FactSet Research Systems (FDS) has been seeing contrasting investment moves recently. While Forsta AP Fonden sold 9,700 shares, Andra AP fonden increased its holdings, and National Bank of Canada FI bought 3,555 shares. FactSet's Q3 profits surpassed expectations, and raised guidance, but missed revenue estimates. The company reported solid growth in 2024 and anticipates continued momentum, earning it top-rank status for growth and long-term investment. FactSet executives Frederick Snow and Goran Skoko sold company shares, while CEO Snow sold another 3,000 shares more recently. Despite declining in Q1, FactSet has rebounded and received a ratings upgrade. AI potential within FDS is being discussed and a reshuffling of the executive team occurred. FactSet has reported impressive Q3 growth, highlighting AI as instrumental in boosting client efficiency. However, the company also faced a recent stock price dip and has forecasted 2023 revenues at the lower end. FactSet's transition to cloud systems has been mentioned as undervalued by the market, sparking an analyst upgrade. A recent appointment of Helen Shan as the new CFO and Elisha Wiesel to the board of directors fortifies the management team.
Factset Research Systems FDS News Analytics from Thu, 30 May 2013 07:00:00 GMT to Sun, 15 Sep 2024 14:00:36 GMT -
Rating 7
- Innovation 2
- Information 5
- Rumor -2
