednesday, May 21st, Kevin Andrew Mccreadie sold 3,700 shares of AGF Management stock. The stock was sold at an average price of C$11.35, for a total transaction of C$41,995.00.
• On Wednesday, May 14th, Kevin Andrew Mccreadie sold 3,500 shares of AGF Management stock. The stock was sold at an average price of C$11.85, for a total transaction of C$41,475.00.
• On Monday, May 12th, Kevin Andrew Mccreadie sold 60,000 shares of AGF Management stock. The stock was sold at an average price of C$11.32, for a total transaction of C$679,200.00.

AGF Management Price Performance

Shares of AGF Management stock traded down C$0.16 during mid-day trading on Thursday, reaching C$11.57. 57,806 shares of the stock were exchanged, compared to its average volume of 68,321. The company has a market cap of C$738.86 million, a price-to-earnings ratio of 9.04, a price-to-earnings-growth ratio of 1.18 and a beta of 1.73. The company has a current ratio of 1.19, a quick ratio of 1.75 and a debt-to-equity ratio of 11.27. The firm has a 50-day simple moving average of C$10.30 and a 200 day simple moving average of C$10.64. AGF Management Limited has a fifty-two week low of C$7.37 and a fifty-two week high of C$11.95.

Analyst Upgrades and Downgrades

AGF.B has been the subject of several recent analyst reports. Jefferies Financial Group decreased their price objective on shares of AGF Management from C$12.00 to C$11.00 in a report on Monday, April 21st. Desjardins reduced their price target on shares of AGF Management from C$13.50 to C$12.25 and set a "buy" rating for the company in a report on Wednesday, April 9th. TD Securities reduced their price target on shares of AGF Management from C$13.00 to C$12.00 and set a "buy" rating for the company in a report on Wednesday, April 9th. Finally, Scotiabank reduced their price target on shares of 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. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of C$12.46.

About AGF Management

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.