Thomson Reuters (TSE:TRI) Insider The Woodbridge Company Limited Sells 65,000 Shares

Thomson Reuters Co. (TSE:TRIGet Free Report) (NYSE:TRI) insider The Woodbridge Company Limited sold 65,000 shares of the firm’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of C$145.38, for a total value of C$9,449,700.00. Following the completion of the sale, the insider owned 306,093,126 shares of the company’s stock, valued at approximately C$44,499,818,657.88. This represents a 0.02% 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 Tuesday, August 25th, The Woodbridge Company Limited sold 120,000 shares of Thomson Reuters stock. The shares were sold at an average price of C$148.19, for a total transaction of C$17,782,800.00.

Thomson Reuters Trading Up 2.1%

Shares of TRI opened at C$145.11 on Friday. Thomson Reuters Co. has a twelve month low of C$107.91 and a twelve month high of C$248.50. The company has a market cap of C$62.87 billion, a P/E ratio of 38.63, a P/E/G ratio of 3.64 and a beta of 0.08. The company has a current ratio of 0.51, a quick ratio of 0.52 and a debt-to-equity ratio of 28.56. The company’s fifty day simple moving average is C$133.23 and its 200-day simple moving average is C$127.05.

Thomson Reuters (TSE:TRIGet Free Report) (NYSE:TRI) last released its quarterly earnings results on Wednesday, August 5th. The company reported C$1.41 EPS for the quarter. The firm had revenue of C$2.78 billion during the quarter. Thomson Reuters had a net margin of 21.22% and a return on equity of 14.27%. As a group, analysts expect that Thomson Reuters Co. will post 5.6395803 EPS for the current year.

Analysts Set New Price Targets

TRI has been the subject of several recent analyst reports. Scotia dropped their target price on Thomson Reuters from C$156.00 to C$138.00 and set a “sector outperform” rating for the company in a research report on Wednesday, May 6th. TD increased their price target on Thomson Reuters from C$185.00 to C$200.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Finally, National Bank Financial raised their price target on Thomson Reuters from C$171.00 to C$180.00 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. Three research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Thomson Reuters currently has a consensus rating of “Buy” and an average price target of C$166.33.

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Thomson Reuters Company Profile

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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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Insider Buying and Selling by Quarter for Thomson Reuters (TSE:TRI)

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