Lawrence Cunningham Buys 100 Shares of Constellation Software Inc. (CSU) Stock

Constellation Software Inc. (TSE:CSU) Director Lawrence Cunningham bought 100 shares of the business’s stock in a transaction on Tuesday, January 16th. The stock was purchased at an average cost of C$618.00 per share, for a total transaction of C$61,800.00.

Constellation Software Inc. (CSU) traded down C$9.78 during trading on Friday, hitting C$788.32. The stock had a trading volume of 40,270 shares, compared to its average volume of 39,154. Constellation Software Inc. has a 1-year low of C$575.22 and a 1-year high of C$799.24. The stock has a market capitalization of $16,710.00, a price-to-earnings ratio of 63.63 and a beta of 0.52.

Constellation Software (TSE:CSU) last posted its quarterly earnings data on Thursday, October 26th. The company reported C$6.84 earnings per share for the quarter, missing analysts’ consensus estimates of C$7.34 by C($0.50). Constellation Software had a return on equity of 40.93% and a net margin of 8.53%.

CSU has been the topic of a number of recent research reports. Barclays upped their price objective on Constellation Software from C$700.00 to C$770.00 in a research report on Monday, October 30th. CIBC upped their price objective on Constellation Software from C$725.00 to C$765.00 in a research report on Monday, October 30th. Raymond James Financial upped their price objective on Constellation Software from C$670.00 to C$710.00 and gave the stock a “market perform” rating in a research report on Monday, October 30th. BMO Capital Markets upped their price objective on Constellation Software from C$715.00 to C$775.00 and gave the stock a “market perform” rating in a research report on Monday, October 30th. Finally, Royal Bank of Canada upped their price objective on Constellation Software from C$700.00 to C$850.00 and gave the stock an “outperform” rating in a research report on Thursday, October 19th. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of C$790.71.

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About Constellation Software

Constellation Software Inc is engaged in the development, installation and customization of software. The Company acquires, manages and builds vertical market software (VMS) businesses. The Company’s segments include public sector and private sector. The public sector segment develops and distributes software solutions primarily to government and government-related customers.

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