Relx Plc (LON:REL) Insider Erik Engstrom Sells 7,521 Shares

Relx Plc (LON:REL) insider Erik Engstrom sold 7,521 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of GBX 4,060 ($51.22), for a total value of £305,352.60 ($385,205.75).

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

• On Friday, February 14th, Erik Engstrom sold 128,798 shares of Relx stock. The stock was sold at an average price of GBX 4,073 ($51.38), for a total value of £5,245,942.54 ($6,617,815.74).

Relx Stock Performance

LON REL opened at GBX 4,029 ($50.83) on Wednesday. The company has a quick ratio of 0.45, a current ratio of 0.48 and a debt-to-equity ratio of 216.69. The firm has a market cap of £74.51 billion, a P/E ratio of 40.22, a P/E/G ratio of 2.69 and a beta of 0.48. 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 business’s 50-day moving average price is GBX 3,839.36 and its 200 day moving average price is GBX 3,682.41.

Relx (LON:REL) last announced its quarterly earnings data 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%. On average, equities research analysts expect that Relx Plc will post 134.0035675 earnings per share for the current year.

Wall Street Analyst Weigh In

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