Broadridge Financial Solutions (BR) is witnessing several insider sales amounting to $12m including sales by its President and CEO, indicating caution among insiders. In terms of strategic advancements, Broadridge has integrated its securities-based lending capabilities with Morningstar Advisor Workstation and launched a communications data-driven platform for enhanced visibility for banks and broker-dealers. The firm continues to rank #3 in the 2024 IDC FinTech ranking, suggesting strong industry allocation. Some investors have increased their holdings while Zions Bancorporation decreased its stock holdings. Broadridge has upgraded its dividend to $0.88, indicating good financial health. The firm recently acquired AdvisorTarget, expanding its digital distribution capabilities. Several key personnel changes including a CFO transition took place and Roz Smith was named COO of Broadridge International. Broadridge's Q4 earnings beat estimates and the company reported solid Q2 Fiscal 2024 results which led to stock price elevation. Nevertheless, there are concerns about future growth amid investor uncertainty.
Broadridge Financial Solutions BR News Analytics from Wed, 31 Jan 2024 08:00:00 GMT to Sun, 15 Sep 2024 19:11:57 GMT -
Rating 7
- Innovation 5
- Information 4
- Rumor 2
