Sean Cannizzaro Sells 2,000 Shares of Thomson Reuters Corp (TRI) Stock
Thomson Reuters Corp (TSE:TRI) (NYSE:TRI) Director Sean Cannizzaro sold 2,000 shares of the business’s stock in a transaction on Monday, March 20th. The shares were sold at an average price of C$43.44, for a total value of C$86,880.00.
Sean Cannizzaro also recently made the following trade(s):
- On Friday, February 10th, Sean Cannizzaro sold 500 shares of Thomson Reuters Corp stock. The stock was sold at an average price of C$43.96, for a total value of C$21,980.00.
Shares of Thomson Reuters Corp (TSE:TRI) traded down 1.45% during mid-day trading on Thursday, reaching $57.59. 934,774 shares of the company were exchanged. The firm’s 50-day moving average is $57.80 and its 200-day moving average is $57.23. Thomson Reuters Corp has a 12 month low of $50.01 and a 12 month high of $60.13. The company has a market capitalization of $41.88 billion and a price-to-earnings ratio of 13.93.
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A number of analysts have recently commented on TRI shares. Scotiabank restated a “sector perform” rating and set a C$43.00 price objective on shares of Thomson Reuters Corp in a report on Sunday, February 12th. Royal Bank of Canada dropped their price objective on Thomson Reuters Corp from C$59.00 to C$56.50 and set a “sector perform” rating for the company in a report on Friday, February 10th. TD Securities upped their price objective on Thomson Reuters Corp from C$57.00 to C$59.00 and gave the stock a “hold” rating in a report on Wednesday, December 21st. Berenberg Bank restated a “sell” rating and set a C$50.00 price objective on shares of Thomson Reuters Corp in a report on Thursday. Finally, National Bank Financial upgraded Thomson Reuters Corp from a “sector perform market weight” rating to an “outperform market weight” rating in a report on Monday. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of C$53.49.
About Thomson Reuters Corp
Thomson Reuters Corporation (Thomson Reuters) is a provider of news and information for professional markets. The Company is organized in three business units: Financial & Risk, Legal, and Tax & Accounting. The Financial & Risk segment is a provider of critical news, information and analytics, enabling transactions and connecting communities of trading, investment, financial and corporate professionals.
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