Insider Selling: Peter J. Godich Sells 17,321 Shares of Deluxe Stock (DLX)
Deluxe (NYSE:DLX) SVP Peter J. Godich sold 17,321 shares of the stock on the open market in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $47.64, for a total transaction of $825,172.44. Following the completion of the sale, the senior vice president now directly owns 12,204 shares of the company’s stock, valued at approximately $581,399. The sale was disclosed in a document filed with the SEC, which is available at this link.
DLX has been the subject of a number of recent research reports. Analysts at Northland Capital Partners initiated coverage on shares of Deluxe in a research note on Monday, February 10th. They set a “market perform” rating and a $50.00 price target on the stock. Analysts at Northland Securities initiated coverage on shares of Deluxe in a research note on Monday, February 10th. They set a “market perform” rating and a $50.00 price target on the stock.
Deluxe (NYSE:DLX) traded up 1.06% on Thursday, hitting $47.67. 366,156 shares of the company’s stock traded hands. Deluxe has a one year low of $33.37 and a one year high of $54.24. The stock has a 50-day moving average of $49.33 and a 200-day moving average of $46.24. The company has a market cap of $2.398 billion and a price-to-earnings ratio of 12.92.
Deluxe (NYSE:DLX) last posted its quarterly earnings results on Thursday, January 23rd. The company reported $1.04 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.99 by $0.05. The company had revenue of $417.80 million for the quarter, compared to the consensus estimate of $411.40 million. During the same quarter last year, the company posted $0.95 earnings per share. Deluxe’s revenue was up 7.8% compared to the same quarter last year. On average, analysts predict that Deluxe will post $4.01 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, March 3rd. Shareholders of record on Friday, February 14th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.10%. The ex-dividend date is Wednesday, February 12th.
Deluxe Corporation through its various businesses and brands provide a suite of life-cycle driven solutions to its customers.
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