Insider Selling: Relx Plc (LON:REL) Insider Sells £5,245,942.54 in Stock

Relx Plc (LON:REL) insider Erik Engstrom sold 128,798 shares of the business’s stock in a transaction on Friday, February 14th. The stock was sold at an average price of GBX 4,073 ($51.61), for a total value of £5,245,942.54 ($6,647,164.90).

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 ($51.44), for a total value of £305,352.60 ($386,914.09).

Relx Stock Down 0.3 %

Shares of REL stock opened at GBX 3,984 ($50.48) on Friday. The business’s fifty day moving average is GBX 3,852.48 and its 200-day moving average is GBX 3,688.47. Relx Plc has a 1 year low of GBX 3,218 ($40.78) and a 1 year high of GBX 4,205 ($53.28). The stock has a market cap of £73.67 billion, a PE ratio of 39.77, a price-to-earnings-growth ratio of 2.69 and a beta of 0.48. The company has a debt-to-equity ratio of 216.69, a quick ratio of 0.45 and a current ratio of 0.48.

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

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 4,770 ($60.44) target price 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.