Trisura Group (TSE:TSU) Director Sells C$586,441.00 in Stock

Trisura Group Ltd. (TSE:TSU) Director Eileen Marie Sweeney sold 13,900 shares of the company’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of C$42.19, for a total transaction of C$586,441.00. Following the completion of the transaction, the director directly owned 139,710 shares in the company, valued at C$5,894,364.90. The trade was a 9.05% decrease in their position.

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 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.
• On Tuesday, September 1st, Eileen Marie Sweeney sold 7,900 shares of Trisura Group stock. The shares were sold at an average price of C$41.57, for a total transaction of C$328,403.00.

Trisura Group Stock Performance

Shares of TSU stock opened at C$41.90 on Friday. The stock has a market capitalization of C$1.98 billion, a P/E ratio of 12.97 and a beta of 0.58. The company has a 50 day moving average price of C$42.85 and a 200 day moving average price of C$43.40. Trisura Group Ltd. has a fifty-two week low of C$36.02 and a fifty-two week high of C$51.00.

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

Analyst Ratings Changes

Several equities research analysts have weighed in on TSU shares. Raymond James Financial upped their price target on Trisura Group from C$57.00 to C$57.25 and gave the stock an “outperform” rating in a report on Friday, May 8th. National Bank Financial upped 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 research note on Monday, July 27th. Finally, ATB Cormark Capital Markets reduced their target price on shares of Trisura Group from C$55.00 to C$51.00 and set an “outperform” rating on the stock in a report on Tuesday, July 28th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Trisura Group presently has a consensus rating of “Moderate Buy” and a consensus price target of C$56.61.

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.