Clairvest Group (TSE:CVG) Issues Earnings Results

Clairvest Group (TSE:CVG) announced its quarterly earnings data on Wednesday. The company reported C$2.08 EPS for the quarter, FiscalAI reports. Clairvest Group had a net margin of 81.94% and a return on equity of 11.06%. The company had revenue of C$46.77 million during the quarter.

Clairvest Group Stock Performance

TSE:CVG opened at C$86.12 on Friday. Clairvest Group has a 52 week low of C$69.81 and a 52 week high of C$87.00. The firm has a market cap of C$1.15 billion, a price-to-earnings ratio of 8.49 and a beta of -0.00. The firm’s 50-day simple moving average is C$82.87 and its 200 day simple moving average is C$77.79.

Insider Transactions at Clairvest Group

In other Clairvest Group news, insider James Miller acquired 310 shares of the business’s stock in a transaction on Tuesday, October 20th. The stock was purchased at an average price of C$85.00 per share, with a total value of C$26,350.00. Following the acquisition, the insider directly owned 2,175 shares of the company’s stock, valued at approximately C$184,875. This trade represents a 16.62% increase in their position. 82.27% of the stock is owned by corporate insiders.

About Clairvest Group

Clairvest’s mission is to partner with entrepreneurs to help them build strategically significant businesses. Founded in 1987 by a group of successful Canadian entrepreneurs, Clairvest is a top performing private equity management firm with over CAD $4.6 billion of capital under management. Clairvest invests its own capital and that of third parties through the Clairvest Equity Partners limited partnerships in owner-led businesses. Under the current management team, Clairvest has initiated investments in 74 different platform companies and generated top quartile performance over an extended period.