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 business’s stock in a transaction 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 Stock Performance

REL stock opened at GBX 4,029 ($50.83) on Wednesday. The company has a market capitalization of £74.51 billion, a P/E ratio of 40.22, a PEG ratio of 2.69 and a beta of 0.48. The company has a 50-day simple moving average of GBX 3,839.36 and a 200 day simple moving average of GBX 3,682.41. Relx Plc has a fifty-two week low of GBX 3,218 ($40.60) and a fifty-two week high of GBX 4,205 ($53.05). The company has a quick ratio of 0.45, a current ratio of 0.48 and a debt-to-equity ratio of 216.69.

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%. Sell-side analysts predict that Relx Plc will post 134.0035675 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 4,770 ($60.17) price target 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.