Key Points
- Director Eileen Marie Sweeney sold 34,800 shares of Trisura Group on June 2 at an average price of C$40.84, totaling about C$1.42 million. After the sale, she still held 139,710 shares, representing a 19.94% reduction in her stake.
- Trisura Group stock opened at C$40.69 and is trading below its 50-day and 200-day moving averages, which are both around C$43.2. The stock has ranged from a 52-week low of C$36.02 to a high of C$51.00.
- Analysts remain generally positive on the company, with six Buy ratings and one Hold rating, and an average price target of C$56.66. Recent earnings showed C$0.78 EPS for the quarter on revenue of C$804.85 million.
Trisura Group Ltd. (TSE:TSU - Get Free Report) Director Eileen Marie Sweeney sold 34,800 shares of Trisura Group stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of C$40.84, for a total transaction of C$1,421,232.00. Following the sale, the director owned 139,710 shares in the company, valued at approximately C$5,705,756.40. This trade represents a 19.94% decrease in their ownership of the stock.
Trisura Group Stock Performance
Shares of Trisura Group stock opened at C$40.69 on Thursday. The firm's 50-day simple moving average is C$43.21 and its 200-day simple moving average is C$43.26. Trisura Group Ltd. has a twelve month low of C$36.02 and a twelve month high of C$51.00. The firm has a market cap of C$1.92 billion, a P/E ratio of 13.13 and a beta of 0.42.
Trisura Group (TSE:TSU - Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported C$0.78 earnings per share for the quarter. Trisura Group had a net margin of 4.72% and a return on equity of 16.65%. The business had revenue of C$804.85 million for the quarter. On average, equities analysts forecast that Trisura Group Ltd. will post 3.1349036 earnings per share for the current fiscal year.
Analysts Set New Price Targets
TSU has been the topic of several recent research reports. ATB Cormark Capital Markets lifted their target price on shares of Trisura Group from C$46.75 to C$52.00 and gave the company an "outperform" rating in a research report on Friday, February 13th. Desjardins set a C$60.00 price target on shares of Trisura Group and gave the company a "buy" rating in a research report on Monday, April 27th. Scotiabank lowered shares of Trisura Group from a "sector outperform" rating to a "sector perform" rating and set a C$52.00 price target on the stock. in a research report on Tuesday, April 28th. Raymond James Financial boosted their price target on shares of Trisura Group from C$57.00 to C$57.25 and gave the company an "outperform" rating in a research report on Friday, May 8th. Finally, National Bank Financial boosted their price target on shares of Trisura Group from C$57.00 to C$59.00 and gave the company an "outperform" rating in a research report on Wednesday, February 4th. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of C$56.66.
Read Our Latest Stock Report on Trisura Group
Trisura Group Company Profile
(
Get Free Report)
Trisura Group Ltd is a Canadian based company engages in the provision of specialty insurance. The company's operations currently include specialty property and casualty insurance (Surety, Risk Solutions, and Corporate Insurance business lines), underwritten predominantly in Canada. The operating business segments are Trisura Guarantee, Trisura Specialty, and Trisura International. The Trisura Guarantee segment generates maximum revenue, which offers Surety, Risk Solutions and Corporate Insurance products underwritten in Canada as well as the operations of Trisura Warranty.
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