Morguard (TSE:MRC) Insider Purchases 2,400 Shares of Company Stock

Key Points

• Insider buying: Sime Armoyan purchased 2,400 Morguard shares at an average C$113.35, spending C$272,040 and increasing his stake by 0.16% to 1,479,423 shares.
• Continued accumulation: The purchase follows several recent transactions, including 34,200 shares acquired on August 31 for C$3.57 million, indicating sustained insider buying.
• Stock and business context: Morguard shares rose 0.7% to C$113.76, while the real estate investment company reported quarterly revenue of C$273.12 million and EPS of C$7.93.

Morguard Co. (TSE:MRC - Get Free Report) insider Sime Armoyan acquired 2,400 shares of the stock in a transaction that occurred on Monday, October 5th. The stock was acquired at an average cost of C$113.35 per share, for a total transaction of C$272,040.00. Following the completion of the purchase, the insider owned 1,479,423 shares in the company, valued at C$167,692,597.05. The trade was a 0.16% increase in their position.

Sime Armoyan also recently made the following trade(s):

• On Thursday, October 1st, Sime Armoyan purchased 1,800 shares of Morguard stock. The stock was acquired at an average price of C$113.97 per share, for a total transaction of C$205,146.00.
• On Monday, September 28th, Sime Armoyan acquired 300 shares of Morguard stock. The shares were bought at an average price of C$114.25 per share, with a total value of C$34,275.00.
• On Thursday, September 24th, Sime Armoyan bought 500 shares of Morguard stock. The stock was bought at an average cost of C$114.25 per share, for a total transaction of C$57,125.00.
• On Friday, September 25th, Sime Armoyan bought 3,300 shares of Morguard stock. The shares were bought at an average price of C$114.25 per share, for a total transaction of C$377,025.00.
• On Wednesday, September 23rd, Sime Armoyan acquired 900 shares of Morguard stock. The shares were bought at an average cost of C$114.25 per share, for a total transaction of C$102,825.00.
• On Monday, September 14th, Sime Armoyan acquired 300 shares of Morguard stock. The shares were bought at an average price of C$114.16 per share, with a total value of C$34,248.00.
• On Thursday, September 10th, Sime Armoyan bought 300 shares of Morguard stock. The stock was purchased at an average cost of C$114.00 per share, with a total value of C$34,200.00.
• On Wednesday, September 9th, Sime Armoyan purchased 1,500 shares of Morguard stock. The shares were purchased at an average price of C$114.00 per share, with a total value of C$171,000.00.
• On Tuesday, September 8th, Sime Armoyan purchased 1,700 shares of Morguard stock. The stock was acquired at an average price of C$114.14 per share, with a total value of C$194,038.00.
• On Monday, August 31st, Sime Armoyan purchased 34,200 shares of Morguard stock. The stock was acquired at an average price of C$104.30 per share, with a total value of C$3,567,060.00.

Morguard Trading Up 0.7%

Shares of Morguard stock traded up C$0.76 during trading hours on Tuesday, reaching C$113.76. 400 shares of the company's stock were exchanged, compared to its average volume of 3,141. Morguard Co. has a 52-week low of C$111.55 and a 52-week high of C$127.40. The company has a fifty day moving average of C$114.54 and a 200-day moving average of C$117.96. The company has a current ratio of 0.42, a quick ratio of 0.13 and a debt-to-equity ratio of 123.43. The firm has a market capitalization of C$1.21 billion, a price-to-earnings ratio of 5.90 and a beta of 0.13.

Morguard (TSE:MRC - Get Free Report) last released its earnings results on Wednesday, August 5th. The real estate investment trust reported C$7.93 EPS for the quarter. Morguard had a return on equity of 4.61% and a net margin of 18.49%.The firm had revenue of C$273.12 million during the quarter. Sell-side analysts forecast that Morguard Co. will post 26.1506276 EPS for the current fiscal year.

Morguard Company Profile

Morguard Corporation is a real estate investment company listed on the Toronto Stock Exchange TSX: MRC. The company and its subsidiaries, Morguard REIT TSX: MRT.UN and Morguard North American Residential REIT TSX: MRG.UN, own a diversified portfolio of real estate assets across multiple classes, including office, industrial, retail, multi-suite residential and hotel. Morguard also provides real estate management services to institutional and other investors. As at September 30, 2025, Morguard's owned and managed portfolio of assets was valued at $19 billion.

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