Andrew Barnard Sells 439 Shares of Fairfax Financial Holdings Limited (TSE:FFH) Stock

Fairfax Financial Holdings Limited (TSE:FFH) insider Andrew Barnard sold 439 shares of the company’s stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of C$1,136.00, for a total transaction of C$498,704.00.

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

• 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 value of C$2,882,388.96.

Fairfax Financial Price Performance

FFH stock traded down C$16.00 during trading on Wednesday, reaching C$1,546.28. 25,709 shares of the company were exchanged, compared to its average volume of 77,059. Fairfax Financial Holdings Limited has a twelve month low of C$911.02 and a twelve month high of C$1,563.67. The company has a debt-to-equity ratio of 37.45, a current ratio of 3.87 and a quick ratio of 0.93. The company has a market capitalization of C$34.14 billion, a price-to-earnings ratio of 7.36, a P/E/G ratio of 0.27 and a beta of 0.86. The company has a 50-day moving average of C$1,492.10 and a two-hundred day moving average of C$1,342.76.

Fairfax Financial (TSE:FFH) last announced its quarterly earnings results on Thursday, February 15th. The company reported C$71.98 EPS for the quarter, missing analysts’ consensus estimates of C$81.40 by C($9.42). The firm 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, equities analysts predict that Fairfax Financial Holdings Limited will post 193.642409 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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