Constellation Software (TSE:CSU) Insider John Edward Billowits Sells 1,200 Shares

Constellation Software Inc. (TSE:CSU) insider John Edward Billowits sold 1,200 shares of Constellation Software stock in a transaction dated Friday, August 28th. The stock was sold at an average price of C$3,203.00, for a total value of C$3,843,600.00. Following the completion of the sale, the insider owned 12,370 shares in the company, valued at approximately C$39,621,110. The trade was a 8.84% decrease in their ownership of the stock.

Constellation Software Stock Performance

TSE CSU opened at C$3,138.72 on Tuesday. The company has a market cap of C$66.52 billion, a PE ratio of 69.24, a price-to-earnings-growth ratio of 2.95 and a beta of 0.59. The stock’s 50 day simple moving average is C$2,931.20 and its 200-day simple moving average is C$2,715.59. Constellation Software Inc. has a 1-year low of C$2,196.00 and a 1-year high of C$4,634.98. The company has a debt-to-equity ratio of 141.06, a current ratio of 0.90 and a quick ratio of 0.55.

Constellation Software (TSE:CSU) last issued its quarterly earnings results on Tuesday, August 11th. The company reported C$18.37 EPS for the quarter. The firm had revenue of C$4.74 billion during the quarter. Constellation Software had a return on equity of 25.24% and a net margin of 7.57%. As a group, equities research analysts anticipate that Constellation Software Inc. will post 55.4616354 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on CSU shares. Royal Bank Of Canada set a C$4,400.00 price target on shares of Constellation Software and gave the stock an “outperform” rating in a research report on Wednesday, August 26th. Jefferies Financial Group increased their price objective on shares of Constellation Software from C$3,185.00 to C$3,294.00 in a report on Thursday, August 13th. Desjardins increased their price objective on shares of Constellation Software from C$3,800.00 to C$3,900.00 and gave the company a “buy” rating in a report on Monday, August 10th. Raymond James Financial raised their target price on shares of Constellation Software from C$3,200.00 to C$3,500.00 and gave the stock a “market perform” rating in a research note on Wednesday, August 12th. Finally, BMO Capital Markets lowered their target price on Constellation Software from C$4,200.00 to C$3,500.00 and set an “outperform” rating on the stock in a report on Wednesday, May 13th. Eight analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of C$3,884.40.

About Constellation Software

Constellation Software is an international provider of market-leading software and services to a number of industries. Our mission is to acquire, manage and build market-leading software businesses that develop specialized, mission-critical software solutions to address the specific needs of our particular industries. Our company was founded in 1995 to assemble a portfolio of vertical market software companies that have the potential to be leaders in their particular market. Since then, we have grown rapidly through a combination of acquisitions and organic growth, and established a strong constellation of companies with a large, diverse customer base.