Eileen Marie Sweeney Sells 7,900 Shares of Trisura Group (TSE:TSU) Stock

Trisura Group Ltd. (TSE:TSU) Director Eileen Marie Sweeney sold 7,900 shares of the firm’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of C$41.57, for a total transaction of C$328,403.00. Following the transaction, the director directly owned 139,710 shares of the company’s stock, valued at approximately C$5,807,744.70. This represents a 5.35% decrease in their ownership of the stock.

Eileen Marie Sweeney also recently made the following trade(s):

• On Wednesday, September 2nd, Eileen Marie Sweeney sold 2,500 shares of Trisura Group stock. The stock was sold at an average price of C$42.03, for a total transaction of C$105,075.00.
• On Friday, August 28th, Eileen Marie Sweeney sold 13,900 shares of Trisura Group stock. The shares were sold at an average price of C$42.19, for a total transaction of C$586,441.00.
• On Monday, August 31st, Eileen Marie Sweeney sold 10,500 shares of Trisura Group stock. The stock was sold at an average price of C$41.64, for a total transaction of C$437,220.00.

Trisura Group Stock Performance

TSE:TSU opened at C$41.95 on Friday. The company has a market capitalization of C$1.98 billion, a price-to-earnings ratio of 12.99 and a beta of 0.58. Trisura Group Ltd. has a one year low of C$36.02 and a one year high of C$51.00. The stock has a 50-day simple moving average of C$42.87 and a 200 day simple moving average of C$43.41.

Trisura Group (TSE:TSU) last announced its quarterly earnings data on Thursday, August 6th. The company reported C$0.76 earnings per share for the quarter. Trisura Group had a return on equity of 16.54% and a net margin of 4.80%.The firm had revenue of C$198.42 million during the quarter. On average, equities research analysts forecast that Trisura Group Ltd. will post 3.1349036 EPS for the current fiscal year.

Key Stories Impacting Trisura Group

Here are the key news stories impacting Trisura Group this week:

• Positive Sentiment: Analyst sentiment remains favorable: five analysts rate Trisura Group a Buy and one rates it Hold, producing a consensus rating of “Moderate Buy” and an average price target of C$56.61—well above the stock’s recent trading level. ATB Cormark lowered its target to C$51 while maintaining an Outperform rating, whereas Raymond James and National Bank Financial maintain targets of C$57.25 and C$60, respectively. Trisura Group analyst ratings and price targets
• Neutral Sentiment: Trisura Group’s latest reported quarter included C$0.76 in earnings per share and C$198.42 million in revenue. The company’s return on equity was 16.54%, while analysts expect approximately C$3.13 in EPS for the current fiscal year. These figures provide a supportive fundamental backdrop, although no new earnings release was reported in the articles. Trisura Group financial results
• Negative Sentiment: Director Eileen Marie Sweeney sold 2,500 shares for approximately C$105,075 on September 2, following sales of 7,900 shares on September 1, 10,500 shares on August 31, and 13,900 shares on August 28. The four transactions totaled 34,800 shares and approximately C$1.46 million. While Sweeney continues to own 139,710 shares, the repeated selling may be viewed as a near-term confidence signal and could weigh on TSU. Eileen Marie Sweeney Trisura Group insider sales

Analyst Ratings Changes

Several brokerages recently issued reports on TSU. Raymond James Financial raised their price objective on Trisura Group from C$57.00 to C$57.25 and gave the stock an “outperform” rating in a research note on Friday, May 8th. ATB Cormark Capital Markets lowered their target price on shares of Trisura Group from C$55.00 to C$51.00 and set an “outperform” rating for the company in a research note on Tuesday, July 28th. Finally, National Bank Financial increased their target price on shares of Trisura Group from C$59.00 to C$60.00 and gave the stock an “outperform” rating in a report on Monday, July 27th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$56.61.

About Trisura Group

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.