Trisura Group (TSE:TSU) Director Eileen Marie Sweeney Sells 34,800 Shares

Trisura Group Ltd. (TSE:TSU) Director Eileen Marie Sweeney sold 34,800 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of C$40.84, for a total transaction of C$1,421,232.00. Following the completion of the transaction, the director directly owned 139,710 shares of the company’s stock, valued at C$5,705,756.40. This represents a 19.94% decrease in their position.

Trisura Group Stock Performance

Trisura Group stock opened at C$40.69 on Thursday. The company has a 50 day moving average price of C$43.21 and a 200 day moving average price of C$43.26. Trisura Group Ltd. has a 52 week low of C$36.02 and a 52 week high of C$51.00. The firm has a market capitalization of C$1.92 billion, a price-to-earnings ratio of 13.13 and a beta of 0.42.

Trisura Group (TSE:TSU) last posted its quarterly earnings data on Thursday, May 7th. The company reported C$0.78 EPS for the quarter. Trisura Group had a net margin of 4.72% and a return on equity of 16.65%. The firm had revenue of C$804.85 million during the quarter. Equities analysts forecast that Trisura Group Ltd. will post 3.1349036 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Desjardins set a C$60.00 target price on shares of Trisura Group and gave the stock a “buy” rating in a research report on Monday, April 27th. Canadian Imperial Bank of Commerce set a C$59.00 target price on shares of Trisura Group and gave the stock an “outperform” rating in a research report on Friday, February 27th. ATB Cormark Capital Markets increased their target price on shares of Trisura Group from C$46.75 to C$52.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. Scotiabank downgraded shares of Trisura Group from a “sector outperform” rating to a “sector perform” rating and set a C$52.00 target price for the company. in a research report on Tuesday, April 28th. Finally, National Bank Financial increased their target price on shares of Trisura Group from C$57.00 to C$59.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 4th. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$56.66.

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.