Insider Selling: IGM Financial (TSE:IGM) Director Sells 1,300 Shares of Stock

IGM Financial Inc. (TSE:IGM) Director Kelly Hepher sold 1,300 shares of the stock in a transaction on Monday, May 11th. The stock was sold at an average price of C$77.43, for a total value of C$100,659.00. Following the completion of the sale, the director owned 700 shares of the company’s stock, valued at C$54,201. The trade was a 65.00% decrease in their position.

Kelly Hepher also recently made the following trade(s):

• On Monday, May 11th, Kelly Hepher sold 700 shares of IGM Financial stock. The shares were sold at an average price of C$77.39, for a total transaction of C$54,173.00.

IGM Financial Price Performance

IGM stock traded up C$1.26 during mid-day trading on Thursday, hitting C$78.06. The company had a trading volume of 169,111 shares, compared to its average volume of 474,736. The company has a 50-day moving average price of C$69.38 and a 200 day moving average price of C$64.36. IGM Financial Inc. has a 12-month low of C$42.13 and a 12-month high of C$78.43. The company has a market capitalization of C$18.15 billion, a price-to-earnings ratio of 16.06, a P/E/G ratio of 4.09 and a beta of 0.97. The company has a quick ratio of 0.31, a current ratio of 1.36 and a debt-to-equity ratio of 81.91.

IGM Financial (TSE:IGM) last posted its earnings results on Thursday, May 7th. The financial services provider reported C$1.20 EPS for the quarter. IGM Financial had a return on equity of 13.19% and a net margin of 29.97%.The company had revenue of C$1.00 million for the quarter. On average, research analysts anticipate that IGM Financial Inc. will post 4.006816 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have issued reports on IGM. Canadian Imperial Bank of Commerce upped their price objective on IGM Financial from C$68.00 to C$76.00 in a research report on Wednesday, April 29th. TD raised their price target on IGM Financial from C$80.00 to C$86.00 and gave the stock a “buy” rating in a research report on Monday. Scotiabank lifted their price objective on shares of IGM Financial from C$69.00 to C$76.00 in a research note on Tuesday, April 28th. TD Securities raised their target price on shares of IGM Financial from C$73.00 to C$76.00 and gave the stock a “buy” rating in a report on Tuesday, February 17th. Finally, BMO Capital Markets raised their price objective on shares of IGM Financial from C$68.00 to C$72.00 in a research note on Wednesday, April 29th. Three research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of C$73.75.

About IGM Financial

Mackenzie Investments (“Mackenzie”) is a Canadian investment management firm with approximately $244 billion (CAD) in assets under management as of December 31, 2025. Mackenzie seeks to create a more invested world by delivering strong investment performance and offering innovative portfolio solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, it is a global asset manager with offices across Canada as well as in Beijing, Boston, Dublin, Hong Kong and London.