Insider Selling: Trisura Group Ltd. (TSE:TSU) Director Sells 399 Shares of Stock

Trisura Group Ltd. (TSE:TSU) Director Michael Beasley sold 399 shares of the stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of C$34.40, for a total value of C$13,725.60.

Michael Beasley also recently made the following trade(s):

• On Friday, December 27th, Michael Beasley sold 484 shares of Trisura Group stock. The shares were sold at an average price of C$37.81, for a total transaction of C$18,300.04.

Trisura Group Trading Up 0.6 %

Shares of Trisura Group stock traded up C$0.21 during trading hours on Thursday, reaching C$35.04. The stock had a trading volume of 120,005 shares, compared to its average volume of 112,759. The firm has a 50 day simple moving average of C$36.34 and a two-hundred day simple moving average of C$39.72. The firm has a market capitalization of C$1.68 billion, a price-to-earnings ratio of 15.06 and a beta of 0.82. Trisura Group Ltd. has a 1 year low of C$31.74 and a 1 year high of C$46.75.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on TSU shares. CIBC dropped their target price on Trisura Group from C$60.00 to C$50.00 and set an “outperform” rating for the company in a research report on Thursday, January 30th. Cormark decreased their target price on Trisura Group from C$54.00 to C$47.00 in a research note on Monday, February 10th. Finally, Raymond James reduced their price objective on Trisura Group from C$64.00 to C$57.00 in a research note on Tuesday. Six investment analysts have rated the stock with a buy rating, According to MarketBeat, Trisura Group has a consensus rating of “Buy” and a consensus price target of C$55.00.

About Trisura Group

Trisura Group Ltd., a specialty insurance company, operates in the surety, risk solutions, corporate insurance, and reinsurance businesses in Canada, the United States, and internationally. The company operates through Trisura Canada and Trisura the United States segments. It also offers risk solutions, fronting, and insurance products, as well as provides business underwriting services.