Nutrien (TSE:NTR) Insider Sells C$1,650,909.60 in Stock

Nutrien Ltd. (TSE:NTR) insider Jeffrey Martin Tarsi sold 18,846 shares of the stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of C$87.60, for a total value of C$1,650,909.60. Following the sale, the insider owned 2,312 shares of the company’s stock, valued at approximately C$202,531.20. This represents a 89.07% decrease in their ownership of the stock.

Nutrien Stock Performance

Shares of TSE NTR opened at C$96.26 on Tuesday. The company has a debt-to-equity ratio of 59.10, a current ratio of 1.27 and a quick ratio of 0.65. Nutrien Ltd. has a one year low of C$65.35 and a one year high of C$98.37. The business’s 50-day moving average price is C$85.42 and its two-hundred day moving average price is C$82.11. The company has a market capitalization of C$46.53 billion, a P/E ratio of 25.95, a price-to-earnings-growth ratio of 1.15 and a beta of 1.33.

Nutrien (TSE:NTR) last posted its quarterly earnings results on Wednesday, November 5th. The company reported C$0.97 earnings per share for the quarter. The company had revenue of C$6.01 billion during the quarter. Nutrien had a return on equity of 2.93% and a net margin of 2.76%. Analysts anticipate that Nutrien Ltd. will post 5.3416399 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Wells Fargo & Company raised shares of Nutrien to a “hold” rating in a research report on Tuesday, November 11th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Nutrien presently has a consensus rating of “Hold”.

About Nutrien

Nutrien is the world’s largest fertilizer producer by capacity. Nutrien produces the three main crop nutrientsnitrogen, potash, and phosphatealthough its main focus is potash, where it is the global leader in installed capacity with roughly 20% share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.