Jeffrey Martin Tarsi Sells 18,846 Shares of Nutrien (TSE:NTR) Stock

Nutrien Ltd. (TSE:NTR) insider Jeffrey Martin Tarsi sold 18,846 shares of the firm’s stock in a transaction that occurred on Tuesday, December 23rd. The shares were sold at an average price of C$87.60, for a total value of C$1,650,909.60. Following the completion of the transaction, the insider directly owned 2,312 shares of the company’s stock, valued at C$202,531.20. The trade was a 89.07% decrease in their ownership of the stock.

Nutrien Stock Up 3.4%

Shares of NTR stock traded up C$3.19 on Friday, hitting C$97.11. The stock had a trading volume of 1,864,560 shares, compared to its average volume of 2,042,995. The stock’s 50 day moving average is C$85.10 and its 200-day moving average is C$82.06. The firm has a market capitalization of C$46.94 billion, a price-to-earnings ratio of 26.18, a P/E/G ratio of 1.15 and a beta of 1.33. Nutrien Ltd. has a 52-week low of C$65.35 and a 52-week high of C$97.12. The company has a debt-to-equity ratio of 59.10, a quick ratio of 0.65 and a current ratio of 1.27.

Nutrien (TSE:NTR) last announced its quarterly earnings results on Wednesday, November 5th. The company reported C$0.97 EPS for the quarter. The company had revenue of C$6.01 billion for the quarter. Nutrien had a net margin of 2.76% and a return on equity of 2.93%. As a group, research analysts expect that Nutrien Ltd. will post 5.3416399 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Wells Fargo & Company upgraded Nutrien to a “hold” rating in a research report on Tuesday, November 11th. One analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Nutrien currently has a consensus rating of “Hold”.

Nutrien Company Profile

Nutrien is the world’s largest fertilizer producer by capacity. Nutrien produces the three main crop nutrientsnitrogen, potash, and phosphatealthough its main focus is potash, where it is the global leader in installed capacity with roughly 20% share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.