Insider Selling: National Bank of Canada (NA) Insider Sells 14,200 Shares of Stock

National Bank of Canada (TSE:NA) insider Dominique Fagnoule sold 14,200 shares of the company’s stock in a transaction dated Friday, December 8th. The stock was sold at an average price of C$64.20, for a total value of C$911,640.00.

Shares of National Bank of Canada (TSE NA) traded up C$0.05 during trading on Monday, reaching C$64.19. The company had a trading volume of 574,926 shares, compared to its average volume of 1,083,124. National Bank of Canada has a 52 week low of C$51.41 and a 52 week high of C$64.39.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 1st. Investors of record on Wednesday, December 27th will be given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 3.74%. This is a positive change from National Bank of Canada’s previous quarterly dividend of $0.58. National Bank of Canada’s dividend payout ratio is presently 42.38%.

A number of equities analysts have commented on NA shares. Royal Bank of Canada increased their target price on National Bank of Canada from C$62.00 to C$65.00 and gave the company an “outperform” rating in a report on Thursday, August 31st. Canaccord Genuity increased their target price on National Bank of Canada from C$62.00 to C$66.00 in a report on Wednesday, November 1st. CIBC increased their price target on National Bank of Canada from C$62.00 to C$68.00 in a report on Monday, November 13th. BMO Capital Markets increased their price target on National Bank of Canada from C$60.00 to C$61.00 and gave the company a “market perform” rating in a report on Thursday, August 31st. Finally, Desjardins increased their price target on National Bank of Canada from C$62.00 to C$64.00 in a report on Monday, December 4th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of C$64.50.

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National Bank of Canada Company Profile

Insider Buying and Selling by Quarter for National Bank of Canada (TSE:NA)

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