Insider Selling: Finning International Inc. (TSE:FTT) Senior Officer Sells 3,172 Shares of Stock

Finning International Inc. (TSE:FTT - Get Free Report) Senior Officer Gregory Palaschuk sold 3,172 shares of the business's stock in a transaction dated Monday, June 16th. The stock was sold at an average price of C$54.80, for a total transaction of C$173,825.60.

Gregory Palaschuk also recently made the following trade(s):

• On Thursday, May 15th, Gregory Palaschuk sold 200 shares of Finning International stock. The shares were sold at an average price of C$51.33, for a total value of C$10,266.00.

Finning International Stock Performance

FTT traded down C$0.01 during trading on Wednesday, hitting C$55.11. The stock had a trading volume of 90,818 shares, compared to its average volume of 476,244. The company has a debt-to-equity ratio of 98.14, a current ratio of 1.65 and a quick ratio of 0.59. The company has a 50 day moving average price of C$45.53 and a 200-day moving average price of C$41.60. Finning International Inc. has a one year low of C$34.59 and a one year high of C$56.13. The firm has a market cap of C$7.57 billion, a price-to-earnings ratio of 15.41, a P/E/G ratio of 0.56 and a beta of 1.55.

Analyst Ratings Changes

FTT has been the topic of several analyst reports. Scotiabank upped their target price on Finning International from C$48.00 to C$55.00 and gave the stock an "outperform" rating in a report on Thursday, May 22nd. Raymond James Financial boosted their price target on Finning International from C$50.00 to C$56.50 and gave the stock an "outperform" rating in a research report on Thursday, May 22nd. National Bank Financial downgraded Finning International from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 21st. Canaccord Genuity Group raised their target price on shares of Finning International from C$55.00 to C$60.00 and gave the company a "buy" rating in a research note on Thursday, May 22nd. Finally, TD Securities upped their price target on shares of Finning International from C$50.00 to C$57.00 and gave the stock a "buy" rating in a research report on Thursday, May 22nd. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, Finning International presently has a consensus rating of "Moderate Buy" and an average target price of C$54.94.

Finning International Company Profile

Finning International Inc sells, services, and rents heavy equipment, engines, and related products in Canada, Chile, Bolivia, the United Kingdom, Argentina, Ireland, and internationally. The company offers articulated trucks, asphalt pavers, backhoe loaders, cold planers, compactors, dozers, drills, electric rope shovels, excavators, hydraulic mining shovels, material handlers, motor graders, off-highway trucks, pipelayers, road reclaimers, skid steer and compact track loaders, track loaders, underground-hard rock, wheel loaders, and wheel tractor-scrapers, as well as mobile and stationary generator sets.

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