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.
COPYRIGHT VIOLATION WARNING: “Gildan Activewear Inc (GIL) Insider Benito Masi Sells 31,604 Shares” was posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this piece on another publication, it was copied illegally and republished in violation of United States and international copyright & trademark legislation. The legal version of this piece can be viewed at https://www.dispatchtribunal.com/2018/11/07/gildan-activewear-inc-gil-insider-benito-masi-sells-31604-shares.html.
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
Receive News & Ratings for Gildan Activewear Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gildan Activewear and related companies with MarketBeat.com's FREE daily email newsletter.