Triton International Limited (TRTN) Insider Kevin Valentine Sells 2,000 Shares

Triton International Limited (NASDAQ:TRTN) insider Kevin Valentine sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 24th. The shares were sold at an average price of $30.00, for a total transaction of $60,000.00. Following the completion of the sale, the insider now directly owns 65,705 shares of the company’s stock, valued at approximately $1,971,150. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Kevin Valentine also recently made the following trade(s):

  • On Tuesday, June 13th, Kevin Valentine sold 2,000 shares of Triton International Limited stock. The stock was sold at an average price of $32.50, for a total transaction of $65,000.00.
  • On Friday, May 19th, Kevin Valentine sold 2,000 shares of Triton International Limited stock. The shares were sold at an average price of $27.50, for a total transaction of $55,000.00.
  • On Wednesday, May 17th, Kevin Valentine sold 2,000 shares of Triton International Limited stock. The shares were sold at an average price of $27.49, for a total transaction of $54,980.00.

Triton International Limited (NASDAQ TRTN) traded up 1.61% on Friday, hitting $32.28. 531,282 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $29.32 and a 200-day moving average price of $24.61. Triton International Limited has a 52-week low of $11.50 and a 52-week high of $33.25.

Triton International Limited (NASDAQ:TRTN) last issued its quarterly earnings data on Tuesday, March 14th. The company reported $0.21 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.21. The business had revenue of $259.50 million during the quarter, compared to the consensus estimate of $251.91 million. The company’s revenue was up 50.0% on a year-over-year basis. On average, equities analysts predict that Triton International Limited will post $2.46 earnings per share for the current year.

Insider Buying and Selling by Quarter for Triton International Limited (NASDAQ:TRTN)

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 22nd. Stockholders of record on Thursday, June 1st will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 5.58%. The ex-dividend date of this dividend is Tuesday, May 30th.

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Several institutional investors have recently modified their holdings of the company. Driehaus Capital Management LLC purchased a new stake in Triton International Limited during the first quarter worth approximately $1,049,000. Tudor Investment Corp ET AL purchased a new stake in Triton International Limited during the first quarter worth approximately $329,000. Geode Capital Management LLC boosted its stake in Triton International Limited by 7.6% in the first quarter. Geode Capital Management LLC now owns 266,692 shares of the company’s stock worth $6,877,000 after buying an additional 18,778 shares during the last quarter. Foresters Investment Management Company Inc. boosted its stake in Triton International Limited by 11.4% in the first quarter. Foresters Investment Management Company Inc. now owns 1,290,800 shares of the company’s stock worth $33,290,000 after buying an additional 131,900 shares during the last quarter. Finally, Teachers Advisors LLC boosted its stake in Triton International Limited by 391.6% in the first quarter. Teachers Advisors LLC now owns 478,942 shares of the company’s stock worth $12,352,000 after buying an additional 381,523 shares during the last quarter.

Several equities research analysts recently commented on TRTN shares. SunTrust Banks, Inc. boosted their price objective on shares of Triton International Limited from $28.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, April 7th. Bank of America Corporation reissued a “buy” rating and set a $36.00 price target (up from $32.00) on shares of Triton International Limited in a research report on Monday, May 15th. Zacks Investment Research upgraded shares of Triton International Limited from a “hold” rating to a “strong-buy” rating and set a $35.00 price objective on the stock in a research note on Friday, April 28th. Cowen and Company restated an “outperform” rating and set a $40.00 price objective on shares of Triton International Limited in a research note on Monday, May 15th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $28.00 price target on shares of Triton International Limited in a research note on Friday, May 12th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. Triton International Limited presently has a consensus rating of “Buy” and a consensus target price of $33.17.

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