E-L Financial (TSE:ELF) Insider Purchases C$97,014.00 in Stock

E-L Financial Co. Limited (TSE:ELF) insider E-L Financial Corporation Limited acquired 5,700 shares of the company’s stock in a transaction on Friday, May 29th. The shares were bought at an average cost of C$17.02 per share, with a total value of C$97,014.00. Following the acquisition, the insider directly owned 5,700 shares in the company, valued at approximately C$97,014. The trade was a ∞ increase in their ownership of the stock.

E-L Financial Corporation Limited also recently made the following trade(s):

• On Wednesday, May 27th, E-L Financial Corporation Limited acquired 6,400 shares of E-L Financial stock. The shares were bought at an average cost of C$17.11 per share, with a total value of C$109,504.00.
• On Thursday, May 28th, E-L Financial Corporation Limited acquired 1,200 shares of E-L Financial stock. The shares were bought at an average cost of C$16.96 per share, with a total value of C$20,352.00.

E-L Financial Stock Up 1.4%

ELF opened at C$17.20 on Friday. The firm has a 50-day simple moving average of C$16.84 and a two-hundred day simple moving average of C$16.84. E-L Financial Co. Limited has a 52 week low of C$14.31 and a 52 week high of C$18.97. The company has a market capitalization of C$5.95 billion, a PE ratio of 5.23 and a beta of 1.37.

E-L Financial (TSE:ELF) last released its quarterly earnings data on Thursday, May 14th. The insurance provider reported C$0.09 EPS for the quarter. E-L Financial had a net margin of 53.61% and a return on equity of 13.53%. The business had revenue of C$436.86 million during the quarter. As a group, sell-side analysts expect that E-L Financial Co. Limited will post 0.25 earnings per share for the current year.

E-L Financial Company Profile

E-L Financial Corp Ltd operates as an investment and insurance holding company. The firm organizes itself into two segments namely E-L Corporate and Empire Life. The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds, and annuity products whereas, the E-L Corporate segment operations include the oversight of investments in global equities held through holdings of common shares, investment funds, closed-end investment companies, and other private companies.