TransUnion (NYSE:TRU) Hits New 52-Week Low After Insider Selling

Shares of TransUnion (NYSE:TRU) hit a new 52-week low during mid-day trading on Wednesday after an insider sold shares in the company. The stock traded as low as $66.24 and last traded at $65.3080, with a volume of 79445 shares changing hands. The stock had previously closed at $67.58.

Specifically, insider Todd C. Skinner sold 500 shares of the firm’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $78.79, for a total value of $39,395.00. Following the sale, the insider directly owned 31,725 shares in the company, valued at approximately $2,499,612.75. This trade represents a 1.55% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Analyst Upgrades and Downgrades

Several research analysts recently commented on TRU shares. Stifel Nicolaus set a $103.00 price objective on shares of TransUnion in a research note on Friday, October 24th. Oppenheimer initiated coverage on shares of TransUnion in a report on Monday, October 13th. They issued an “outperform” rating and a $93.00 price target on the stock. The Goldman Sachs Group upped their price target on TransUnion from $78.00 to $86.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. JPMorgan Chase & Co. lowered their price objective on TransUnion from $118.00 to $107.00 and set an “overweight” rating for the company in a research report on Friday, October 24th. Finally, Morgan Stanley dropped their target price on TransUnion from $122.00 to $120.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $101.08.

TransUnion Stock Up 0.9%

The company has a debt-to-equity ratio of 1.10, a current ratio of 2.01 and a quick ratio of 2.01. The business’s fifty day moving average price is $83.53 and its two-hundred day moving average price is $85.19. The stock has a market capitalization of $13.62 billion, a PE ratio of 32.78, a price-to-earnings-growth ratio of 1.30 and a beta of 1.70.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. North Dakota State Investment Board acquired a new stake in shares of TransUnion during the fourth quarter worth about $589,000. iA Global Asset Management Inc. raised its position in TransUnion by 23.2% during the 4th quarter. iA Global Asset Management Inc. now owns 5,003 shares of the business services provider’s stock worth $429,000 after buying an additional 941 shares during the last quarter. Canada Post Corp Registered Pension Plan raised its position in TransUnion by 11.2% during the 4th quarter. Canada Post Corp Registered Pension Plan now owns 61,377 shares of the business services provider’s stock worth $5,263,000 after buying an additional 6,182 shares during the last quarter. PBCay One RSC Ltd acquired a new stake in TransUnion during the 4th quarter valued at approximately $52,131,000. Finally, Applied Finance Capital Management LLC purchased a new stake in shares of TransUnion in the 4th quarter valued at $375,000.

TransUnion Company Profile

TransUnion is a global information and insights company that helps businesses and consumers make critical decisions using data and analytics. As one of the three major credit bureaus in the United States, TransUnion collects and aggregates credit information on individuals and businesses, providing credit reports, risk scores and portfolio management tools to financial institutions, lenders, landlords and other decision makers. Its consumer-facing products enable individuals to monitor credit status, detect identity theft and access personalized financial insights.

The company’s offerings span credit risk assessment, identity management, fraud prevention and marketing solutions.