Broadridge Financial Solutions has proven to be a strong growth stock for the long-term, with a notable 83% gain over the past five years. Notably, Q4 earnings exceeded expectations. However, some shareholders have been divesting, including Meridiem Investment Management Ltd. and Walter Public Investments Inc. Broadridge has introduced several solutions recently, enhancing its service portfolio, such as a global proxy voting solution adopted by Danske Bank, an operational resilience solution for international post-trade processing, and a communication data-driven platform. In line with current regulations, the company has also launched an instant payments service.
To bolster digital distribution and marketing, Broadridge acquired AdvisorTarget. Other significant developments include launching Tradeverse, a platform that transforms the management of trading dataand launching a high-quality liquidity asset use case for its distributed ledger repo platform. Notably, there have been some insider stock sales recently, including those by President Christopher Perry and CEO Timothy Gokey.
Broadridge Financial Solutions BR News Analytics from Fri, 15 Dec 2023 08:00:00 GMT to Sat, 19 Oct 2024 15:42:45 GMT - Innovation 9 - Information 7 - Rumor 4
