Clairvest Group (TSE:CVG) Posts Quarterly Earnings Results

Clairvest Group (TSE:CVG) released its quarterly earnings data on Wednesday. The company reported C$2.08 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of C$22.03 million during the quarter. Clairvest Group had a return on equity of 11.06% and a net margin of 81.94%.

Clairvest Group Stock Performance

TSE CVG remained flat at C$85.00 on Wednesday. Clairvest Group has a one year low of C$69.81 and a one year high of C$87.00. The business’s fifty day simple moving average is C$82.70 and its two-hundred day simple moving average is C$77.64. The company has a market cap of C$1.14 billion, a price-to-earnings ratio of 8.38 and a beta of -0.00.

Insider Activity

In other Clairvest Group news, insider James Miller purchased 310 shares of the business’s stock in a transaction dated Tuesday, October 20th. The shares were bought at an average price of C$85.00 per share, for a total transaction of C$26,350.00. Following the completion of the acquisition, the insider owned 2,175 shares in the company, valued at approximately C$184,875. This trade represents a 16.62% increase in their ownership of the stock. Insiders own 82.27% of the company’s stock.

About Clairvest Group

Clairvest’s mission is to partner with entrepreneurs to help them build strategically significant businesses. Founded in 1987 by a group of successful Canadian entrepreneurs, Clairvest is a top performing private equity management firm with over CAD $4.6 billion of capital under management. Clairvest invests its own capital and that of third parties through the Clairvest Equity Partners limited partnerships in owner-led businesses. Under the current management team, Clairvest has initiated investments in 74 different platform companies and generated top quartile performance over an extended period.