Insider Selling: Thomson Reuters Corp (TRI) Director Sells 9,690 Shares of Stock

Thomson Reuters Corp (TSE:TRI) (NYSE:TRI) Director Linda Walker sold 9,690 shares of Thomson Reuters stock in a transaction dated Monday, March 19th. The shares were sold at an average price of C$38.98, for a total value of C$377,716.20.

Thomson Reuters Corp (TRI) traded up C$0.67 on Tuesday, reaching C$51.89. The company had a trading volume of 2,193,215 shares, compared to its average volume of 910,246. Thomson Reuters Corp has a 12-month low of C$49.26 and a 12-month high of C$62.83. The firm has a market cap of $36,690.00, a price-to-earnings ratio of 26.00 and a beta of 0.32.

Thomson Reuters (TSE:TRI) (NYSE:TRI) last posted its earnings results on Thursday, February 8th. The company reported C$0.77 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.72 by C$0.05. Thomson Reuters had a return on equity of 8.57% and a net margin of 9.85%. The firm had revenue of C$3.74 billion during the quarter, compared to analyst estimates of C$3.71 billion.

The business also recently announced a quarterly dividend, which was paid on Thursday, March 15th. Investors of record on Thursday, February 22nd were issued a $0.433 dividend. This is a positive change from Thomson Reuters’s previous quarterly dividend of $0.35. This represents a $1.73 annualized dividend and a yield of 3.34%. The ex-dividend date was Wednesday, February 21st. Thomson Reuters’s payout ratio is 70.05%.

Several equities research analysts have recently issued reports on TRI shares. National Bank Financial lowered Thomson Reuters from an “outperform” rating to a “sector perform” rating and reduced their price target for the company from C$68.00 to C$60.00 in a report on Wednesday, January 31st. Scotiabank reduced their price target on Thomson Reuters to C$69.00 and set an “outperform” rating for the company in a report on Wednesday, November 22nd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. Thomson Reuters currently has an average rating of “Hold” and a consensus price target of C$62.25.

TRADEMARK VIOLATION WARNING: “Insider Selling: Thomson Reuters Corp (TRI) Director Sells 9,690 Shares of Stock” was first published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this article on another domain, it was illegally copied and republished in violation of United States & international copyright and trademark legislation. The correct version of this article can be read at

About Thomson Reuters

Thomson Reuters Corp (Thomson Reuters) is a Canada-based 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 unit is a provider of critical news, information and analytics, enabling transactions and connecting communities of trading, investment, financial and corporate professionals.

Insider Buying and Selling by Quarter for Thomson Reuters (TSE:TRI)

Receive News & Ratings for Thomson Reuters Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thomson Reuters and related companies with's FREE daily email newsletter.

Leave a Reply