Insider Selling: TC Energy Co. (TSE:TRP) Senior Officer Sells C$4,481,913.69 in Stock

TC Energy Co. (TSE:TRP) (NYSE:TRP) Senior Officer Dawn Elizabeth De Lima sold 64,802 shares of the firm’s stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of C$69.16, for a total transaction of C$4,481,913.69.

Dawn Elizabeth De Lima also recently made the following trade(s):

• On Wednesday, February 26th, Dawn Elizabeth De Lima sold 50,685 shares of TC Energy stock. The shares were sold at an average price of C$63.27, for a total transaction of C$3,206,915.98.

TC Energy Price Performance

Shares of TC Energy stock opened at C$69.50 on Friday. TC Energy Co. has a twelve month low of C$43.83 and a twelve month high of C$70.61. The company has a quick ratio of 0.40, a current ratio of 1.31 and a debt-to-equity ratio of 237.62. The company has a 50-day simple moving average of C$66.49 and a two-hundred day simple moving average of C$65.84. The stock has a market capitalization of C$71.67 billion, a price-to-earnings ratio of 13.82, a price-to-earnings-growth ratio of 1.69 and a beta of 0.82.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Royal Bank of Canada raised their target price on shares of TC Energy from C$71.00 to C$74.00 in a research report on Tuesday, February 18th. CIBC lifted their price objective on shares of TC Energy from C$68.00 to C$70.00 and gave the company a “neutral” rating in a research report on Thursday, January 9th. Jefferies Financial Group lifted their price objective on shares of TC Energy from C$65.00 to C$71.00 in a research report on Thursday, January 30th. TD Securities set a C$73.00 price objective on shares of TC Energy and gave the company a “buy” rating in a research report on Wednesday, January 15th. Finally, US Capital Advisors raised shares of TC Energy from a “hold” rating to a “moderate buy” rating in a research report on Monday, February 3rd. Six equities research analysts have rated the stock with a hold rating, five have issued a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, TC Energy currently has an average rating of “Moderate Buy” and an average target price of C$73.25.

About TC Energy

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,600 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses.