Chorus Aviation Inc (TSE:CHR) Insider Sells C$190,120.00 in Stock

Chorus Aviation Inc (TSE:CHR) insider Colin Copp sold 19,400 shares of the stock in a transaction dated Friday, November 17th. The shares were sold at an average price of C$9.80, for a total value of C$190,120.00.

Colin Copp also recently made the following trade(s):

  • On Monday, November 20th, Colin Copp sold 2,000 shares of Chorus Aviation stock. The shares were sold at an average price of C$9.80, for a total value of C$19,600.00.
  • On Tuesday, November 14th, Colin Copp sold 24,100 shares of Chorus Aviation stock. The shares were sold at an average price of C$9.80, for a total value of C$236,180.00.

Shares of Chorus Aviation Inc (TSE CHR) traded down C$0.07 during midday trading on Thursday, hitting C$9.63. The company had a trading volume of 223,742 shares, compared to its average volume of 309,681. Chorus Aviation Inc has a 1-year low of C$6.42 and a 1-year high of C$9.80.

The business also recently declared a monthly dividend, which will be paid on Monday, December 18th. Investors of record on Thursday, November 30th will be issued a $0.04 dividend. This represents a $0.48 annualized dividend and a dividend yield of 4.98%. The ex-dividend date of this dividend is Wednesday, November 29th. Chorus Aviation’s dividend payout ratio (DPR) is 38.10%.

A number of research analysts have commented on the company. CIBC increased their target price on Chorus Aviation from C$8.25 to C$8.75 and gave the stock an “outperform” rating in a report on Friday, August 11th. National Bank Financial reduced their target price on Chorus Aviation from C$10.00 to C$8.50 and set an “outperform” rating on the stock in a report on Thursday, August 24th. Royal Bank Of Canada increased their target price on Chorus Aviation from C$8.00 to C$8.50 and gave the stock an “outperform” rating in a report on Friday, August 11th. Scotiabank reduced their target price on Chorus Aviation from C$10.00 to C$8.50 and set an “outperform” rating on the stock in a report on Tuesday, August 29th. Finally, TD Securities increased their target price on Chorus Aviation from C$8.50 to C$9.50 and gave the stock a “buy” rating in a report on Friday, August 11th. Six investment analysts have rated the stock with a buy rating, Chorus Aviation currently has an average rating of “Buy” and a consensus price target of C$9.71.

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Chorus Aviation Company Profile

Chorus Aviation Inc, through its subsidiaries, engages in the airline business in Canada and the United States. It operates scheduled passenger service on behalf of Air Canada under the Air Canada Express brand name with approximately 658 departures per weekday to 58 destinations in Canada, as well as 12 destinations in the United States.

Insider Buying and Selling by Quarter for Chorus Aviation (TSE:CHR)

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