Patrick Joseph Thera Sells 7,000 Shares of Calian Group Ltd (CGY) Stock

Calian Group Ltd (TSE:CGY) insider Patrick Joseph Thera sold 7,000 shares of the stock in a transaction on Monday, December 4th. The stock was sold at an average price of C$32.16, for a total transaction of C$225,120.00.

Calian Group Ltd (TSE:CGY) opened at C$32.05 on Wednesday. Calian Group Ltd has a 12 month low of C$23.92 and a 12 month high of C$34.95.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 13th. Investors of record on Wednesday, December 13th will be paid a dividend of $0.28 per share. The ex-dividend date of this dividend is Tuesday, November 28th. This represents a $1.12 annualized dividend and a yield of 3.49%. Calian Group’s dividend payout ratio is currently 55.72%.

Several research analysts recently issued reports on CGY shares. Desjardins increased their target price on shares of Calian Group from C$35.00 to C$37.00 and gave the stock a “buy” rating in a research note on Thursday, November 16th. Acumen Capital raised their price target on shares of Calian Group from C$36.00 to C$38.00 in a research report on Monday, November 20th.

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Calian Group Company Profile

Calian Group Ltd. engages in systems engineering, and business and technology services activities in Canada, the United States, and Europe. The company’s Systems Engineering segment plans, designs, and implements solutions in the satellite communications, defense/security, and high-end telecommunications sectors.

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