IGM Financial (TSE:IGM) Insider Rhonda Goldberg Sells 3,347 Shares

IGM Financial Inc. (TSE:IGM) insider Rhonda Goldberg sold 3,347 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of C$77.10, for a total transaction of C$258,053.70. Following the sale, the insider owned 6,052 shares in the company, valued at approximately C$466,609.20. This trade represents a 35.61% decrease in their position.

Rhonda Goldberg also recently made the following trade(s):

• On Monday, May 11th, Rhonda Goldberg sold 3,284 shares of IGM Financial stock. The stock was sold at an average price of C$76.10, for a total transaction of C$249,912.40.

IGM Financial Trading Down 0.8%

TSE IGM traded down C$0.65 during mid-day trading on Friday, reaching C$77.68. 181,354 shares of the stock were exchanged, compared to its average volume of 472,587. IGM Financial Inc. has a 1-year low of C$42.13 and a 1-year high of C$78.43. The business’s fifty day simple moving average is C$69.60 and its 200 day simple moving average is C$64.53. The stock has a market capitalization of C$18.20 billion, a PE ratio of 15.98, a PEG ratio of 4.09 and a beta of 0.97. The company has a debt-to-equity ratio of 81.91, a quick ratio of 0.31 and a current ratio of 1.36.

IGM Financial (TSE:IGM) last announced its earnings results on Thursday, May 7th. The financial services provider reported C$1.20 earnings per share (EPS) for the quarter. IGM Financial had a net margin of 29.97% and a return on equity of 13.19%. The firm had revenue of C$1.00 million for the quarter. On average, research analysts anticipate that IGM Financial Inc. will post 4.006816 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Canadian Imperial Bank of Commerce increased their price target on shares of IGM Financial from C$68.00 to C$76.00 in a research note on Wednesday, April 29th. TD increased their price target on shares of IGM Financial from C$80.00 to C$86.00 and gave the stock a “buy” rating in a research note on Monday. TD Securities increased their price target on shares of IGM Financial from C$73.00 to C$76.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. BMO Capital Markets increased their price target on shares of IGM Financial from C$68.00 to C$72.00 in a research note on Wednesday, April 29th. Finally, Scotiabank increased their price target on shares of IGM Financial from C$69.00 to C$76.00 in a research note on Tuesday, April 28th. Three investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of C$73.75.

About IGM Financial

Mackenzie Investments (“Mackenzie”) is a Canadian investment management firm with approximately $244 billion (CAD) in assets under management as of December 31, 2025. Mackenzie seeks to create a more invested world by delivering strong investment performance and offering innovative portfolio solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, it is a global asset manager with offices across Canada as well as in Beijing, Boston, Dublin, Hong Kong and London.