Absolute Software (ABT) Insider Sells C$25,248.00 in Stock

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Absolute Software (TSE:ABT) insider Todd Wakerley sold 3,200 shares of the firm’s stock in a transaction dated Tuesday, September 4th. The stock was sold at an average price of C$7.89, for a total transaction of C$25,248.00.

Todd Wakerley also recently made the following trade(s):

  • On Thursday, September 6th, Todd Wakerley sold 2,676 shares of Absolute Software stock. The stock was sold at an average price of C$7.89, for a total transaction of C$21,113.64.

TSE ABT traded down C$0.06 during trading on Friday, hitting C$7.74. The stock had a trading volume of 14,745 shares, compared to its average volume of 50,334. Absolute Software has a one year low of C$6.06 and a one year high of C$8.82.

Absolute Software (TSE:ABT) last announced its quarterly earnings data on Monday, August 13th. The company reported C$0.08 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.01 by C$0.07. The firm had revenue of C$31.07 million during the quarter, compared to the consensus estimate of C$31.60 million.

The business also recently announced a quarterly dividend, which was paid on Thursday, August 23rd. Stockholders of record on Thursday, August 2nd were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 4.13%. The ex-dividend date of this dividend was Wednesday, August 1st.

Several brokerages have issued reports on ABT. Canaccord Genuity raised their price objective on shares of Absolute Software from C$7.50 to C$8.00 in a research note on Tuesday, August 14th. National Bank Financial raised their price objective on shares of Absolute Software from C$7.00 to C$7.50 and gave the stock a “sector perform” rating in a research note on Tuesday, August 14th. BMO Capital Markets raised their price objective on shares of Absolute Software from C$7.50 to C$8.00 and gave the stock a “market perform” rating in a research note on Tuesday, August 14th. Pi Financial raised their price objective on shares of Absolute Software from C$8.25 to C$10.00 in a research note on Tuesday, August 14th. Finally, Industrial Alliance Securities raised their price objective on shares of Absolute Software from C$10.25 to C$10.50 in a research note on Tuesday, August 14th.

Absolute Software Company Profile

Absolute Software Corporation develops, markets, and supports endpoint management and data security solutions for endpoint computing devices in Canada, the United States, and internationally. Its software-as-a-service solutions enable customers to secure endpoints, assess risk, and respond to security threats.

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Insider Buying and Selling by Quarter for Absolute Software (TSE:ABT)

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