Insider Selling: Relx Plc (LON:REL) Insider Sells 7,521 Shares of Stock

Relx Plc (LON:REL) insider Erik Engstrom sold 7,521 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of GBX 4,060 ($51.44), for a total value of £305,352.60 ($386,914.09).

Erik Engstrom also recently made the following trade(s):

• On Friday, February 14th, Erik Engstrom sold 128,798 shares of Relx stock. The shares were sold at an average price of GBX 4,073 ($51.61), for a total value of £5,245,942.54 ($6,647,164.90).

Relx Price Performance

LON:REL opened at GBX 3,984 ($50.48) on Friday. Relx Plc has a 12-month low of GBX 3,218 ($40.78) and a 12-month high of GBX 4,205 ($53.28). The firm has a market capitalization of £73.67 billion, a price-to-earnings ratio of 39.77, a P/E/G ratio of 2.69 and a beta of 0.48. The stock’s 50 day moving average price is GBX 3,852.48 and its two-hundred day moving average price is GBX 3,688.47. The company has a quick ratio of 0.45, a current ratio of 0.48 and a debt-to-equity ratio of 216.69.

Relx (LON:REL) last announced its quarterly earnings results on Thursday, February 13th. The company reported GBX 120.10 ($1.52) earnings per share (EPS) for the quarter. Relx had a return on equity of 56.71% and a net margin of 20.34%. On average, analysts anticipate that Relx Plc will post 134.0035675 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 4,770 ($60.44) price target on shares of Relx in a research report on Tuesday.

Relx Company Profile

RELX is a global provider of information-based analytics and decision tools for professional and business customers. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs over 33,000 people, of whom almost half are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.