Information Services Corp (ISV) Director Anthony Robert Guglielmin Purchases 2,500 Shares

Information Services Corp (TSE:ISV) Director Anthony Robert Guglielmin bought 2,500 shares of Information Services stock in a transaction on Wednesday, November 28th. The stock was acquired at an average cost of C$16.20 per share, for a total transaction of C$40,500.00.

Shares of ISV stock traded up C$0.30 during trading hours on Friday, reaching C$16.36. The company’s stock had a trading volume of 1,400 shares, compared to its average volume of 6,272. Information Services Corp has a fifty-two week low of C$14.36 and a fifty-two week high of C$18.90. The company has a quick ratio of 1.31, a current ratio of 1.41 and a debt-to-equity ratio of 18.69.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 15th. Shareholders of record on Monday, December 31st will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.89%. The ex-dividend date of this dividend is Friday, December 28th. Information Services’s dividend payout ratio is presently 40.98%.

Separately, CIBC reduced their target price on Information Services from C$21.00 to C$19.00 in a report on Thursday, August 9th.

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Information Services Company Profile

Information Services Corporation, together with its subsidiaries, provides registry and information management services, and software solutions to governments and private sector organizations in Canada and internationally. It operates through two segments, Registries and Services. The company provides land titles registry services that issues titles to land and registers transactions affecting titles, including changes of ownership and the registration of interests in land; land surveys directory that plans and creates a representation of Saskatchewan land parcels in the cadastral parcel mapping system; and geomatics services that manages geographic data in relation to the cadastral parcel mapping system.

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