TransUnion President Chaouki sells $95,950 in stock

In a recent filing with the Securities and Exchange Commission, TransUnion (NYSE:TRU) disclosed that Chaouki Steven M, President of US Markets, sold 1,000 shares of common stock. The shares were sold at a price of $95.95 each, totaling $95,950. The transaction occurred as TransUnion’s stock trades near $97.68, with analysts setting price targets ranging from $101 to $130. InvestingPro analysis indicates the stock is currently fairly valued. This transaction was executed on February 3, 2025, under a Rule 10b5-1 trading plan, which allows insiders to set up a predetermined plan to sell stocks. Following this sale, Chaouki retains ownership of 58,488 shares in the company. With TransUnion’s market capitalization at $19.05 billion and notable stock price volatility, investors can access comprehensive insider trading patterns and 13 additional key insights through InvestingPro’s detailed research reports.

In other recent news, TransUnion has been making strategic moves to enhance its performance and growth. RBC Capital Markets has maintained an Outperform rating on TransUnion, emphasizing the benefits of its recent acquisition of Trans Union de Mexico. This acquisition is projected to enhance growth in emerging markets, especially Mexico, and is expected to be accretive to earnings per share from the first year.

Simultaneously, TransUnion plans to increase its stake in Trans Union de Mexico, aiming to expand its services in the Mexican market and strengthen its position as a leading credit bureau in Spanish-speaking Latin America. The deal is anticipated to generate substantial revenue and be accretive to adjusted diluted earnings per share in the first year of majority ownership.

Meanwhile, Jefferies has held a Buy rating on TransUnion but adjusted the stock’s price target due to expected fourth-quarter performance and foreign exchange headwinds. Despite this, TransUnion’s results are expected to align with the higher end of the fourth-quarter guidance previously provided by the company’s management.

TransUnion also recently refinanced a substantial portion of its debt, aiming to optimize its debt structure. This strategic financial maneuver involved the establishment of new term loans and the refinancing of existing ones.

Lastly, TransUnion announced changes in its board and executive retirement. Board member William P. Bosworth will resign at the end of 2024, and Timothy J. Martin, Executive Vice President and Chief Global Solutions Officer, plans to retire in September 2026. These developments are part of TransUnion’s ongoing corporate governance updates.

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