Insider Selling: FactSet Research Systems Director Sells 1,000 Shares of Stock (FDS)
FactSet Research Systems (NYSE:FDS) Director Joseph E. Laird, Jr. sold 1,000 shares of FactSet Research Systems stock on the open market in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of $120.00, for a total value of $120,000.00. Following the transaction, the director now directly owns 1,500 shares in the company, valued at approximately $180,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
A number of analysts have recently weighed in on FDS shares. Analysts at Raymond James upgraded shares of FactSet Research Systems from an “underperform” rating to a “market perform” rating in a research note on Thursday, June 12th. Analysts at Zacks reiterated a “neutral” rating on shares of FactSet Research Systems in a research note on Friday, June 6th. They now have a $114.00 price target on the stock. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $107.00.
Shares of FactSet Research Systems (NYSE:FDS) traded up 0.33% on Monday, hitting $120.28. The stock had a trading volume of 545,322 shares. FactSet Research Systems has a 52 week low of $101.07 and a 52 week high of $120.41. The stock has a 50-day moving average of $110.9 and a 200-day moving average of $107.4. The company has a market cap of $5.052 billion and a P/E ratio of 25.13.
FactSet Research Systems (NYSE:FDS) last released its earnings data on Tuesday, June 17th. The company reported $1.25 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $1.25. The company had revenue of $231.80 million for the quarter, compared to the consensus estimate of $230.57 million. During the same quarter in the prior year, the company posted $1.15 earnings per share. The company’s quarterly revenue was up 8.0% on a year-over-year basis. Analysts expect that FactSet Research Systems will post $4.92 EPS for the current fiscal year.
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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