Trisura Group (TSE:TSU) Director Eileen Marie Sweeney Sells 2,500 Shares of Stock

Trisura Group Ltd. (TSE:TSU) Director Eileen Marie Sweeney sold 2,500 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of C$42.03, for a total value of C$105,075.00. Following the sale, the director owned 139,710 shares of the company’s stock, valued at approximately C$5,872,011.30. This trade represents 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 stock was sold at an average price of C$41.57, for a total value of C$328,403.00.

Trisura Group Stock Up 0.5%

Shares of Trisura Group stock opened at C$41.95 on Friday. Trisura Group Ltd. has a 12-month low of C$36.02 and a 12-month high of C$51.00. The stock has a 50 day moving average price of C$42.87 and a two-hundred day moving average price of C$43.41. The stock has a market capitalization of C$1.98 billion, a P/E ratio of 12.99 and a beta of 0.58.

Trisura Group (TSE:TSU) last released 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 for the quarter. Trisura Group had a net margin of 4.80% and a return on equity of 16.54%. Sell-side analysts anticipate that Trisura Group Ltd. will post 3.1349036 earnings per share for the current year.

Analyst Ratings Changes

TSU has been the subject of a number of recent analyst reports. National Bank Financial upped their price target on shares of Trisura Group from C$59.00 to C$60.00 and gave the company an “outperform” rating in a report on Monday, July 27th. Raymond James Financial upped their target price on shares of Trisura Group from C$57.00 to C$57.25 and gave the company an “outperform” rating in a research note on Friday, May 8th. Finally, ATB Cormark Capital Markets decreased their price objective on Trisura Group from C$55.00 to C$51.00 and set an “outperform” rating on the stock in a report on Tuesday, July 28th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Trisura Group currently has an average rating of “Moderate Buy” and an average target price of C$56.61.

Key Stories Impacting Trisura Group

Here are the key news stories impacting Trisura Group this week:

• Positive Sentiment: Analyst sentiment remains favorable: five analysts rate Trisura Group a Buy and one rates it Hold, producing a consensus rating of “Moderate Buy” and an average price target of C$56.61—well above the stock’s recent trading level. ATB Cormark lowered its target to C$51 while maintaining an Outperform rating, whereas Raymond James and National Bank Financial maintain targets of C$57.25 and C$60, respectively. Trisura Group analyst ratings and price targets
• Neutral Sentiment: Trisura Group’s latest reported quarter included C$0.76 in earnings per share and C$198.42 million in revenue. The company’s return on equity was 16.54%, while analysts expect approximately C$3.13 in EPS for the current fiscal year. These figures provide a supportive fundamental backdrop, although no new earnings release was reported in the articles. Trisura Group financial results
• Negative Sentiment: Director Eileen Marie Sweeney sold 2,500 shares for approximately C$105,075 on September 2, following sales of 7,900 shares on September 1, 10,500 shares on August 31, and 13,900 shares on August 28. The four transactions totaled 34,800 shares and approximately C$1.46 million. While Sweeney continues to own 139,710 shares, the repeated selling may be viewed as a near-term confidence signal and could weigh on TSU. Eileen Marie Sweeney Trisura Group insider sales

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.