Gildan Activewear Inc (GIL) Insider Benito Masi Sells 31,604 Shares

Gildan Activewear Inc (TSE:GIL) (NYSE:GIL) insider Benito Masi sold 31,604 shares of the firm’s stock in a transaction on Friday, November 2nd. The stock was sold at an average price of C$40.57, for a total transaction of C$1,282,174.28.

Shares of Gildan Activewear stock opened at C$40.79 on Wednesday. Gildan Activewear Inc has a 12-month low of C$33.03 and a 12-month high of C$42.18.

The company also recently declared a quarterly dividend, which will be paid on Monday, December 10th. Shareholders of record on Thursday, November 15th will be issued a $0.112 dividend. This represents a $0.45 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date of this dividend is Wednesday, November 14th.

A number of equities research analysts have issued reports on the stock. Desjardins raised shares of Gildan Activewear from a “hold” rating to a “buy” rating in a report on Friday, November 2nd. National Bank Financial raised their price target on shares of Gildan Activewear from C$43.00 to C$46.00 and gave the stock a “sector perform” rating in a report on Friday, August 3rd.

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Gildan Activewear Company Profile

Gildan Activewear Inc manufactures and sells a range of 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 company manufactures and markets active wear products, including T-shirts, fleece tops and bottoms, and sport shirts under Gildan, Gildan Performance, Gildan Platinum, Gildan Hammer, Smart Basics, Comfort Colors, American Apparel, Anvil, Alstyle, Gold Toe, and Mossy Oak brands.

Read More: Return on Investment (ROI) Defined, Explained

Insider Buying and Selling by Quarter for Gildan Activewear (TSE:GIL)

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