Morguard (TSE:MRC) Insider Sime Armoyan Buys 300 Shares

Key Points

• Insider Sime Armoyan bought 300 Morguard shares at C$114 each, investing C$34,200. Following the transaction, he directly owned 1,459,723 shares valued at approximately C$166.4 million.
• Armoyan has made a series of purchases recently, acquiring a combined 61,400 shares for approximately C$6.68 million across the transactions listed.
• Morguard shares closed at C$114.01, near the lower end of their 52-week range of C$111.55 to C$127.40. The company recently reported quarterly revenue of C$273.12 million and earnings of C$7.93 per share.

Morguard Co. (TSE:MRC - Get Free Report) insider Sime Armoyan acquired 300 shares of the stock in a transaction dated Thursday, September 10th. The stock was acquired at an average price of C$114.00 per share, for a total transaction of C$34,200.00. Following the purchase, the insider directly owned 1,459,723 shares in the company, valued at approximately C$166,408,422. This trade represents a 0.02% increase in their ownership of the stock.

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

• On Wednesday, September 9th, Sime Armoyan bought 1,500 shares of Morguard stock. The shares were acquired 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 bought 1,700 shares of Morguard stock. The shares were acquired at an average cost 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, for a total transaction of C$3,567,060.00.
• On Friday, August 28th, Sime Armoyan purchased 16,200 shares of Morguard stock. The shares were acquired at an average price of C$114.69 per share, for a total transaction of C$1,857,978.00.
• On Wednesday, August 26th, Sime Armoyan acquired 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 acquired 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 stock was bought at an average price of C$114.75 per share, with a total value of C$57,375.00.

Morguard Stock Performance

Morguard stock traded down C$0.99 during trading on Friday, reaching C$114.01. The company had a trading volume of 600 shares, compared to its average volume of 3,148. The firm has a market capitalization of C$1.22 billion, a price-to-earnings ratio of 5.91 and a beta of 0.15. 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's 50-day simple moving average is C$116.37 and its 200 day simple moving average is C$118.03. Morguard Co. has a 52 week low of C$111.55 and a 52 week high of C$127.40.

Morguard (TSE:MRC - Get Free Report) last issued its quarterly 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 business had revenue of C$273.12 million during the quarter. Sell-side 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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