Financial data firm, FactSet Research Systems (FDS), has seen a host of significant developments. Mutual of America Capital Management LLC off-loaded 135 shares of FDS, but this divestiture was offset by a record of 13% CAGR over the past five years achieved by FDS shareholders. Upcoming dividends further make FDS a promising purchase. CEO Frederick Philip Snow has sold 3,000 shares while the firm is set to host an earnings call soon.
FDS acquired LiquidityBook for $246.5 million, bolstering its finances. FDS has also been listed as a long-term holding due to its performance over economic variables. However, FDS insiders have sold USD 2.8m of stock, possibly indicating caution. Analyst opinions remain highly watchful of FDS, with expectations from its Q1 2025 earnings report looming large.
FDS also expanded its banking tech arsenal through LogoIntern Acquisition, contributing to pitch deck creation. According to analysts, the business remains resilient, albeit challenges of slowing growth amid stock price rise persist. FDS wrapped up Q4 2024 with increased profit and beat estimates. A $246.5M LiquidityBook deal has connected FDS with more than 200 global brokers, facilitating its growth strategy.
Factset Research Systems FDS News Analytics from Thu, 21 Sep 2023 07:00:00 GMT to Sat, 08 Mar 2025 09:11:16 GMT - Rating 6 - Innovation 7 - Information 8 - Rumor 5
