CSG Systems International, Inc. (NASDAQ:CSGS) insider Rolland B. Johns sold 1,099 shares of the stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $39.07, for a total transaction of $42,937.93. Following the completion of the transaction, the insider now directly owns 16,574 shares of the company’s stock, valued at approximately $647,546.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

CSG Systems International, Inc. (NASDAQ CSGS) traded down 1.14% on Tuesday, hitting $38.26. 64,231 shares of the stock were exchanged. CSG Systems International, Inc. has a 52-week low of $35.48 and a 52-week high of $51.34. The firm has a market cap of $1.29 billion, a PE ratio of 20.14 and a beta of 1.09. The company has a 50-day moving average price of $41.24 and a 200-day moving average price of $40.31.

CSG Systems International (NASDAQ:CSGS) last issued its quarterly earnings results on Wednesday, August 2nd. The technology company reported $0.62 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.61 by $0.01. The firm had revenue of $192.70 million during the quarter, compared to the consensus estimate of $194.58 million. CSG Systems International had a return on equity of 24.76% and a net margin of 8.10%. The company’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same quarter last year, the company posted $0.70 EPS. On average, equities research analysts anticipate that CSG Systems International, Inc. will post $2.52 EPS for the current fiscal year.

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A number of research analysts have recently commented on the stock. BidaskClub cut shares of CSG Systems International from a “sell” rating to a “strong sell” rating in a report on Thursday, August 3rd. Zacks Investment Research raised shares of CSG Systems International from a “hold” rating to a “buy” rating and set a $45.00 target price for the company in a report on Tuesday, May 23rd. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $47.00 target price on shares of CSG Systems International in a report on Monday, July 10th.

Several hedge funds have recently modified their holdings of CSGS. Blair William & Co. IL increased its stake in shares of CSG Systems International by 0.5% in the second quarter. Blair William & Co. IL now owns 8,600 shares of the technology company’s stock worth $349,000 after buying an additional 41 shares during the period. Meadow Creek Investment Management LLC increased its stake in shares of CSG Systems International by 16.0% in the first quarter. Meadow Creek Investment Management LLC now owns 2,958 shares of the technology company’s stock worth $112,000 after buying an additional 408 shares during the period. Nisa Investment Advisors LLC increased its stake in shares of CSG Systems International by 2.4% in the first quarter. Nisa Investment Advisors LLC now owns 18,240 shares of the technology company’s stock worth $690,000 after buying an additional 420 shares during the period. Arizona State Retirement System increased its stake in shares of CSG Systems International by 3.0% in the first quarter. Arizona State Retirement System now owns 17,158 shares of the technology company’s stock worth $649,000 after buying an additional 500 shares during the period. Finally, Aperio Group LLC increased its stake in CSG Systems International by 4.5% in the second quarter. Aperio Group LLC now owns 13,026 shares of the technology company’s stock worth $529,000 after buying an additional 557 shares during the last quarter. Hedge funds and other institutional investors own 94.57% of the company’s stock.

About CSG Systems International

CSG Systems International, Inc (CSG) is a provider of business support solutions primarily serving the communications industry. The Company provides business support solutions (BSS) to the communications service providers (CSPs), as well as clients in various industries. CSG’s solutions coordinate and manage various aspects of a service provider’s customer interactions, from the initial activation of customer accounts, to the support and fulfillment of various services, and through the calculation, presentment, and accounts receivables management of monthly customer statements.

Insider Buying and Selling by Quarter for CSG Systems International (NASDAQ:CSGS)

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