Eileen Marie Sweeney Sells 34,800 Shares of Trisura Group (TSE:TSU) Stock

Trisura Group Ltd. (TSE:TSU) Director Eileen Marie Sweeney sold 34,800 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of C$40.84, for a total value of C$1,421,232.00. Following the sale, the director directly owned 139,710 shares of the company’s stock, valued at C$5,705,756.40. This represents a 19.94% decrease in their ownership of the stock.

Trisura Group Price Performance

TSU stock opened at C$41.44 on Friday. The business has a fifty day moving average price of C$43.16 and a 200 day moving average price of C$43.28. Trisura Group Ltd. has a fifty-two week low of C$36.02 and a fifty-two week high of C$51.00. The stock has a market capitalization of C$1.96 billion, a price-to-earnings ratio of 13.37 and a beta of 0.42.

Trisura Group (TSE:TSU) last released its earnings results on Thursday, May 7th. The company reported C$0.78 EPS for the quarter. The company had revenue of C$804.85 million during the quarter. Trisura Group had a return on equity of 16.65% and a net margin of 4.72%. On average, equities analysts expect that Trisura Group Ltd. will post 3.1349036 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently commented on TSU. Canadian Imperial Bank of Commerce set a C$59.00 target price on Trisura Group and gave the company an “outperform” rating in a research note on Friday, February 27th. Desjardins set a C$60.00 target price on Trisura Group and gave the company a “buy” rating in a research note on Monday, April 27th. Scotiabank cut Trisura Group from a “sector outperform” rating to a “sector perform” rating and set a C$52.00 target price for the company. in a research note on Tuesday, April 28th. Raymond James Financial lifted their target price on Trisura Group from C$57.00 to C$57.25 and gave the company an “outperform” rating in a research note on Friday, May 8th. Finally, ATB Cormark Capital Markets lifted their target price on Trisura Group from C$46.75 to C$52.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of C$56.66.

Trisura Group Company Profile

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.