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

Relx Plc (LON:REL) insider Erik Engstrom sold 128,798 shares of the company’s stock in a transaction that occurred on Friday, February 14th. 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).

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

• On Tuesday, February 18th, Erik Engstrom sold 7,521 shares of Relx stock. 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).

Relx Stock Performance

REL traded down GBX 19 ($0.24) during trading hours on Tuesday, reaching GBX 4,029 ($50.83). The company’s stock had a trading volume of 3,428,466 shares, compared to its average volume of 3,085,930. 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’s 50-day moving average is GBX 3,839.36 and its 200-day moving average is GBX 3,682.41. The company has a debt-to-equity ratio of 216.69, a quick ratio of 0.45 and a current ratio of 0.48. The firm has a market cap of £74.51 billion, a PE ratio of 40.22, a price-to-earnings-growth ratio of 2.69 and a beta of 0.48.

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

Analyst Upgrades and Downgrades

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