A&W REVENUE IF (TSE:AW) Stock: Insider Andrew Mindell Acquires 13,100 Shares

A&W REVENUE IF (TSE:AW) Director Andrew Mindell acquired 13,100 shares of the company’s stock in a transaction dated Thursday, October 29th. The shares were bought at an average cost of C$35.97 per share, for a total transaction of C$471,207.00. Following the completion of the acquisition, the director directly owned 19,160 shares of the company’s stock, valued at approximately C$689,185.20. The trade was a 216.17% increase in their ownership of the stock.

A&W REVENUE IF Stock Performance

AW stock traded up C$0.22 during midday trading on Friday, reaching C$36.62. The stock had a trading volume of 9,960 shares, compared to its average volume of 9,298. The stock has a market cap of C$877.74 million and a PE ratio of 15.58. The firm has a fifty day simple moving average of C$35.94 and a two-hundred day simple moving average of C$36.41. A&W REVENUE IF has a 52-week low of C$34.77 and a 52-week high of C$38.67.

A&W REVENUE IF (TSE:AW) last posted its quarterly earnings results on Friday, October 16th. The company reported C$0.80 earnings per share for the quarter. The firm had revenue of C$79.25 million for the quarter.

Analyst Upgrades and Downgrades

AW has been the topic of a number of recent research reports. TD Securities upgraded A&W REVENUE IF to a “strong-buy” rating in a research report on Tuesday, October 27th. TD set a C$41.00 price objective on shares of A&W REVENUE IF and gave the stock a “buy” rating in a research note on Monday, October 26th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, A&W REVENUE IF has an average rating of “Buy” and an average target price of C$40.50.

About A&W REVENUE IF

A&W is a publicly traded company and is the second largest quick-service hamburger restaurant chain in Canada. Operating coast-to-coast, A&W restaurants feature famous trade-marked menu items such as The Burger Family ®, Chubby Chicken ® and A&W Root Beer ®. A&W’s shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol “AW”.