E-L Financial (TSE:ELF) Insider Acquires C$109,504.00 in Stock

E-L Financial Co. Limited (TSE:ELF) insider E-L Financial Corporation Limited acquired 6,400 shares of the firm’s stock in a transaction on Wednesday, May 27th. The stock was purchased at an average cost of C$17.11 per share, with a total value of C$109,504.00. Following the completion of the transaction, the insider owned 142,600 shares in the company, valued at C$2,439,886. The trade was a 4.70% increase in their ownership of the stock.

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

• On Thursday, May 28th, E-L Financial Corporation Limited purchased 1,200 shares of E-L Financial stock. The stock was acquired at an average cost of C$16.96 per share, with a total value of C$20,352.00.
• On Friday, May 29th, E-L Financial Corporation Limited purchased 5,700 shares of E-L Financial stock. The shares were bought at an average cost of C$17.02 per share, for a total transaction of C$97,014.00.

E-L Financial Stock Performance

Shares of ELF stock traded up C$0.01 during trading hours on Thursday, hitting C$16.91. 5,864 shares of the company were exchanged, compared to its average volume of 59,011. The business’s 50-day simple moving average is C$16.80 and its two-hundred day simple moving average is C$16.84. The stock has a market capitalization of C$5.85 billion, a price-to-earnings ratio of 5.14 and a beta of 1.30. E-L Financial Co. Limited has a one year low of C$14.31 and a one year high of C$18.97.

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

About E-L Financial

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.