Insider Selling: Vecima Networks Inc. (TSE:VCM) Senior Officer Sells 800 Shares of Stock

Posted by Editorial Team on Jan 6th, 2025

Vecima Networks Inc. (TSE:VCM – Get Free Report) Senior Officer Clay Mccreery sold 800 shares of the firm’s stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of C$16.00, for a total transaction of C$12,800.00.

Clay Mccreery also recently made the following trade(s):

On Wednesday, December 4th, Clay Mccreery sold 1,600 shares of Vecima Networks stock. The shares were sold at an average price of C$17.40, for a total value of C$27,840.00.

Vecima Networks Stock Up 3.3 %

Vecima Networks stock opened at C$15.97 on Monday. Vecima Networks Inc. has a 52 week low of C$14.50 and a 52 week high of C$23.01. The stock has a market cap of C$388.23 million, a price-to-earnings ratio of 19.96 and a beta of 0.63. The company’s 50-day moving average price is C$17.20 and its two-hundred day moving average price is C$19.64. The company has a current ratio of 1.64, a quick ratio of 0.83 and a debt-to-equity ratio of 29.61.

Vecima Networks Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 16th were issued a dividend of $0.055 per share. The ex-dividend date was Friday, November 22nd. This represents a $0.22 annualized dividend and a yield of 1.38%. Vecima Networks’s payout ratio is 27.50%.

Wall Street Analyst Weigh In

Separately, Accountability Research decreased their price target on Vecima Networks from C$27.00 to C$24.00 in a research note on Friday, November 15th.

Check Out Our Latest Analysis on Vecima Networks

Vecima Networks Company Profile

(Get Free Report)

Vecima Networks Inc engages in the development of integrated hardware and software solutions for broadband access, content delivery, and telematics. The company operates through three segments: Video and Broadband Solutions, Content Delivery and Storage, and Telematics. The Video and Broadband Solutions segment offers platforms that process data from the cable network and deliver high-speed internet connectivity to homes over cable and fiber, as well as adapt video services.