Palantir a high-risk investment with ’a one-of-a-kind growth and margin model’
Steven M. Chaouki, President of U.S. Markets at TransUnion (NYSE:TRU), recently sold 1,000 shares of the company’s common stock. The transaction, executed on April 1, was carried out at an average price of $83.31 per share, totaling $83,310. The stock has since declined to $75.38, marking an 11% drop over the past week. According to InvestingPro analysis, TransUnion currently appears undervalued, with impressive gross profit margins of 60%. Following this sale, Chaouki’s direct ownership stands at 77,393 shares. The sale was conducted under a Rule 10b5-1 trading plan, which allows insiders to set up a predetermined plan to sell company stock, helping to avoid potential accusations of insider trading. With a market capitalization of $14.7 billion and 12 additional exclusive insights available on InvestingPro, investors can access comprehensive analysis including the company’s detailed Fair Value assessment and financial health metrics.
In other recent news, TransUnion reported stronger-than-expected earnings for the fourth quarter of 2024, with earnings per share of $0.97, surpassing the forecast of $0.96. The company’s revenue also exceeded expectations, reaching $1.04 billion compared to the anticipated $1.03 billion. In a strategic move, TransUnion completed its acquisition of Monevo, a credit prequalification and distribution platform, from Quint Group Limited. The acquisition is expected to enhance TransUnion’s portfolio and improve credit access for consumers. Additionally, TransUnion announced the appointment of Mohamed Abdelsadek as Executive Vice President and Chief Global Solutions Officer, and Tiffani Chambers as Executive Vice President and Chief Operations Officer, both of whom bring extensive experience in financial services to their new roles. RBC Capital Markets provided a positive outlook on TransUnion, noting stable lending volumes and a potential reacceleration of revenue growth in India. TransUnion’s CFO highlighted expectations for robust growth in emerging verticals such as insurance and Trusted Calls. These developments reflect TransUnion’s ongoing efforts to expand its global solutions capabilities and reinforce its market position.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.