CanWel Building Materials Group Ltd (TSE:CWX) Director Marc Seguin bought 10,000 shares of the company’s stock in a transaction dated Friday, September 21st. The shares were acquired at an average cost of C$5.70 per share, with a total value of C$57,000.00.

Shares of CWX stock traded up C$0.07 on Tuesday, hitting C$5.77. 155,099 shares of the stock traded hands, compared to its average volume of 168,130. CanWel Building Materials Group Ltd has a twelve month low of C$5.57 and a twelve month high of C$7.50.

CanWel Building Materials Group (TSE:CWX) last announced its quarterly earnings results on Wednesday, August 1st. The company reported C$0.19 earnings per share for the quarter, missing the consensus estimate of C$0.21 by C($0.02). The firm had revenue of C$382.10 million for the quarter, compared to analyst estimates of C$415.20 million. CanWel Building Materials Group had a net margin of 3.65% and a return on equity of 15.13%.

CWX has been the subject of a number of research reports. Canaccord Genuity dropped their target price on shares of CanWel Building Materials Group from C$7.75 to C$7.50 in a report on Thursday, August 2nd. Raymond James lowered their price target on shares of CanWel Building Materials Group from C$8.00 to C$7.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 12th. CIBC boosted their price target on shares of CanWel Building Materials Group from C$6.50 to C$7.00 in a research report on Thursday, July 12th. Finally, National Bank Financial lowered their price target on shares of CanWel Building Materials Group from C$8.50 to C$7.50 and set an “outperform” rating on the stock in a research report on Friday, September 14th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. CanWel Building Materials Group currently has a consensus rating of “Buy” and an average price target of C$7.20.

About CanWel Building Materials Group

CanWel Building Materials Group Ltd., through its subsidiaries, distributes building materials and home renovation products in Canada, Hawaii, and the Western United States. It operates through two segments, Building Materials Distribution and Forestry. The company sells adhesives; decking and railing; engineered wood products; fasteners; foundation; insulation; interior finishing; building envelope; lumber, plywood, OSB, and specialty industrial products; roofing and accessories; treated wood; exterior trim and d├ęcor products; welded panels; profiles and colors; fusion stones; exterior products; sidings, panels, shingles, and trims; and security and door ware products.

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Insider Buying and Selling by Quarter for CanWel Building Materials Group (TSE:CWX)

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