Insider Selling: Relx Plc (LON:REL) Insider Sells 7,521 Shares of Stock

Relx Plc (LON:REL) insider Erik Engstrom sold 7,521 shares of the business’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of GBX 4,060 ($51.22), for a total value of £305,352.60 ($385,205.75).

Erik Engstrom also recently made the following trade(s):

• On Friday, February 14th, Erik Engstrom sold 128,798 shares of Relx stock. The shares were sold at an average price of GBX 4,073 ($51.38), for a total value of £5,245,942.54 ($6,617,815.74).

Relx Price Performance

REL stock traded down GBX 19 ($0.24) during trading on Tuesday, hitting GBX 4,029 ($50.83). The company had a trading volume of 3,428,466 shares, compared to its average volume of 3,085,930. The company has a current ratio of 0.48, a quick ratio of 0.45 and a debt-to-equity ratio of 216.69. The company has a market cap of £74.51 billion, a P/E ratio of 40.22, a P/E/G ratio of 2.69 and a beta of 0.48. The company has a fifty day moving average price of GBX 3,839.36 and a two-hundred day moving average price of GBX 3,682.41. Relx Plc has a fifty-two week low of GBX 3,218 ($40.60) and a fifty-two week high of GBX 4,205 ($53.05).

Relx (LON:REL) last posted its quarterly earnings data on Thursday, February 13th. The company reported GBX 120.10 ($1.52) EPS for the quarter. Relx had a return on equity of 56.71% and a net margin of 20.34%. Equities research analysts expect that Relx Plc will post 134.0035675 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 4,770 ($60.17) price target on shares of Relx in a research note on Tuesday.

Relx Company Profile

RELX is a global provider of information-based analytics and decision tools for professional and business customers. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs over 33,000 people, of whom almost half are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.