Fidelity National Financial Director Sells $479,220 in Stock (FNF)
Fidelity National Financial (NYSE:FNF) Director William Foley II sold 14,700 shares of Fidelity National Financial stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $32.60, for a total transaction of $479,220.00. Following the transaction, the director now directly owns 3,495,383 shares in the company, valued at approximately $113,949,486. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Fidelity National Financial (NYSE:FNF) traded up 1.18% during mid-day trading on Friday, hitting $32.63. The stock had a trading volume of 1,909,155 shares. Fidelity National Financial has a one year low of $21.99 and a one year high of $33.80. The stock has a 50-day moving average of $29.88 and a 200-day moving average of $26.31. The company has a market cap of $7.374 billion and a P/E ratio of 15.48.
Fidelity National Financial (NYSE:FNF) last released its earnings data on Tuesday, October 29th. The company reported $0.50 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.49 by $0.01. The company had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.06 billion. During the same quarter in the prior year, the company posted $1.04 earnings per share. The company’s quarterly revenue was up 6.9% on a year-over-year basis.
FNF has been the subject of a number of recent research reports. Analysts at Janney Montgomery Scott upgraded shares of Fidelity National Financial from a “neutral” rating to a “buy” rating in a research note to investors on Friday. They now have a $29.00 price target on the stock. Separately, analysts at Zacks upgraded shares of Fidelity National Financial from a “neutral” rating to an “outperform” rating in a research note to investors on Friday, December 27th. They now have a $35.40 price target on the stock. Finally, analysts at Goldman Sachs Group Inc. initiated coverage on shares of Fidelity National Financial in a research note to investors on Thursday, December 5th. They set a “neutral” rating and a $31.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Fidelity National Financial has a consensus rating of “Buy” and an average price target of $30.88.
Fidelity National Financial, Inc (NYSE:FNF) is a holding company.
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