FactSet Research Systems Director Unloads $1,767,746 in Stock (FDS)
FactSet Research Systems (NYSE:FDS) Director Charles Snyder sold 16,597 shares of FactSet Research Systems stock in a transaction dated Thursday, January 9th. The stock was sold at an average price of $106.51, for a total value of $1,767,746.47. Following the sale, the director now directly owns 2,007,848 shares in the company, valued at approximately $213,855,890. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
FactSet Research Systems (NYSE:FDS) traded up 0.52% during mid-day trading on Friday, hitting $106.81. 467,036 shares of the company’s stock traded hands. FactSet Research Systems has a one year low of $88.06 and a one year high of $119.08. The stock has a 50-day moving average of $111.4 and a 200-day moving average of $109.0. The company has a market cap of $4.593 billion and a P/E ratio of 23.46.
FactSet Research Systems (NYSE:FDS) last released its earnings data on Tuesday, December 17th. The company reported $1.22 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.23 by $0.01. The company had revenue of $223.00 million for the quarter, compared to the consensus estimate of $223.66 million. During the same quarter last year, the company posted $1.11 earnings per share. FactSet Research Systems’s revenue was up 5.6% compared to the same quarter last year. Analysts expect that FactSet Research Systems will post $4.97 EPS for the current fiscal year.
FDS has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of FactSet Research Systems in a research note to investors on Thursday, December 19th. They now have a $115.00 price target on the stock. Separately, analysts at Morgan Stanley reiterated an “equal weight” rating on shares of FactSet Research Systems in a research note to investors on Wednesday, December 18th. They now have a $102.00 price target on the stock, up previously from $100.00. Finally, analysts at Janney Montgomery Scott initiated coverage on shares of FactSet Research Systems in a research note to investors on Thursday, December 12th. They set a “neutral” rating on the stock. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. FactSet Research Systems has an average rating of “Hold” and an average target price of $107.60.
FactSet Research Systems Inc (NYSE:FDS) is a provider of integrated financial information and analytical applications to the global investment community.
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