Gildan Activewear Inc (TSE:GIL) (NYSE:GIL) insider Jonathan Roiter sold 3,000 shares of the company’s stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of C$38.25, for a total value of C$114,750.00.
Jonathan Roiter also recently made the following trade(s):
- On Friday, November 17th, Jonathan Roiter sold 12,000 shares of Gildan Activewear stock. The shares were sold at an average price of C$38.80, for a total value of C$465,600.00.
Gildan Activewear Inc (GIL) opened at C$40.56 on Monday. Gildan Activewear Inc has a 1-year low of C$30.97 and a 1-year high of C$42.18.
The business also recently declared a quarterly dividend, which will be paid on Monday, December 11th. Shareholders of record on Thursday, November 16th will be given a dividend of $0.121 per share. This is an increase from Gildan Activewear’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend is Wednesday, November 15th. This represents a $0.48 annualized dividend and a yield of 1.19%. Gildan Activewear’s dividend payout ratio (DPR) is presently 16.60%.
Several equities research analysts have weighed in on GIL shares. BMO Capital Markets cut their price target on Gildan Activewear from C$34.00 to C$30.00 and set a “market perform” rating on the stock in a report on Friday, November 3rd. National Bank Financial increased their price objective on Gildan Activewear from C$41.00 to C$42.00 and gave the company a “sector perform” rating in a report on Friday, November 3rd. Seven analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of C$39.58.
WARNING: “Gildan Activewear Inc (TSE:GIL) Insider Jonathan Roiter Sells 3,000 Shares” was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this piece on another site, it was copied illegally and republished in violation of US & international copyright & trademark law. The correct version of this piece can be accessed at https://www.dispatchtribunal.com/2017/12/04/gildan-activewear-inc-gil-insider-jonathan-roiter-sells-3000-shares.html.
About Gildan Activewear
Gildan Activewear Inc manufactures and sells apparel products in the United States, Canada, Mexico, Europe, the Asia-Pacific, and Latin America. It operates in two segments, Printwear and Branded Apparel. The Printwear segment designs, manufactures, sources, and distributes undecorated activewear products, including T-shirts, fleece, and sport shirts under Gildan, Gildan Performance, Anvil, Comfort Colors, American Apparel, Alstyle, and New Balance brands.
Receive News & Ratings for Gildan Activewear Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gildan Activewear Inc and related companies with MarketBeat.com's FREE daily email newsletter.