Insider Selling: IGM Financial (TSE:IGM) Director Sells 897 Shares of Stock

IGM Financial Inc. (TSE:IGM) Director Kelly Hepher sold 897 shares of the stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of C$80.27, for a total value of C$72,002.19.

Kelly Hepher also recently made the following trade(s):

• On Tuesday, June 2nd, Kelly Hepher sold 211 shares of IGM Financial stock. The stock was sold at an average price of C$80.27, for a total value of C$16,936.97.
• On Monday, May 11th, Kelly Hepher sold 1,300 shares of IGM Financial stock. The stock was sold at an average price of C$77.43, for a total value of C$100,659.00.
• On Monday, May 11th, Kelly Hepher sold 700 shares of IGM Financial stock. The stock was sold at an average price of C$77.39, for a total value of C$54,173.00.

IGM Financial Price Performance

Shares of IGM traded up C$2.04 during midday trading on Thursday, reaching C$81.00. The stock had a trading volume of 195,697 shares, compared to its average volume of 466,535. IGM Financial Inc. has a 52 week low of C$42.13 and a 52 week high of C$81.00. The company has a debt-to-equity ratio of 81.91, a current ratio of 1.36 and a quick ratio of 0.31. The firm’s 50 day moving average price is C$73.41 and its 200-day moving average price is C$66.84. The company has a market capitalization of C$18.83 billion, a P/E ratio of 16.67, a P/E/G ratio of 4.09 and a beta of 0.97.

IGM Financial (TSE:IGM) last posted its quarterly earnings data on Thursday, May 7th. The financial services provider reported C$1.20 EPS for the quarter. The company had revenue of C$1.00 million for the quarter. IGM Financial had a return on equity of 13.19% and a net margin of 29.97%. On average, analysts forecast that IGM Financial Inc. will post 4.006816 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on IGM shares. TD upped their price target on IGM Financial from C$80.00 to C$86.00 and gave the company a “buy” rating in a research report on Monday, May 11th. BMO Capital Markets upped their price target on IGM Financial from C$68.00 to C$72.00 in a research report on Wednesday, April 29th. Canadian Imperial Bank of Commerce upped their price target on IGM Financial from C$68.00 to C$76.00 in a research report on Wednesday, April 29th. Scotiabank upped their target price on IGM Financial from C$69.00 to C$76.00 in a research report on Tuesday, April 28th. Finally, TD Securities raised their target price on IGM Financial from C$73.00 to C$76.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Three investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of C$73.75.

IGM Financial Company Profile

Mackenzie Investments (“Mackenzie”) is a Canadian investment management firm with approximately $244 billion (CAD) in assets under management as of December 31, 2025. Mackenzie seeks to create a more invested world by delivering strong investment performance and offering innovative portfolio solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, it is a global asset manager with offices across Canada as well as in Beijing, Boston, Dublin, Hong Kong and London.