Trisura Group (TSE:TSU) Director Sells C$437,220.00 in Stock

Trisura Group Ltd. (TSE:TSU) Director Eileen Marie Sweeney sold 10,500 shares of the company’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of C$41.64, for a total value of C$437,220.00. Following the completion of the sale, the director owned 139,710 shares in the company, valued at C$5,817,524.40. The trade was a 6.99% decrease in their position.

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 shares were 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 stock was sold at an average price of C$42.19, for a total value of C$586,441.00.
• 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 transaction of C$328,403.00.

Trisura Group Price Performance

Shares of TSE TSU opened at C$41.90 on Friday. The stock has a market capitalization of C$1.98 billion, a price-to-earnings ratio of 12.97 and a beta of 0.58. The firm’s 50 day simple moving average is C$42.85 and its 200-day simple moving average is C$43.40. Trisura Group Ltd. has a 12 month low of C$36.02 and a 12 month high of C$51.00.

Trisura Group (TSE:TSU) last posted its earnings results on Thursday, August 6th. The company reported C$0.76 earnings per share (EPS) for the quarter. Trisura Group had a net margin of 4.80% and a return on equity of 16.54%. The firm had revenue of C$198.42 million during the quarter. Analysts anticipate that Trisura Group Ltd. will post 3.1349036 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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