Sean Cannizzaro Sells 214 Shares of Thomson Reuters Co. (TSE:TRI) Stock

Thomson Reuters Co. (TSE:TRIGet Rating) (NYSE:TRI) Director Sean Cannizzaro sold 214 shares of the stock in a transaction on Thursday, September 15th. The stock was sold at an average price of C$144.53, for a total transaction of C$30,929.76. Following the completion of the sale, the director now owns 900 shares in the company, valued at approximately C$130,078.44.

Sean Cannizzaro also recently made the following trade(s):

  • On Friday, August 5th, Sean Cannizzaro sold 350 shares of Thomson Reuters stock. The stock was sold at an average price of C$146.54, for a total transaction of C$51,290.40.

Thomson Reuters Stock Performance

TSE:TRI opened at C$146.07 on Wednesday. The company’s 50-day moving average price is C$144.69 and its 200-day moving average price is C$135.26. The company has a current ratio of 0.82, a quick ratio of 0.59 and a debt-to-equity ratio of 30.47. The company has a market cap of C$70.61 billion and a P/E ratio of 99.13. Thomson Reuters Co. has a twelve month low of C$119.23 and a twelve month high of C$156.62.

Thomson Reuters (TSE:TRIGet Rating) (NYSE:TRI) last posted its quarterly earnings results on Thursday, August 4th. The company reported C$0.77 earnings per share for the quarter, topping the consensus estimate of C$0.68 by C$0.09. The business had revenue of C$2.06 billion during the quarter, compared to analysts’ expectations of C$2.08 billion. On average, sell-side analysts forecast that Thomson Reuters Co. will post 4.3194185 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets increased their price objective on shares of Thomson Reuters from C$157.00 to C$160.00 in a report on Monday, September 12th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of C$144.80.

Thomson Reuters Company Profile

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Thomson Reuters Corporation provides business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments.

Further Reading

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