Relx Plc (LON:REL) Insider Erik Engstrom Sells 128,798 Shares of Stock

Relx Plc (LON:REL) insider Erik Engstrom sold 128,798 shares of Relx stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of GBX 4,073 ($51.38), for a total transaction of £5,245,942.54 ($6,617,815.74).

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

• On Tuesday, February 18th, Erik Engstrom sold 7,521 shares of Relx stock. The shares were sold at an average price of GBX 4,060 ($51.22), for a total transaction of £305,352.60 ($385,205.75).

Relx Trading Down 0.5 %

LON REL opened at GBX 4,029 ($50.83) on Wednesday. The company’s fifty day simple moving average is GBX 3,839.36 and its 200-day simple moving average is GBX 3,682.41. Relx Plc has a 52 week low of GBX 3,218 ($40.60) and a 52 week high of GBX 4,205 ($53.05). The company has a current ratio of 0.48, a quick ratio of 0.45 and a debt-to-equity ratio of 216.69. The stock has a market cap of £74.51 billion, a P/E ratio of 40.22, a PEG ratio of 2.69 and a beta of 0.48.

Relx (LON:REL) last posted its earnings results on Thursday, February 13th. The company reported GBX 120.10 ($1.52) EPS for the quarter. Relx had a net margin of 20.34% and a return on equity of 56.71%. Equities research analysts predict that Relx Plc will post 134.0035675 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 4,770 ($60.17) price target on shares of Relx in a research report on Tuesday.

About Relx

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.