Insider Selling: FactSet Research Systems Inc. (FDS) Director Sells 1,186 Shares of Stock

FactSet Research Systems Inc. (NYSE:FDS) Director James J. Mcgonigle sold 1,186 shares of the firm’s stock in a transaction on Monday, January 8th. The shares were sold at an average price of $193.92, for a total value of $229,989.12. Following the completion of the sale, the director now directly owns 22,754 shares in the company, valued at approximately $4,412,455.68. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Shares of FactSet Research Systems Inc. (NYSE FDS) traded down $4.97 during trading hours on Friday, reaching $199.33. The company had a trading volume of 206,837 shares, compared to its average volume of 338,928. The company has a market cap of $7,831.70 and a price-to-earnings ratio of 30.81. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.64 and a current ratio of 2.64. FactSet Research Systems Inc. has a twelve month low of $155.09 and a twelve month high of $209.02.

FactSet Research Systems (NYSE:FDS) last announced its earnings results on Tuesday, December 19th. The business services provider reported $2.04 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.98 by $0.06. The business had revenue of $329.10 million during the quarter, compared to analyst estimates of $330.49 million. FactSet Research Systems had a return on equity of 54.65% and a net margin of 20.76%. FactSet Research Systems’s revenue for the quarter was up 14.2% compared to the same quarter last year. During the same period last year, the company earned $1.75 EPS. equities analysts anticipate that FactSet Research Systems Inc. will post 8.34 earnings per share for the current fiscal year.

A number of equities research analysts have weighed in on the company. Northcoast Research downgraded FactSet Research Systems from a “buy” rating to a “neutral” rating in a report on Tuesday, December 5th. Morgan Stanley increased their price target on FactSet Research Systems from $179.00 to $186.00 and gave the company an “equal weight” rating in a research note on Wednesday. Zacks Investment Research cut FactSet Research Systems from a “hold” rating to a “sell” rating in a research note on Thursday, December 14th. Goldman Sachs Group began coverage on FactSet Research Systems in a research note on Wednesday, November 8th. They issued a “neutral” rating and a $194.00 price target for the company. Finally, Wells Fargo & Co set a $185.00 price target on FactSet Research Systems and gave the company a “hold” rating in a research note on Wednesday, December 20th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and two have assigned a buy rating to the stock. FactSet Research Systems currently has an average rating of “Hold” and an average price target of $184.62.

A number of large investors have recently made changes to their positions in the stock. Checchi Capital Advisers LLC bought a new position in FactSet Research Systems during the 4th quarter worth $205,000. Rockefeller Financial Services Inc. raised its position in FactSet Research Systems by 16.3% during the 4th quarter. Rockefeller Financial Services Inc. now owns 143,547 shares of the business services provider’s stock worth $27,670,000 after purchasing an additional 20,171 shares during the last quarter. Victory Capital Management Inc. raised its position in FactSet Research Systems by 11.6% during the 4th quarter. Victory Capital Management Inc. now owns 16,837 shares of the business services provider’s stock worth $3,246,000 after purchasing an additional 1,746 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in FactSet Research Systems by 39.4% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,216 shares of the business services provider’s stock worth $427,000 after purchasing an additional 626 shares during the last quarter. Finally, Congress Asset Management Co. MA raised its position in FactSet Research Systems by 3.2% during the 4th quarter. Congress Asset Management Co. MA now owns 422,533 shares of the business services provider’s stock worth $81,448,000 after purchasing an additional 12,929 shares during the last quarter. 93.97% of the stock is owned by institutional investors and hedge funds.

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About FactSet Research Systems

Factset Research Systems Inc is engaged in providing integrated financial information and big data analytical applications for the global investment community. The Company’s segments include the U.S., Europe and Asia Pacific. The U.S. segment services finance professionals, including financial institutions throughout the Americas.

Insider Buying and Selling by Quarter for FactSet Research Systems (NYSE:FDS)

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