Donnelley Financial Solutions, Inc. (NYSE:DFIN) Insider Craig Clay Sells 5,698 Shares

Donnelley Financial Solutions, Inc. (NYSE:DFIN) insider Craig Clay sold 5,698 shares of the company’s stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $66.02, for a total transaction of $376,181.96. Following the sale, the insider now directly owns 148,748 shares in the company, valued at $9,820,342.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Donnelley Financial Solutions Stock Up 1.2 %

DFIN stock opened at $63.02 on Friday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.31. The company’s 50 day moving average is $62.49 and its 200 day moving average is $60.26. The stock has a market cap of $1.86 billion, a price-to-earnings ratio of 23.25 and a beta of 1.50. Donnelley Financial Solutions, Inc. has a 1-year low of $40.73 and a 1-year high of $66.21.

Donnelley Financial Solutions (NYSE:DFIN) last posted its quarterly earnings data on Tuesday, February 20th. The company reported $0.61 earnings per share for the quarter, missing the consensus estimate of $0.62 by ($0.01). The company had revenue of $176.50 million during the quarter, compared to the consensus estimate of $169.35 million. Donnelley Financial Solutions had a return on equity of 22.89% and a net margin of 10.31%. The firm’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter last year, the company posted $0.36 earnings per share. Sell-side analysts predict that Donnelley Financial Solutions, Inc. will post 2.93 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of DFIN. SG Americas Securities LLC bought a new position in shares of Donnelley Financial Solutions in the third quarter worth approximately $310,000. Exchange Traded Concepts LLC bought a new position in Donnelley Financial Solutions during the third quarter valued at approximately $429,000. Ellsworth Advisors LLC bought a new position in Donnelley Financial Solutions during the third quarter valued at approximately $448,000. Assetmark Inc. grew its position in Donnelley Financial Solutions by 1.2% during the third quarter. Assetmark Inc. now owns 33,882 shares of the company’s stock valued at $1,907,000 after acquiring an additional 398 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC grew its position in Donnelley Financial Solutions by 19.4% during the third quarter. Allspring Global Investments Holdings LLC now owns 159,255 shares of the company’s stock valued at $8,963,000 after acquiring an additional 25,831 shares during the last quarter. 93.84% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Needham & Company LLC upped their price target on Donnelley Financial Solutions from $65.00 to $72.00 and gave the company a “buy” rating in a research report on Wednesday, February 21st. B. Riley upped their price target on Donnelley Financial Solutions from $66.00 to $72.00 and gave the company a “buy” rating in a research report on Thursday. Finally, DA Davidson upgraded Donnelley Financial Solutions from a “neutral” rating to a “buy” rating and upped their price target for the company from $60.00 to $72.00 in a research report on Friday, April 12th.

Donnelley Financial Solutions Company Profile

Donnelley Financial Solutions, Inc provides innovative software and technology-enabled financial regulatory and compliance solutions in the United States, Asia, Europe, Canada, and internationally. It operates through four segments: Capital Markets Software Solutions (CM-SS); Capital Markets Compliance and Communications Management (CM-CCM); Investment Companies Software Solutions (IC-SS); and Investment Companies Compliance and Communications Management (IC-CCM).