Insider Selling: Stantec Inc. (STN) Director Sells 3,500 Shares of Stock

Stantec Inc. (TSE:STN) (NYSE:STN) Director Carl Frank Clayton sold 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, July 4th. The stock was sold at an average price of C$32.56, for a total transaction of C$113,960.00.

Carl Frank Clayton also recently made the following trade(s):

  • On Thursday, July 6th, Carl Frank Clayton sold 2,500 shares of Stantec stock. The shares were sold at an average price of C$31.12, for a total transaction of C$77,800.00.
  • On Thursday, June 15th, Carl Frank Clayton sold 10,000 shares of Stantec stock. The shares were sold at an average price of C$31.30, for a total transaction of C$313,000.00.

Shares of Stantec Inc. (STN) opened at 31.99 on Tuesday. The stock’s 50 day moving average is $31.73 and its 200 day moving average is $33.97. Stantec Inc. has a 12 month low of $28.74 and a 12 month high of $36.85. The company has a market cap of $3.65 billion and a P/E ratio of 85.53.

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STN has been the topic of several analyst reports. Desjardins upgraded shares of Stantec from a “hold” rating to a “buy” rating and set a C$39.00 price objective on the stock in a report on Friday, May 12th. TD Securities restated a “hold” rating and issued a C$38.00 price objective on shares of Stantec in a report on Wednesday, March 22nd. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a C$34.00 target price on shares of Stantec in a research note on Thursday, June 22nd. Raymond James Financial, Inc. lowered their target price on shares of Stantec from C$39.00 to C$35.00 and set an “outperform” rating for the company in a research note on Friday, May 12th. Finally, Scotiabank reaffirmed an “outperform” rating and issued a C$40.00 target price on shares of Stantec in a research note on Wednesday, March 22nd. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of C$35.75.

About Stantec

Stantec Inc is a provider of professional services in the area of infrastructure and facilities for clients in the public and private sectors. The Company’s operates through four segments Consulting Services-Canada, Consulting Services-United States, Consulting Services-Global and Construction Services.

Insider Buying and Selling by Quarter for Stantec (TSE:STN)

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