Insider Buying: North American Construction Group Ltd. (TSE:NOA) Insider Purchases 9,000 Shares of Stock

North American Construction Group Ltd. (TSE:NOAGet Rating) (NYSE:NOA) insider North American Construction Group Ltd. acquired 9,000 shares of the stock in a transaction on Friday, May 6th. The shares were bought at an average cost of C$15.57 per share, for a total transaction of C$140,090.40. Following the purchase, the insider now directly owns 85,400 shares of the company’s stock, valued at approximately C$1,329,302.24.

North American Construction Group Ltd. also recently made the following trade(s):

  • On Wednesday, May 4th, North American Construction Group Ltd. acquired 19,100 shares of North American Construction Group stock. The shares were bought at an average cost of C$15.71 per share, for a total transaction of C$300,011.34.
  • On Monday, May 2nd, North American Construction Group Ltd. acquired 19,100 shares of North American Construction Group stock. The shares were bought at an average cost of C$15.77 per share, for a total transaction of C$301,180.26.
  • On Friday, April 29th, North American Construction Group Ltd. bought 10,000 shares of North American Construction Group stock. The stock was acquired at an average price of C$16.30 per share, for a total transaction of C$163,017.00.
  • On Wednesday, April 27th, North American Construction Group Ltd. bought 10,000 shares of North American Construction Group stock. The stock was acquired at an average price of C$18.01 per share, for a total transaction of C$180,095.00.
  • On Monday, April 25th, North American Construction Group Ltd. bought 10,000 shares of North American Construction Group stock. The stock was acquired at an average price of C$17.21 per share, for a total transaction of C$172,136.00.
  • On Friday, April 22nd, North American Construction Group Ltd. bought 10,000 shares of North American Construction Group stock. The stock was acquired at an average price of C$17.86 per share, for a total transaction of C$178,645.00.
  • On Wednesday, April 20th, North American Construction Group Ltd. bought 10,000 shares of North American Construction Group stock. The stock was acquired at an average price of C$18.65 per share, for a total transaction of C$186,471.00.
  • On Monday, April 18th, North American Construction Group Ltd. bought 3,000 shares of North American Construction Group stock. The stock was acquired at an average price of C$18.80 per share, for a total transaction of C$56,409.90.
  • On Wednesday, April 13th, North American Construction Group Ltd. acquired 10,000 shares of North American Construction Group stock. The stock was purchased at an average price of C$18.49 per share, for a total transaction of C$184,870.00.
  • On Monday, April 11th, North American Construction Group Ltd. acquired 10,000 shares of North American Construction Group stock. The stock was purchased at an average price of C$18.74 per share, for a total transaction of C$187,400.00.

Shares of TSE:NOA traded up C$0.46 on Friday, hitting C$15.92. 94,440 shares of the company’s stock were exchanged, compared to its average volume of 86,266. The firm’s 50-day moving average is C$18.36 and its 200 day moving average is C$18.78. The company has a market capitalization of C$477.19 million and a PE ratio of 9.68. North American Construction Group Ltd. has a 1-year low of C$15.20 and a 1-year high of C$22.00. The company has a debt-to-equity ratio of 141.93, a quick ratio of 0.59 and a current ratio of 0.91.

North American Construction Group (TSE:NOAGet Rating) (NYSE:NOA) last announced its earnings results on Wednesday, February 16th. The company reported C$0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.57 by C$0.02. The firm had revenue of C$181.00 million during the quarter, compared to analyst estimates of C$185.50 million. On average, analysts anticipate that North American Construction Group Ltd. will post 2.4900001 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, July 8th. Investors of record on Friday, July 8th will be given a $0.08 dividend. The ex-dividend date of this dividend is Thursday, May 26th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.01%. North American Construction Group’s dividend payout ratio (DPR) is presently 12.17%.

NOA has been the topic of several research analyst reports. Raymond James boosted their price objective on North American Construction Group from C$26.50 to C$27.50 and gave the company an “outperform” rating in a report on Monday, April 25th. BMO Capital Markets cut their price objective on North American Construction Group from C$26.00 to C$24.00 in a report on Thursday, April 28th. National Bankshares boosted their price objective on North American Construction Group from C$27.00 to C$30.00 and gave the company an “outperform” rating in a report on Friday, February 18th. Canaccord Genuity Group upped their price target on North American Construction Group from C$28.00 to C$29.00 in a report on Friday, February 18th. Finally, CIBC cut their price target on North American Construction Group from C$23.00 to C$22.00 and set a “neutral” rating on the stock in a report on Friday, April 29th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of C$26.20.

North American Construction Group Company Profile (Get Rating)

North American Construction Group Ltd. provides equipment maintenance, and mining and heavy construction services in Canada, the United States, and Australia. The company's Heavy Construction & Mining division offers constructability reviews, budgetary cost estimates, design-build construction, project management, contract mining, pre-stripping/pit pioneering, overburden removal and stockpile, muskeg removal and stockpile, site preparation, air strip construction, site dewatering/perimeter ditching, tailings and process pipelines, haulage and access road construction, tailings dam construction and densification, mechanically stabilized earth walls, dyke construction, and reclamation services.

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Insider Buying and Selling by Quarter for North American Construction Group (TSE:NOA)

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