Robert Matthew Feingold Buys 10,000 Shares of Aimia (TSE:AIM) Stock

Key Points

• Director Robert Matthew Feingold purchased 10,000 Aimia shares at an average price of C$2.80, investing C$28,000 and increasing his stake by 6.65% to 160,362 shares.
• Aimia shares rose 1.1% to C$2.75, while the company reported quarterly revenue of C$36.40 million and EPS of C$0.11. Its stock remains below the 12-month high of C$3.44.
• Analyst sentiment is moderately bullish: Jefferies assigned a “Buy” rating with a C$3.75 price target, while the consensus target is C$3.38.

Aimia Inc. (TSE:AIM - Get Free Report) Director Robert Matthew Feingold bought 10,000 shares of the business's stock in a transaction on Friday, August 14th. The stock was purchased at an average price of C$2.80 per share, for a total transaction of C$28,000.00. Following the completion of the acquisition, the director owned 160,362 shares of the company's stock, valued at approximately C$449,013.60. This trade represents a 6.65% increase in their position.

Aimia Trading Up 1.1%

Shares of AIM stock traded up C$0.03 on Friday, hitting C$2.75. The stock had a trading volume of 30,347 shares, compared to its average volume of 53,399. The company has a current ratio of 1.96, a quick ratio of 83.33 and a debt-to-equity ratio of 47.02. Aimia Inc. has a twelve month low of C$2.48 and a twelve month high of C$3.44. The company has a fifty day moving average price of C$2.73 and a two-hundred day moving average price of C$2.81. The firm has a market cap of C$243.10 million, a P/E ratio of -18.33, a PEG ratio of -2.30 and a beta of 0.17.

Aimia (TSE:AIM - Get Free Report) last issued its quarterly earnings data on Tuesday, August 11th. The company reported C$0.11 EPS for the quarter. Aimia had a negative return on equity of 3.98% and a negative net margin of 3.17%.The business had revenue of C$36.40 million for the quarter. As a group, analysts forecast that Aimia Inc. will post 0.0149339 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Jefferies Financial Group set a C$3.75 price objective on Aimia and gave the company a "buy" rating in a research report on Wednesday. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of C$3.38.

Aimia Company Profile

Aimia Inc TSX: AIM is a holding company that makes long-term investments in private and public businesses through controlling or minority stakes. We target companies with durable economic advantages evidenced by a track record of substantial free cash flow generation over complete business cycles, strong growth prospects, and guided by strong, experienced management teams. Headquartered in Toronto, Canada, Aimia is positioned to invest in any sector, wherever a suitable opportunity can be identified worldwide.

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