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

Relx Plc (LON:REL) insider Erik Engstrom sold 128,798 shares of Relx stock in a transaction on Friday, February 14th. The shares were sold at an average price of GBX 4,073 ($51.25), for a total transaction of £5,245,942.54 ($6,601,160.87).

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 ($51.09), for a total transaction of £305,352.60 ($384,236.32).

Relx Trading Down 0.8 %

LON REL opened at GBX 3,996 ($50.28) on Thursday. 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 £73.89 billion, a PE ratio of 39.89, a P/E/G ratio of 2.69 and a beta of 0.48. Relx Plc has a one year low of GBX 3,218 ($40.49) and a one year high of GBX 4,205 ($52.91). The firm’s fifty day moving average is GBX 3,846.40 and its two-hundred day moving average is GBX 3,686.32.

Relx (LON:REL) last issued its quarterly earnings results on Thursday, February 13th. The company reported GBX 120.10 ($1.51) earnings per share (EPS) for the quarter. Relx had a net margin of 20.34% and a return on equity of 56.71%. Analysts expect that Relx Plc will post 134.0035675 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 4,770 ($60.02) price objective on shares of Relx in a research note on Tuesday.

About Relx

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.