Thomson Reuters Co. (TSE:TRI – Get Free Report) (NYSE:TRI) insider The Woodbridge Company Limited sold 120,000 shares of the company’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of C$148.19, for a total transaction of C$17,782,800.00. Following the sale, the insider directly owned 306,223,126 shares of the company’s stock, valued at C$45,379,205,041.94. This represents a 0.04% decrease in their ownership of the stock.
The Woodbridge Company Limited also recently made the following trade(s):
- On Tuesday, August 25th, The Woodbridge Company Limited sold 80,000 shares of Thomson Reuters stock. The stock was sold at an average price of C$145.64, for a total transaction of C$11,651,200.00.
- On Wednesday, August 26th, The Woodbridge Company Limited sold 65,000 shares of Thomson Reuters stock. The stock was sold at an average price of C$145.38, for a total transaction of C$9,449,700.00.
Thomson Reuters Trading Up 2.2%
Shares of TRI stock traded up C$3.14 during trading hours on Thursday, reaching C$145.28. 328,995 shares of the stock traded hands, compared to its average volume of 806,096. The company has a quick ratio of 0.52, a current ratio of 0.51 and a debt-to-equity ratio of 28.56. The firm has a market capitalization of C$62.94 billion, a PE ratio of 38.68, a PEG ratio of 3.64 and a beta of 0.08. Thomson Reuters Co. has a 1-year low of C$107.91 and a 1-year high of C$248.50. The business has a fifty day moving average price of C$132.55 and a 200 day moving average price of C$126.87.
Analyst Upgrades and Downgrades
A number of research analysts have recently weighed in on TRI shares. National Bank Financial lifted their price target on Thomson Reuters from C$171.00 to C$180.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Scotia reduced their price objective on Thomson Reuters from C$156.00 to C$138.00 and set a “sector outperform” rating for the company in a research note on Wednesday, May 6th. Finally, TD raised their price objective on Thomson Reuters from C$185.00 to C$200.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Three analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Thomson Reuters presently has a consensus rating of “Buy” and an average price target of C$166.33.
Get Our Latest Analysis on Thomson Reuters
About Thomson Reuters
Thomson Reuters (TSX/Nasdaq: TRI) powers business-critical professions with trusted AI technology built for high-stakes work. The company serves professionals across legal, tax, audit, accounting, compliance, government, and media with products that combine highly specialized software, authoritative content, and deep domain expertise. Reuters, part of Thomson Reuters, is a world-leading provider of trusted journalism and news.
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