Insider Selling: Donnelley Financial Solutions, Inc. (NYSE:DFIN) CEO Sells $1,253,500.00 in Stock

Donnelley Financial Solutions, Inc. (NYSE:DFIN) CEO Daniel Leib sold 25,000 shares of the company’s stock in a transaction on Monday, February 24th. The stock was sold at an average price of $50.14, for a total transaction of $1,253,500.00. Following the completion of the transaction, the chief executive officer now owns 515,191 shares of the company’s stock, valued at $25,831,676.74. This trade represents a 4.63 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Donnelley Financial Solutions Stock Up 2.3 %

Shares of Donnelley Financial Solutions stock opened at $49.59 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.04 and a quick ratio of 1.15. The company has a 50-day moving average of $61.51 and a 200 day moving average of $63.01. The firm has a market cap of $1.42 billion, a price-to-earnings ratio of 16.21 and a beta of 1.36. Donnelley Financial Solutions, Inc. has a 1 year low of $47.94 and a 1 year high of $71.01.

Donnelley Financial Solutions (NYSE:DFIN) last issued its quarterly earnings results on Tuesday, February 18th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.22). The business had revenue of $156.30 million during the quarter, compared to the consensus estimate of $169.20 million. Donnelley Financial Solutions had a return on equity of 20.65% and a net margin of 11.82%.

Institutional Trading of Donnelley Financial Solutions

Several institutional investors have recently bought and sold shares of the company. Huntington National Bank grew its position in Donnelley Financial Solutions by 20.7% during the 4th quarter. Huntington National Bank now owns 910 shares of the company’s stock valued at $57,000 after purchasing an additional 156 shares during the last quarter. Inspire Investing LLC grew its position in Donnelley Financial Solutions by 2.8% during the 4th quarter. Inspire Investing LLC now owns 6,413 shares of the company’s stock valued at $402,000 after purchasing an additional 177 shares during the last quarter. New York State Teachers Retirement System grew its position in Donnelley Financial Solutions by 0.4% during the 4th quarter. New York State Teachers Retirement System now owns 52,025 shares of the company’s stock valued at $3,264,000 after purchasing an additional 182 shares during the last quarter. Thrivent Financial for Lutherans grew its position in Donnelley Financial Solutions by 1.4% during the 3rd quarter. Thrivent Financial for Lutherans now owns 20,975 shares of the company’s stock valued at $1,381,000 after purchasing an additional 289 shares during the last quarter. Finally, Empowered Funds LLC grew its position in Donnelley Financial Solutions by 3.1% during the 3rd quarter. Empowered Funds LLC now owns 10,768 shares of the company’s stock valued at $709,000 after purchasing an additional 320 shares during the last quarter. 93.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have commented on DFIN. B. Riley decreased their price objective on shares of Donnelley Financial Solutions from $80.00 to $70.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. DA Davidson decreased their price target on shares of Donnelley Financial Solutions from $76.00 to $72.00 and set a “buy” rating for the company in a research note on Thursday, February 20th. Finally, Needham & Company LLC decreased their price target on shares of Donnelley Financial Solutions from $79.00 to $72.00 and set a “buy” rating for the company in a research note on Wednesday, February 19th.

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).