Insider Selling: National Bank of Canada (NA) Insider Sells C$911,640.00 in Stock

National Bank of Canada (TSE:NA) insider Dominique Fagnoule sold 14,200 shares of the stock in a transaction that occurred on Friday, December 8th. The shares were 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) opened at C$63.94 on Thursday. National Bank of Canada has a one year low of C$51.41 and a one year high of C$64.39.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 1st. Shareholders of record on Wednesday, December 27th will be paid a dividend of $0.60 per share. This is a boost from National Bank of Canada’s previous quarterly dividend of $0.58. This represents a $2.40 annualized dividend and a yield of 3.75%. National Bank of Canada’s dividend payout ratio (DPR) is 42.38%.

Several equities research analysts recently commented on the company. Scotiabank increased their price target on National Bank of Canada from C$60.00 to C$61.00 and gave the company an “outperform” rating in a report on Monday, August 21st. TD Securities increased their price target on National Bank of Canada from C$64.00 to C$66.00 and gave the company a “hold” rating in a report on Monday, December 4th. BMO Capital Markets reaffirmed a “market perform” rating and issued a C$66.00 price target on shares of National Bank of Canada in a report on Tuesday. Eight Capital cut National Bank of Canada from a “buy” rating to a “neutral” rating and increased their price target for the company from C$66.00 to C$67.00 in a report on Monday, December 4th. Finally, Canaccord Genuity increased their price target on National Bank of Canada from C$66.00 to C$68.00 in a report on Monday, December 4th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. National Bank of Canada has a consensus rating of “Hold” and an average target price of C$64.50.

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About National Bank of Canada

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

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