Donnelley Financial Solutions, Inc. (NYSE:DFIN – Get Free Report) Director Jeffrey Jacobowitz sold 73,354 shares of Donnelley Financial Solutions stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $69.45, for a total transaction of $5,094,435.30. Following the sale, the director now owns 1,203,451 shares in the company, valued at approximately $83,579,671.95. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Jeffrey Jacobowitz also recently made the following trade(s):
- On Friday, September 20th, Jeffrey Jacobowitz sold 114,655 shares of Donnelley Financial Solutions stock. The shares were sold at an average price of $67.42, for a total transaction of $7,730,040.10.
Donnelley Financial Solutions Trading Down 3.4 %
Shares of DFIN opened at $67.00 on Friday. The company’s fifty day moving average is $65.82 and its 200 day moving average is $62.74. Donnelley Financial Solutions, Inc. has a fifty-two week low of $50.75 and a fifty-two week high of $71.01. The stock has a market capitalization of $1.96 billion, a PE ratio of 20.43 and a beta of 1.36. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.45 and a current ratio of 1.45.
Institutional Investors Weigh In On Donnelley Financial Solutions
Several large investors have recently bought and sold shares of the business. Sanctuary Advisors LLC bought a new position in Donnelley Financial Solutions during the second quarter valued at $615,000. Point72 Asset Management L.P. bought a new position in Donnelley Financial Solutions during the second quarter valued at $283,000. Quarry LP increased its position in Donnelley Financial Solutions by 492.9% during the second quarter. Quarry LP now owns 747 shares of the company’s stock valued at $45,000 after acquiring an additional 621 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in Donnelley Financial Solutions by 5.3% during the second quarter. The Manufacturers Life Insurance Company now owns 14,976 shares of the company’s stock valued at $893,000 after acquiring an additional 751 shares during the last quarter. Finally, Millennium Management LLC increased its position in Donnelley Financial Solutions by 108.9% during the second quarter. Millennium Management LLC now owns 253,178 shares of the company’s stock valued at $15,094,000 after acquiring an additional 131,994 shares during the last quarter. Institutional investors own 93.84% of the company’s stock.
Analysts Set New Price Targets
DFIN has been the topic of several recent analyst reports. Needham & Company LLC lifted their price objective on shares of Donnelley Financial Solutions from $72.00 to $79.00 and gave the company a “buy” rating in a research report on Thursday, August 1st. DA Davidson lifted their price objective on shares of Donnelley Financial Solutions from $72.00 to $80.00 and gave the company a “buy” rating in a research report on Thursday, August 1st.
View Our Latest Analysis on Donnelley Financial Solutions
About Donnelley Financial Solutions
Donnelley Financial Solutions, Inc provides innovative software and technology-enabled financial regulatory and compliance solutions in the United States, Asia, Europe, Canada, and internationally. It 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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