FactSet Research Systems (FDS) has seen a consistent mix of investment activity and executive trades. Both
EVP Goran Skoko and
CEO Frederick Snow have recently sold several thousand shares. Despite the insider trades, notable financial services, including
Massachusetts Financial Services Co. MA and
Mitsubishi UFJ Asset Management, have expanded their stakes in FactSet. The company's solid growth and performance in recent quarters, with earnings surpassing estimates, have rewarded shareholders with a 60% return over five years. Earnings are expected to continue their positive trajectory, hinting at strong potential for shareholders in both the near and long-term perspectives. However, layoffs are affecting licensing revenue, and a somewhat gloomy outlook is observed for FY24, which may also impact FY25. The development and release of
Transcript Assistant, a new AI tool for earnings call analysis, may boost FactSet's technological standing in the market.
Factset Research Systems FDS News Analytics from Tue, 13 Jun 2023 07:00:00 GMT to Thu, 16 May 2024 23:01:22 GMT -
Rating 7
- Innovation 5
- Information 9
- Rumor -5
