FactSet Research Systems Inc (FDS), the New York Stock Exchange-listed firm has been a subject of various financial movements recently.
Principal Securities Inc. and PineStone Asset Management Inc. have bought 160 and undivulged shares respectively. Conversely,
Dimensional Fund Advisors LP and
Wells Fargo & Company MN cut their stock positions in the company. The company exhibited a mixed outcome with its Q2 2024 earnings, outperforming EPS estimates but falling short on expected revenue.
Envestnet Portfolio Solutions Inc. and
Victory Capital Management Inc. are reported to have invested significantly in FactSet, however, there's been an insider sale of shares by EVP Goran Skoko. FactSet's Q1 2024 earnings demonstrated solid revenue and growth, leading to a surge in its market value. The company’s relative strength rating has escalated to 71, with its stock gaining 21% over a period of six months. Conversely, there is speculation over layoffs potentially affecting revenue. FactSet has announced various dividend increments, making it an enticing option for various investors and fund managers.
Factset Research Systems FDS News Analytics from Thu, 29 Jun 2023 07:00:00 GMT to Thu, 23 May 2024 17:57:04 GMT -
Rating 5
- Innovation 7
- Information 6
- Rumor 3
