Quarterhill Inc. Acquires 42,600 Shares of Quarterhill Inc (TSE:QTRH) Stock

Quarterhill Inc (TSE:QTRH) insider Quarterhill Inc. purchased 42,600 shares of Quarterhill stock in a transaction that occurred on Tuesday, September 8th. The shares were purchased at an average price of C$1.81 per share, for a total transaction of C$77,208.24. Following the transaction, the insider now directly owns 222,600 shares in the company, valued at approximately C$403,440.24.

Quarterhill Inc. also recently made the following trade(s):

  • On Thursday, September 10th, Quarterhill Inc. acquired 38,000 shares of Quarterhill stock. The stock was bought at an average cost of C$1.84 per share, with a total value of C$69,836.40.
  • On Friday, September 4th, Quarterhill Inc. acquired 32,000 shares of Quarterhill stock. The stock was bought at an average cost of C$1.84 per share, with a total value of C$58,790.40.
  • On Wednesday, September 2nd, Quarterhill Inc. purchased 43,000 shares of Quarterhill stock. The shares were acquired at an average cost of C$1.84 per share, with a total value of C$79,292.00.
  • On Monday, August 31st, Quarterhill Inc. purchased 32,900 shares of Quarterhill stock. The shares were acquired at an average cost of C$1.86 per share, with a total value of C$61,309.15.
  • On Friday, August 28th, Quarterhill Inc. purchased 49,900 shares of Quarterhill stock. The shares were acquired at an average cost of C$1.84 per share, with a total value of C$92,030.57.
  • On Wednesday, August 26th, Quarterhill Inc. purchased 27,000 shares of Quarterhill stock. The shares were acquired at an average cost of C$1.83 per share, with a total value of C$49,420.80.
  • On Monday, August 24th, Quarterhill Inc. purchased 14,500 shares of Quarterhill stock. The shares were acquired at an average cost of C$1.84 per share, with a total value of C$26,690.15.
  • On Wednesday, August 19th, Quarterhill Inc. purchased 5,100 shares of Quarterhill stock. The shares were acquired at an average cost of C$1.91 per share, with a total value of C$9,756.30.
  • On Monday, August 17th, Quarterhill Inc. acquired 323,736 shares of Quarterhill stock. The shares were purchased at an average price of C$1.92 per share, with a total value of C$621,605.49.
  • On Friday, August 14th, Quarterhill Inc. acquired 41,700 shares of Quarterhill stock. The shares were purchased at an average price of C$1.90 per share, with a total value of C$79,255.02.

Shares of TSE QTRH opened at C$1.84 on Wednesday. The stock has a market capitalization of $213.77 million and a P/E ratio of 8.85. The company has a 50-day moving average price of C$1.89 and a 200-day moving average price of C$1.86. Quarterhill Inc has a 1 year low of C$1.30 and a 1 year high of C$2.29. The company has a debt-to-equity ratio of 3.91, a current ratio of 6.84 and a quick ratio of 6.32.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Friday, October 9th will be issued a dividend of $0.0125 per share. This represents a $0.05 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date of this dividend is Thursday, September 10th. Quarterhill’s dividend payout ratio is currently 18.03%.

Several equities research analysts have recently weighed in on the stock. Cormark decreased their price objective on shares of Quarterhill from C$3.00 to C$2.75 in a research report on Friday, August 7th. CIBC raised their price target on shares of Quarterhill from C$3.47 to C$4.00 in a report on Monday, August 10th.

About Quarterhill

Quarterhill Inc focuses on acquisition and management of technology companies that provides products and services worldwide. Its Technology segment licenses patent technologies to approximately 355 companies. Its patent portfolios include patents relating to 3D television, phased loop semiconductor, semiconductor manufacturing and packaging, medical stent, intelligent personal assistant, streaming video, semiconductor clocking, LED lighting, smart meter monitoring, non-volatile flash memory and other memory, building automation, enhanced image processing, computer gaming, and various other technologies; automotive headlight assemblies, microcontrollers applicable to safety-critical aerospace, and CMOS image sensors; and medical, industrial, and automotive applications.

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Insider Buying and Selling by Quarter for Quarterhill (TSE:QTRH)

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