Clairvest Group (TSE:CVG) Issues Quarterly Earnings Results

Clairvest Group (TSE:CVG) issued its earnings results on Wednesday. The company reported C$2.08 EPS for the quarter, FiscalAI reports. The firm had revenue of C$46.77 million during the quarter. Clairvest Group had a net margin of 81.94% and a return on equity of 11.06%.

Clairvest Group Price Performance

Shares of CVG stock opened at C$85.00 on Thursday. Clairvest Group has a 12-month low of C$69.81 and a 12-month high of C$87.00. The firm has a market capitalization of C$1.14 billion, a price-to-earnings ratio of 8.38 and a beta of -0.00. The firm has a fifty day moving average of C$82.78 and a 200-day moving average of C$77.71.

Insider Activity at Clairvest Group

In other Clairvest Group news, insider James Miller acquired 310 shares of the company’s stock in a transaction that occurred on Tuesday, October 20th. The shares were acquired at an average price of C$85.00 per share, with a total value of C$26,350.00. Following the purchase, the insider owned 2,175 shares of the company’s stock, valued at C$184,875. This represents a 16.62% increase in their position. 82.27% of the stock is currently owned by corporate insiders.

Clairvest Group Company Profile

Clairvest’s mission is to partner with entrepreneurs to help them build strategically significant businesses. Founded in 1987 by a group of successful Canadian entrepreneurs, Clairvest is a top performing private equity management firm with over CAD $4.6 billion of capital under management. Clairvest invests its own capital and that of third parties through the Clairvest Equity Partners limited partnerships in owner-led businesses. Under the current management team, Clairvest has initiated investments in 74 different platform companies and generated top quartile performance over an extended period.