Morguard (TSE:MRC) Insider Sime Armoyan Buys 1,500 Shares

Key Points

• Insider Sime Armoyan bought 1,500 Morguard shares at C$114 each, investing C$171,000 and increasing his direct stake to 1,459,423 shares valued at approximately C$166.4 million.
• Armoyan has made multiple recent purchases, acquiring more than 59,000 shares in total across transactions since August 19, signaling continued insider buying.
• Morguard shares rose 0.9% to C$115, while the company recently reported quarterly EPS of C$7.93 and revenue of C$273.12 million.

Morguard Co. (TSE:MRC - Get Free Report) insider Sime Armoyan bought 1,500 shares of the firm's stock in a transaction dated Wednesday, September 9th. The shares were purchased at an average price of C$114.00 per share, with a total value of C$171,000.00. Following the acquisition, the insider directly owned 1,459,423 shares in the company, valued at approximately C$166,374,222. This trade represents a 0.10% increase in their position.

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

• 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, for a total transaction of C$194,038.00.
• On Monday, August 31st, Sime Armoyan acquired 34,200 shares of Morguard stock. The stock was acquired at an average cost of C$104.30 per share, with a total value of C$3,567,060.00.
• On Friday, August 28th, Sime Armoyan bought 16,200 shares of Morguard stock. The stock was acquired at an average cost of C$114.69 per share, for a total transaction of C$1,857,978.00.
• On Wednesday, August 26th, Sime Armoyan purchased 5,200 shares of Morguard stock. The shares were acquired at an average cost of C$114.75 per share, with a total value of C$596,700.00.
• On Monday, August 24th, Sime Armoyan purchased 1,800 shares of Morguard stock. The stock was bought at an average price of C$114.75 per share, with a total value of C$206,550.00.
• On Wednesday, August 19th, Sime Armoyan acquired 500 shares of Morguard stock. The shares were bought at an average price of C$114.75 per share, for a total transaction of C$57,375.00.

Morguard Stock Up 0.9%

Shares of TSE MRC traded up C$1.00 on Thursday, hitting C$115.00. The company had a trading volume of 1,700 shares, compared to its average volume of 3,163. Morguard Co. has a 12-month low of C$111.55 and a 12-month high of C$127.40. The business has a 50 day moving average of C$116.51 and a two-hundred day moving average of C$118.03. The company has a quick ratio of 0.13, a current ratio of 0.42 and a debt-to-equity ratio of 123.43. The firm has a market capitalization of C$1.23 billion, a P/E ratio of 5.96 and a beta of 0.15.

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

About Morguard

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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