Insider Selling: Trisura Group (TSE:TSU) Director Sells C$105,075.00 in Stock

Key Points

• Director Eileen Marie Sweeney sold 2,500 Trisura Group shares at an average C$42.03, totaling C$105,075. Following the sale, she directly owned 139,710 shares, a 1.76% reduction.
• The transaction followed three additional sales between August 28 and September 1, totaling 32,300 shares worth approximately C$1.35 million.
• Analysts maintain a “Moderate Buy” consensus, with five Buy ratings and one Hold rating and an average price target of C$56.61, versus the stock’s reported C$41.85 trading price.

Trisura Group Ltd. (TSE:TSU - Get Free Report) Director Eileen Marie Sweeney sold 2,500 shares of the firm's stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of C$42.03, for a total value of C$105,075.00. Following the completion of the sale, the director directly owned 139,710 shares in the company, valued at C$5,872,011.30. This trade represents a 1.76% 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 stock was sold at an average price of C$42.19, for a total transaction 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 transaction of C$437,220.00.
• On Tuesday, September 1st, Eileen Marie Sweeney sold 7,900 shares of Trisura Group stock. The stock was sold at an average price of C$41.57, for a total value of C$328,403.00.

Trisura Group Price Performance

TSE TSU traded up C$0.12 during trading hours on Thursday, reaching C$41.85. The company's stock had a trading volume of 21,582 shares, compared to its average volume of 101,140. The firm has a fifty day simple moving average of C$42.88 and a 200-day simple moving average of C$43.46. The stock has a market cap of C$1.98 billion, a P/E ratio of 12.96 and a beta of 0.58. Trisura Group Ltd. has a 52 week low of C$36.02 and a 52 week high of C$51.00.

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

Analysts Set New Price Targets

A number of analysts have weighed in on TSU shares. National Bank Financial increased their price target on Trisura Group from C$59.00 to C$60.00 and gave the stock an "outperform" rating in a report on Monday, July 27th. ATB Cormark Capital Markets decreased their target price on Trisura Group from C$55.00 to C$51.00 and set an "outperform" rating for the company in a research note on Tuesday, July 28th. Finally, Raymond James Financial lifted their target price 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. Five equities research 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 has an average rating of "Moderate Buy" and an average 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.

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