Insider Selling: Fairfax Financial Holdings Limited (TSE:FFH) Insider Sells 500 Shares of Stock

Fairfax Financial Holdings Limited (TSE:FFH - Get Free Report) insider Andrew Barnard sold 500 shares of the stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of C$1,150.00, for a total value of C$575,000.00.

Andrew Barnard also recently made the following trade(s):

• On Tuesday, May 7th, Andrew Barnard sold 439 shares of Fairfax Financial stock. The stock was sold at an average price of C$1,136.00, for a total transaction of C$498,704.00.
• On Friday, March 15th, Andrew Barnard sold 2,572 shares of Fairfax Financial stock. The shares were sold at an average price of C$1,120.68, for a total transaction of C$2,882,388.96.

Fairfax Financial Price Performance

FFH stock traded up C$8.57 during mid-day trading on Friday, hitting C$1,571.02. The stock had a trading volume of 21,062 shares, compared to its average volume of 76,277. The firm has a fifty day simple moving average of C$1,496.69 and a 200 day simple moving average of C$1,345.74. Fairfax Financial Holdings Limited has a 52 week low of C$921.23 and a 52 week high of C$1,580.01. The company has a current ratio of 3.87, a quick ratio of 0.93 and a debt-to-equity ratio of 37.45. The firm has a market capitalization of C$34.69 billion, a P/E ratio of 7.40, a P/E/G ratio of 0.27 and a beta of 0.86.

Fairfax Financial (TSE:FFH - Get Free Report) last released its earnings results on Thursday, February 15th. The company reported C$71.98 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$81.40 by C($9.42). The business had revenue of C$9.40 billion during the quarter, compared to the consensus estimate of C$10.25 billion. Fairfax Financial had a net margin of 12.26% and a return on equity of 17.26%. As a group, research analysts forecast that Fairfax Financial Holdings Limited will post 193.642409 EPS for the current year.

Analysts Set New Price Targets

Several research firms have recently commented on FFH. Royal Bank of Canada increased their price objective on Fairfax Financial from C$1,200.00 to C$1,275.00 and gave the company an "outperform" rating in a report on Monday. National Bankshares lifted their price objective on shares of Fairfax Financial from C$2,000.00 to C$2,100.00 and gave the company an "outperform" rating in a research report on Tuesday, April 30th. Scotiabank lowered their price objective on shares of Fairfax Financial from C$2,000.00 to C$1,950.00 and set an "outperform" rating on the stock in a research note on Monday. BMO Capital Markets raised their target price on shares of Fairfax Financial from C$1,650.00 to C$1,800.00 in a research note on Monday. Finally, Cormark boosted their price target on Fairfax Financial from C$1,600.00 to C$1,800.00 in a research report on Thursday, April 18th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of C$1,820.83.

About Fairfax Financial

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.