Insider Selling: Donnelley Financial Solutions, Inc. (NYSE:DFIN) CEO Sells 20,000 Shares of Stock

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Donnelley Financial Solutions, Inc. (NYSE:DFINGet Rating) CEO Daniel Leib sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 12th. The shares were sold at an average price of $27.83, for a total value of $556,600.00. Following the completion of the sale, the chief executive officer now directly owns 626,034 shares of the company’s stock, valued at approximately $17,422,526.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Daniel Leib also recently made the following trade(s):

  • On Monday, March 14th, Daniel Leib sold 20,000 shares of Donnelley Financial Solutions stock. The shares were sold at an average price of $31.28, for a total value of $625,600.00.

Shares of NYSE:DFIN opened at $29.05 on Friday. The stock has a market cap of $923.50 million, a price-to-earnings ratio of 7.34 and a beta of 1.98. The company has a quick ratio of 1.05, a current ratio of 1.30 and a debt-to-equity ratio of 0.55. Donnelley Financial Solutions, Inc. has a 12-month low of $24.60 and a 12-month high of $52.33. The business’s 50 day moving average is $31.18 and its 200 day moving average is $37.85.

Donnelley Financial Solutions (NYSE:DFINGet Rating) last announced its earnings results on Thursday, May 5th. The company reported $0.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.95 by ($0.13). The company had revenue of $211.00 million for the quarter, compared to analysts’ expectations of $219.87 million. Donnelley Financial Solutions had a net margin of 14.30% and a return on equity of 38.91%. The firm’s quarterly revenue was down 14.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.02 EPS. As a group, equities research analysts expect that Donnelley Financial Solutions, Inc. will post 4.12 earnings per share for the current year.

Hedge funds have recently bought and sold shares of the business. Public Sector Pension Investment Board boosted its position in Donnelley Financial Solutions by 6.6% in the third quarter. Public Sector Pension Investment Board now owns 72,206 shares of the company’s stock worth $2,500,000 after purchasing an additional 4,490 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in Donnelley Financial Solutions by 13.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 25,376 shares of the company’s stock worth $1,196,000 after purchasing an additional 3,095 shares during the last quarter. Dorsey Wright & Associates boosted its position in Donnelley Financial Solutions by 15.8% in the fourth quarter. Dorsey Wright & Associates now owns 2,528 shares of the company’s stock worth $119,000 after purchasing an additional 344 shares during the last quarter. EAM Investors LLC boosted its position in Donnelley Financial Solutions by 152.5% in the third quarter. EAM Investors LLC now owns 95,473 shares of the company’s stock worth $3,305,000 after purchasing an additional 57,660 shares during the last quarter. Finally, Los Angeles Capital Management LLC purchased a new position in Donnelley Financial Solutions in the fourth quarter worth $503,000. 91.37% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts have commented on DFIN shares. Zacks Investment Research cut Donnelley Financial Solutions from a “hold” rating to a “sell” rating in a research note on Thursday, May 5th. DA Davidson reduced their price objective on Donnelley Financial Solutions from $37.00 to $35.00 and set a “neutral” rating for the company in a research note on Wednesday, April 13th. Finally, B. Riley reduced their price objective on Donnelley Financial Solutions from $52.00 to $45.00 in a research note on Friday, February 18th.

Donnelley Financial Solutions Company Profile (Get Rating)

Donnelley Financial Solutions, Inc operates as a risk and compliance solutions company worldwide. The company operates through four segments: Capital Markets – Software Solutions (CM-SS), Capital Markets – Compliance and Communications Management (CM-CCM), Investment Companies – Software Solutions (IC-SS), and Investment Companies – Compliance and Communications Management (IC-CCM).

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