TransUnion (NYSE:TRU) saw unusually large options trading activity on Thursday. Stock traders purchased 15,425 put options on the company. This is an increase of 1,999% compared to the average daily volume of 735 put options.
In other TransUnion news, EVP John W. Blenke sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 16th. The shares were sold at an average price of $41.82, for a total transaction of $418,200.00. Following the completion of the transaction, the executive vice president now owns 114,717 shares of the company’s stock, valued at $4,797,464.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP David M. Neenan sold 60,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 2nd. The shares were sold at an average price of $39.15, for a total transaction of $2,349,000.00. Following the transaction, the executive vice president now directly owns 80,430 shares of the company’s stock, valued at approximately $3,148,834.50. The disclosure for this sale can be found here. Over the last three months, insiders sold 22,439,994 shares of company stock valued at $849,923,194. 1.60% of the stock is owned by insiders.
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Seven Eight Capital LP bought a new position in shares of TransUnion during the fourth quarter worth about $114,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in TransUnion by 37.2% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,086 shares of the business services provider’s stock valued at $157,000 after buying an additional 1,108 shares during the period. Envestnet Asset Management Inc. increased its stake in TransUnion by 10.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 6,220 shares of the business services provider’s stock valued at $193,000 after buying an additional 609 shares during the period. CIBC Asset Management Inc acquired a new stake in TransUnion during the third quarter valued at approximately $202,000. Finally, MUFG Americas Holdings Corp acquired a new stake in TransUnion during the fourth quarter valued at approximately $211,000. Institutional investors and hedge funds own 99.18% of the company’s stock.
Shares of TransUnion (NYSE:TRU) opened at 41.90 on Friday. The stock has a market cap of $7.65 billion, a PE ratio of 45.89 and a beta of 0.38. The company has a 50-day moving average of $39.81 and a 200 day moving average of $34.97. TransUnion has a one year low of $28.92 and a one year high of $42.30.
TransUnion (NYSE:TRU) last issued its quarterly earnings results on Tuesday, April 25th. The business services provider reported $0.42 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.06. TransUnion had a net margin of 5.46% and a return on equity of 16.65%. The business had revenue of $445 million for the quarter, compared to analyst estimates of $444.53 million. During the same quarter in the prior year, the business posted $0.32 EPS. TransUnion’s revenue for the quarter was up 9.6% compared to the same quarter last year. On average, analysts predict that TransUnion will post $1.78 earnings per share for the current year.
Several brokerages recently weighed in on TRU. Zacks Investment Research downgraded shares of TransUnion from a “buy” rating to a “hold” rating in a research report on Monday, May 1st. Royal Bank of Canada reissued a “buy” rating and set a $45.00 price target on shares of TransUnion in a research report on Wednesday, April 26th. Barclays PLC reissued a “buy” rating and set a $45.00 price target on shares of TransUnion in a research report on Thursday, April 27th. Cowen and Company raised their price target on shares of TransUnion from $42.00 to $44.00 and gave the company an “outperform” rating in a research report on Wednesday, April 26th. Finally, Deutsche Bank AG reissued a “buy” rating and set a $47.00 price target (up previously from $45.00) on shares of TransUnion in a research report on Saturday, April 29th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. TransUnion has a consensus rating of “Buy” and an average price target of $42.78.
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TransUnion is a risk and information solutions provider to businesses and consumers. The Company provides consumer reports, risk scores, analytical services and decision capabilities to businesses. The Company operates through three segments: U.S. Information Services (USIS), International and Consumer Interactive.
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