Insider Selling: Parkland Co. (TSE:PKI) Senior Officer Sells 5,000 Shares of Stock

Parkland Co. (TSE:PKI) Senior Officer Darren Robert Smart sold 5,000 shares of the company’s stock in a transaction on Monday, March 17th. The shares were sold at an average price of C$36.76, for a total value of C$183,800.00.

Parkland Stock Down 0.1 %

Shares of Parkland stock opened at C$36.87 on Friday. Parkland Co. has a 1 year low of C$30.09 and a 1 year high of C$43.99. The business has a 50-day moving average of C$35.42 and a two-hundred day moving average of C$34.88. The company has a market capitalization of C$6.43 billion, a P/E ratio of 26.57, a price-to-earnings-growth ratio of 11.79 and a beta of 1.33. The company has a debt-to-equity ratio of 199.87, a current ratio of 1.39 and a quick ratio of 0.73.

Analyst Ratings Changes

Several equities analysts have recently issued reports on PKI shares. CIBC upped their price target on Parkland from C$49.00 to C$50.00 and gave the company an “outperform” rating in a research note on Friday, March 7th. JPMorgan Chase & Co. cut their price target on Parkland from C$58.00 to C$55.00 and set an “overweight” rating on the stock in a research note on Tuesday. Finally, National Bankshares upped their price objective on Parkland from C$41.00 to C$42.00 and gave the company an “outperform” rating in a report on Friday, March 7th. Nine investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of C$48.08.

Parkland Company Profile

Parkland Corp distributes and markets fuels and lubricants. Refined fuels and other petroleum products are among the variety of offerings the company delivers to motorists, businesses, consumers, and wholesalers in the United States and Canada. Parkland operates through several subsidiaries that are either company owned-and retailer-operated, dealer-owned and dealer-operated, or dealer-cosigned and dealer-operated.