Insider Selling: Walter F. Siebecker Sells 3,073 Shares of FactSet Research Systems Stock (FDS)
FactSet Research Systems (NYSE:FDS) Director Walter F. Siebecker sold 3,073 shares of the stock in a transaction dated Thursday, July 10th. The stock was sold at an average price of $119.33, for a total value of $366,701.09. Following the transaction, the director now directly owns 25,828 shares of the company’s stock, valued at approximately $3,082,055. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Shares of FactSet Research Systems (NYSE:FDS) traded down 0.73% during mid-day trading on Thursday, hitting $119.57. The stock had a trading volume of 347,609 shares. FactSet Research Systems has a 1-year low of $101.07 and a 1-year high of $121.93. The stock’s 50-day moving average is $114.1 and its 200-day moving average is $107.9. The company has a market cap of $5.022 billion and a price-to-earnings ratio of 25.25.
FactSet Research Systems (NYSE:FDS) last released its earnings data on Tuesday, June 17th. The company reported $1.25 earnings per share (EPS) for the quarter, meeting the 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 previous year, the company posted $1.15 earnings per share. The company’s revenue for the quarter was up 8.0% on a year-over-year basis. On average, analysts predict that FactSet Research Systems will post $4.92 earnings per share for the current fiscal year.
FDS has been the subject of a number of recent research reports. 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 issued a hold rating and one has assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $107.00.
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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