Insider Selling: TransUnion (TRU) CAO Sells 1,592 Shares of Stock

TransUnion (NYSE:TRU) CAO Timothy Elberfeld sold 1,592 shares of the company’s stock in a transaction that occurred on Thursday, November 1st. The stock was sold at an average price of $66.14, for a total value of $105,294.88. Following the completion of the sale, the chief accounting officer now owns 12,566 shares in the company, valued at approximately $831,115.24. The transaction was disclosed in a filing with the SEC, which is available at this link.

Shares of NYSE:TRU opened at $66.65 on Tuesday. TransUnion has a 1 year low of $52.56 and a 1 year high of $79.48. The company has a market cap of $12.54 billion, a PE ratio of 38.98, a price-to-earnings-growth ratio of 3.75 and a beta of 0.86. The company has a debt-to-equity ratio of 2.07, a quick ratio of 1.62 and a current ratio of 1.62.

TransUnion (NYSE:TRU) last posted its quarterly earnings data on Tuesday, October 23rd. The business services provider reported $0.65 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.02. TransUnion had a return on equity of 21.22% and a net margin of 18.98%. The firm had revenue of $603.60 million during the quarter, compared to the consensus estimate of $617.92 million. During the same period in the prior year, the company earned $0.49 EPS. The firm’s revenue was up 21.2% compared to the same quarter last year. Sell-side analysts expect that TransUnion will post 2.24 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Skandinaviska Enskilda Banken AB publ acquired a new position in TransUnion in the 3rd quarter valued at $1,746,000. Penserra Capital Management LLC raised its stake in TransUnion by 118.4% in the 3rd quarter. Penserra Capital Management LLC now owns 73,373 shares of the business services provider’s stock valued at $5,398,000 after purchasing an additional 39,774 shares during the last quarter. Janney Montgomery Scott LLC acquired a new position in TransUnion in the 3rd quarter valued at $415,000. BP PLC acquired a new position in TransUnion in the 3rd quarter valued at $1,545,000. Finally, Virginia Retirement Systems ET AL acquired a new position in TransUnion in the 3rd quarter valued at $280,000. 97.94% of the stock is owned by hedge funds and other institutional investors.

A number of research analysts have recently issued reports on the company. Barclays increased their target price on TransUnion from $75.00 to $85.00 and gave the company an “overweight” rating in a research report on Thursday, July 12th. Atlantic Securities lowered TransUnion from an “overweight” rating to a “neutral” rating and increased their target price for the company from $77.00 to $82.00 in a research report on Wednesday, July 25th. They noted that the move was a valuation call. Morgan Stanley increased their target price on TransUnion from $66.00 to $71.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 25th. Cowen reiterated a “buy” rating and set a $77.00 target price on shares of TransUnion in a research report on Friday, July 20th. Finally, Stifel Nicolaus increased their target price on TransUnion from $74.00 to $81.00 and gave the company a “buy” rating in a research report on Wednesday, July 25th. Three investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $78.54.

COPYRIGHT VIOLATION WARNING: “Insider Selling: TransUnion (TRU) CAO Sells 1,592 Shares of Stock” was first posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this story on another publication, it was illegally copied and reposted in violation of US and international trademark & copyright law. The legal version of this story can be read at https://www.dispatchtribunal.com/2018/11/06/insider-selling-transunion-tru-cao-sells-1592-shares-of-stock.html.

TransUnion Company Profile

TransUnion provides risk and information solutions. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. These businesses use its services to acquire new customers; assess consumer ability to pay for services; identify cross-selling opportunities; measure and manage debt portfolio risk; collect debt; verify consumer identities; and investigate potential fraud.

See Also: Fundamental Analysis

Insider Buying and Selling by Quarter for TransUnion (NYSE:TRU)

Receive News & Ratings for TransUnion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransUnion and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply