The Chief Financial Officer of FirstService (NASDAQ: FSV) is Selling Shares

Today, the Chief Financial Officer of FirstService (FSVResearch Report), Jeremy Alan Rakusin, sold shares of FSV for $5.56M.

Following Jeremy Alan Rakusin’s last FSV Sell transaction on September 30, 2020, the stock climbed by 55.1%. In addition to Jeremy Alan Rakusin, 3 other FSV executives reported Sell trades in the last month.

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Based on FirstService’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $832 million and quarterly net profit of $36.7 million. In comparison, last year the company earned revenue of $622 million and had a net profit of $27.12 million. The company has a one-year high of $197.43 and a one-year low of $121.54.

The insider sentiment on FirstService has been negative according to 33 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Jeremy Alan Rakusin’s trades have generated a -46.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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FirstService Corp. engages in the provision of property services. It operates through the FirstService Residential and FirstService Brands segments. The FirstService Residential segment offers residential property management services in North America. The FirstService Brands segment covers residential and commercial customers through both franchise systems, and company-owned operations. The company was founded by Jay S. Hennick in 1989 and is headquartered in Toronto, Canada.