1 week Ago By Defense World Staff
Donnelley Financial Solutions, Inc. ( NYSE:DFIN – Get Free Report )’s stock price traded down 5.5% on Friday .
The company traded as low as $39.60 and last traded at $38.45.
59,408 shares traded hands during trading, a decline of 72% from the average session volume of 209,321 shares. The stock had previously closed at $40.68.
Wall Street Analyst Weigh In DFIN has been the topic of several analyst reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $72.00 target price on shares of Donnelley Financial Solutions in a research note on Friday, March 28th.
DA Davidson lowered their price objective 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.
Check Out Our Latest Research Report on DFIN Donnelley Financial Solutions Stock Performance Donnelley Financial Solutions ( NYSE:DFIN – Get Free Report ) last posted its earnings results on Tuesday, February 18th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.
48 by ($0.22). Donnelley Financial Solutions had a return on equity of 20.
65% and a net margin of 11.82%. The company had revenue of $156.
30 million during the quarter, compared to analysts’ expectations of $169.20 million. Insider Buying and Selling at Donnelley Financial Solutions In other news, CEO Daniel Leib sold 25,000 shares of the company’s stock in a transaction dated Monday, February 24th.
The shares were sold at an average price of $50.14, for a total value of $1,253,500.00.
Following the sale, the chief executive officer now directly owns 515,191 shares of the company’s stock, valued at $25,831,676.74. This represents a 4.
63 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website . Also, Director Gary G.
Greenfield purchased 1,000 shares of the stock in a transaction that occurred on Friday, February 21st. The shares were acquired at an average cost of $48.89 per share, with a total value of $48,890.
00. Following the completion of the transaction, the director now owns 43,128 shares in the company, valued at $2,108,527.92.
This trade represents a 2.37 % increase in their ownership of the stock. The disclosure for this purchase can be found here .
Insiders own 11.90% of the company’s stock. Institutional Trading of Donnelley Financial Solutions Several hedge funds and other institutional investors have recently made changes to their positions in the stock.
Versant Capital Management Inc increased its stake in Donnelley Financial Solutions by 197.2% during the 1st quarter. Versant Capital Management Inc now owns 743 shares of the company’s stock valued at $32,000 after purchasing an additional 493 shares in the last quarter.
Quarry LP bought a new stake in shares of Donnelley Financial Solutions during the fourth quarter valued at approximately $42,000. Aquatic Capital Management LLC purchased a new position in Donnelley Financial Solutions in the 4th quarter worth approximately $49,000. Huntington National Bank lifted its position in Donnelley Financial Solutions by 20.
7% in the 4th quarter. Huntington National Bank now owns 910 shares of the company’s stock valued at $57,000 after acquiring an additional 156 shares in the last quarter. Finally, Principal Securities Inc.
boosted its stake in Donnelley Financial Solutions by 1,537.1% during the 4th quarter. Principal Securities Inc.
now owns 1,015 shares of the company’s stock valued at $64,000 after purchasing an additional 953 shares during the last quarter. Hedge funds and other institutional investors own 93.84% of the company’s stock.
About Donnelley Financial Solutions ( Get Free Report ) 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). Featured Articles Five stocks we like better than Donnelley Financial Solutions 3 Tickers Leading a Meme Stock Revival Robinhood Strategies Could Be a Game-Changer for Young Investors How the NYSE and NASDAQ are Different, Why That Matters to Investors Are These 3 Retail Stocks Oversold or Really in Trouble? Most active stocks: Dollar volume vs share volume IONQ & RGTI Join DARPA Quantum Initiative: High Stakes Are Ahead Receive News & Ratings for Donnelley Financial Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Donnelley Financial Solutions and related companies with MarketBeat.
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