Trade Report: Today, Insider Buying: Triton International Limited (TRTN) Director Buys $63,690.00 in Stock

Today, Insider Buying: Triton International Limited (TRTN) Director Buys $63,690.00 in Stock

Triton International Limited (NASDAQ:TRTN) Director Malcolm Baker bought 3,000 shares of Triton International Limited stock in a transaction that occurred on Tuesday, November 22nd. The shares were acquired at an average price of $21.23 per share, for a total transaction of $63,690.00. Following the completion of the transaction, the director now directly owns 38,025 shares of the company’s stock, valued at approximately $807,270.75. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Shares of Triton International Limited (NASDAQ:TRTN) opened at 21.16 on Friday. The firm’s 50-day moving average price is $14.19 and its 200 day moving average price is $14.57. Triton International Limited has a 52 week low of $8.15 and a 52 week high of $21.34.

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 22nd. Stockholders of record on Friday, December 2nd will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 8.51%. The ex-dividend date is Wednesday, November 30th.

Several institutional investors have recently modified their holdings of the stock. Airain ltd purchased a new position in shares of Triton International Limited during the third quarter valued at about $134,000. LSV Asset Management purchased a new position in shares of Triton International Limited during the third quarter valued at about $22,140,000. Wedbush Securities Inc. purchased a new position in shares of Triton International Limited during the third quarter valued at about $1,223,000. Camelot Portfolios LLC purchased a new position in shares of Triton International Limited during the third quarter valued at about $707,000. Finally, UBS Asset Management Americas Inc. purchased a new position in shares of Triton International Limited during the third quarter valued at about $186,000.

Several equities analysts recently weighed in on TRTN shares. Bank of America Corp. downgraded Triton International Limited from a “neutral” rating to an “underperform” rating and set a $12.00 target price on the stock. in a research report on Tuesday, August 9th. Zacks Investment Research downgraded Triton International Limited from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 11th. Finally, Cowen and Company increased their target price on Triton International Limited from $15.00 to $17.00 and gave the stock a “market perform” rating in a research report on Friday, November 11th.

Related posts

Leave a Comment