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 company’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 transaction 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 stock was 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 %

REL stock opened at GBX 3,984 ($50.48) on Friday. The firm has a market cap of £73.67 billion, a PE ratio of 39.77, a PEG ratio of 2.69 and a beta of 0.48. 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 company has a fifty day simple moving average of GBX 3,852.48 and a 200 day simple moving average of GBX 3,688.47. The company has a current ratio of 0.48, a quick ratio of 0.45 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 for the quarter. Relx had a return on equity of 56.71% and a net margin of 20.34%. Sell-side analysts anticipate that Relx Plc will post 134.0035675 EPS for the current fiscal year.

Analyst Ratings Changes

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