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

Key Points

• Insider buying: Sime Armoyan purchased 300 Morguard shares at C$114.16 each, increasing his holdings to 1,460,023 shares valued at approximately C$166.7 million.
• Armoyan has made several additional purchases since late August, including 34,200 shares on August 31 for C$3.57 million, indicating sustained insider buying activity.
• Stock and financials: Morguard shares recently traded at C$115.99, while the company reported quarterly revenue of C$273.12 million and earnings of C$7.93 per share. Analysts expect full-year earnings of about C$26.15 per share.

Morguard Co. (TSE:MRC - Get Free Report) insider Sime Armoyan acquired 300 shares of the company's stock in a transaction that occurred on Monday, September 14th. The shares were acquired at an average price of C$114.16 per share, with a total value of C$34,248.00. Following the completion of the transaction, the insider owned 1,460,023 shares in the company, valued at C$166,676,225.68. The trade was a 0.02% increase in their ownership of the stock.

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

• On Thursday, September 10th, Sime Armoyan bought 300 shares of Morguard stock. The stock was acquired at an average price of C$114.00 per share, for a total transaction of C$34,200.00.
• On Wednesday, September 9th, Sime Armoyan bought 1,500 shares of Morguard stock. The stock was acquired at an average price of C$114.00 per share, for a total transaction 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 bought 34,200 shares of Morguard stock. The stock was bought 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 purchased 16,200 shares of Morguard stock. The stock was bought 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 purchased 5,200 shares of Morguard stock. The stock was bought at an average price of C$114.75 per share, for a total transaction of C$596,700.00.
• On Monday, August 24th, Sime Armoyan purchased 1,800 shares of Morguard stock. The shares were bought at an average cost of C$114.75 per share, for a total transaction 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, with a total value of C$57,375.00.

Morguard Price Performance

TSE:MRC traded up C$1.86 on Tuesday, hitting C$115.99. The company had a trading volume of 300 shares, compared to its average volume of 3,190. The stock has a market capitalization of C$1.24 billion, a price-to-earnings ratio of 6.02 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 has a 50 day moving average of C$116.06 and a two-hundred day moving average of 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 posted its earnings results on Wednesday, August 5th. The real estate investment trust reported C$7.93 earnings per share for the quarter. The firm had revenue of C$273.12 million for the quarter. Morguard had a net margin of 18.49% and a return on equity of 4.61%. On average, research analysts anticipate that Morguard Co. will post 26.1506276 earnings per share for the current 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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