Insider Selling: TransUnion (NYSE:TRU) Insider Sells 1,000 Shares of Stock

TransUnion (NYSE:TRU) insider Steven M. Chaouki sold 1,000 shares of the company’s 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 sale, the insider now owns 69,547 shares of the company’s stock, valued at approximately $6,268,966.58. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

TransUnion Stock Down 1.2 %

NYSE:TRU traded down $1.02 on Monday, hitting $84.36. 1,892,546 shares of the company’s stock were exchanged, compared to its average volume of 1,630,691. The company has a market cap of $16.39 billion, a P/E ratio of -58.76, a price-to-earnings-growth ratio of 1.26 and a beta of 1.61. The firm has a 50-day moving average price of $76.75 and a 200-day moving average price of $75.67. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.66 and a quick ratio of 1.66. TransUnion has a 52 week low of $42.09 and a 52 week high of $91.71.

TransUnion (NYSE:TRU) last issued its earnings results on Thursday, July 25th. The business services provider reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.13. The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.02 billion. TransUnion had a negative net margin of 6.11% and a positive return on equity of 15.03%. TransUnion’s revenue was up 7.5% on a year-over-year basis. During the same period last year, the business posted $0.76 EPS. As a group, analysts expect that TransUnion will post 3.43 EPS for the current fiscal year.

Institutional Trading of TransUnion

A number of institutional investors and hedge funds have recently bought and sold shares of TRU. Nisa Investment Advisors LLC increased its stake in shares of TransUnion by 11.2% in the fourth quarter. Nisa Investment Advisors LLC now owns 7,095 shares of the business services provider’s stock valued at $487,000 after buying an additional 715 shares during the period. Lecap Asset Management Ltd. acquired a new stake in shares of TransUnion in the 4th quarter valued at about $1,006,000. CANADA LIFE ASSURANCE Co increased its position in TransUnion by 3.6% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 179,865 shares of the business services provider’s stock valued at $14,369,000 after buying an additional 6,270 shares in the last quarter. Picton Mahoney Asset Management acquired a new position in TransUnion during the 1st quarter worth approximately $3,900,000. Finally, California State Teachers Retirement System boosted its holdings in TransUnion by 2.4% in the first quarter. California State Teachers Retirement System now owns 327,518 shares of the business services provider’s stock worth $26,136,000 after acquiring an additional 7,636 shares in the last quarter.

Wall Street Analysts Forecast Growth

TRU has been the topic of several analyst reports. Bank of America upgraded TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 price target on the stock in a report on Thursday, June 20th. Needham & Company LLC upped their target price on shares of TransUnion from $89.00 to $92.00 and gave the company a “buy” rating in a research report on Friday, July 26th. Robert W. Baird boosted their price target on shares of TransUnion from $94.00 to $104.00 and gave the stock an “outperform” rating in a research note on Friday, July 26th. Stifel Nicolaus raised their price objective on shares of TransUnion from $83.00 to $92.00 and gave the company a “buy” rating in a research note on Friday, April 26th. Finally, Wolfe Research started coverage on TransUnion in a research note on Tuesday, July 9th. They issued a “peer perform” rating on the stock. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $86.80.

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.