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 business’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of C$41.57, for a total value of C$328,403.00. Following the completion of the sale, the director owned 139,710 shares of the company’s stock, valued at approximately C$5,807,744.70. This trade represents a 5.35% decrease in their ownership of the stock.

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

• 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 value of C$586,441.00.
• On Monday, August 31st, Eileen Marie Sweeney sold 10,500 shares of Trisura Group stock. The shares were sold at an average price of C$41.64, for a total transaction of C$437,220.00.

Trisura Group Stock Performance

Shares of Trisura Group stock traded up C$0.12 on Wednesday, reaching C$41.73. The stock had a trading volume of 33,178 shares, compared to its average volume of 101,426. The business’s 50-day moving average price is C$42.91 and its two-hundred day moving average price is C$43.48. 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 cap of C$1.97 billion, a P/E ratio of 12.92 and a beta of 0.58.

Trisura Group (TSE:TSU) last posted its earnings results on Thursday, August 6th. The company reported C$0.76 earnings per share (EPS) for the quarter. The business 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%. As a group, equities analysts forecast that Trisura Group Ltd. will post 3.1349036 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have issued reports on TSU shares. ATB Cormark Capital Markets lowered their target price on 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. National Bank Financial raised their price objective 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, Raymond James Financial boosted their target price on shares of Trisura Group from C$57.00 to C$57.25 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Trisura Group currently has an average 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.