A Director at Factset Research is Exercising Options

By Carrie Williams

Today, a Director at Factset Research, Philip Hadley, exercised options of Factset Research for $1.88M.

Following Philip Hadley’s last FDS Buy transaction on July 14, 2017, the stock climbed by 30.5%. This is Hadley’s first Buy trade following 3 Sell transactions.

Based on Factset Research’s latest earnings report for the quarter ending November 30, the company posted quarterly revenue of $329 million and quarterly net profit of $70.38 million. In comparison, last year the company earned revenue of $288 million and had a net profit of $66.58 million. The company has a one-year high of $207.25 and a one-year low of $155.09. FDS’s market cap is $7.52B and the company has a P/E ratio of 29.08.

Five different firms, including Canaccord Genuity and Credit Suisse, currently also have a Buy rating on the stock. Based on 7 analyst ratings, the analyst consensus is Hold with an average price target of $187.83, reflecting a 2.8% upside.

The insider sentiment on Factset Research has been negative according to 24 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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FactSet Research Systems, Inc. provides integrated financial information and analytical applications for the global investment community. The company operates its business through the following segments: Research Solutions, Portfolio Management & Trading Solutions, Analytics Solutions, Wealth Solutions, and Content & Technology Solutions.