Insider Selling: Trisura Group (TSE:TSU) Director Sells 2,500 Shares

Trisura Group Ltd. (TSE:TSU) Director Eileen Marie Sweeney sold 2,500 shares of the company’s stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of C$42.03, for a total transaction of C$105,075.00. Following the transaction, the director owned 139,710 shares in the company, valued at approximately C$5,872,011.30. The trade was a 1.76% decrease in their position.

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 stock was sold at an average price of C$41.64, for a total value 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 Trading Up 0.3%

Shares of TSU stock traded up C$0.12 on Thursday, hitting C$41.85. 21,582 shares of the stock were exchanged, compared to its average volume of 101,140. Trisura Group Ltd. has a one year low of C$36.02 and a one year high of C$51.00. The firm’s 50 day moving average is C$42.88 and its two-hundred day moving average is C$43.46. The firm has a market capitalization of C$1.98 billion, a PE ratio of 12.96 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. 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 for the quarter. On average, sell-side analysts expect that Trisura Group Ltd. will post 3.1349036 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages recently issued reports on TSU. ATB Cormark Capital Markets cut 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 report on Tuesday, July 28th. Raymond James Financial lifted their price objective on 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. Finally, National Bank Financial boosted 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. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price 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.