TransUnion (NYSE:TRU) Insider Sells $90,140.00 in Stock

TransUnion (NYSE:TRU) insider Steven M. Chaouki sold 1,000 shares of TransUnion stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $90.14, for a total value of $90,140.00. Following the transaction, the insider now directly owns 69,547 shares in the company, valued at $6,268,966.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

TransUnion Price Performance

Shares of TRU opened at $83.20 on Thursday. The business’s 50-day moving average is $77.28 and its 200-day moving average is $75.95. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.66 and a quick ratio of 1.66. The company has a market capitalization of $16.16 billion, a price-to-earnings ratio of -58.18, a P/E/G ratio of 1.26 and a beta of 1.61. TransUnion has a fifty-two week low of $42.09 and a fifty-two week high of $91.71.

TransUnion (NYSE:TRU) last released its quarterly earnings data on Thursday, July 25th. The business services provider reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.13. The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.02 billion. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.76 EPS. Equities research analysts expect that TransUnion will post 3.43 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Royal Bank of Canada lifted their price objective on shares of TransUnion from $85.00 to $106.00 and gave the stock an “outperform” rating in a research note on Friday, July 26th. Bank of America upgraded shares of TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 price target on the stock in a research report on Thursday, June 20th. Wolfe Research assumed coverage on TransUnion in a research report on Tuesday, July 9th. They set a “peer perform” rating for the company. Robert W. Baird raised their price objective on TransUnion from $94.00 to $104.00 and gave the stock an “outperform” rating in a research note on Friday, July 26th. Finally, Stifel Nicolaus boosted their target price on TransUnion from $83.00 to $92.00 and gave the stock a “buy” rating in a research report on Friday, April 26th. Six equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $86.80.

Institutional Trading of TransUnion

Several hedge funds and other institutional investors have recently modified their holdings of TRU. GAMMA Investing LLC purchased a new stake in shares of TransUnion during the 4th quarter worth about $30,000. Larson Financial Group LLC raised its position in TransUnion by 237.5% during the first quarter. Larson Financial Group LLC now owns 486 shares of the business services provider’s stock valued at $39,000 after acquiring an additional 342 shares in the last quarter. Westpac Banking Corp lifted its stake in TransUnion by 100.0% in the fourth quarter. Westpac Banking Corp now owns 908 shares of the business services provider’s stock valued at $62,000 after acquiring an additional 454 shares during the last quarter. National Bank of Canada FI lifted its stake in TransUnion by 22.3% in the second quarter. National Bank of Canada FI now owns 910 shares of the business services provider’s stock valued at $66,000 after acquiring an additional 166 shares during the last quarter. Finally, Blue Trust Inc. lifted its stake in shares of TransUnion by 156.6% in the 2nd quarter. Blue Trust Inc. now owns 857 shares of the business services provider’s stock valued at $68,000 after purchasing an additional 523 shares during the last quarter.

About TransUnion

TransUnion operates as a global consumer credit reporting agency that provides risk and information solutions. The company operates through U.S. Markets, International, and Consumer Interactive segments. The U.S. Markets segment provides consumer reports, actionable insights, and analytic services to businesses, which uses 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 mitigate fraud risk.