Trisura Group (TSE:TSU) Director Sells C$328,403.00 in 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 value of C$328,403.00. Following the completion of the transaction, the director owned 139,710 shares in the company, valued at 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 value 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 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 value of C$437,220.00.

Trisura Group Trading Down 0.1%

Shares of TSU opened at C$41.90 on Friday. The stock has a market cap of C$1.98 billion, a P/E ratio of 12.97 and a beta of 0.58. Trisura Group Ltd. has a 1 year low of C$36.02 and a 1 year high of C$51.00. The stock’s 50-day moving average price is C$42.85 and its two-hundred day moving average price is C$43.40.

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

Wall Street Analysts Forecast Growth

Several brokerages have commented on TSU. National Bank Financial upped their target price on shares of Trisura Group from C$59.00 to C$60.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. Raymond James Financial boosted their price target on shares of Trisura Group from C$57.00 to C$57.25 and gave the company an “outperform” rating in a report on Friday, May 8th. Finally, ATB Cormark Capital Markets lowered their price objective 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. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price 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.