Factset Research Systems Inc.’s filing revealed that its Chief Executive Officer Snow Frederick Philip unloaded Company’s shares for reported $1.36 million on Apr 01 ’24. In the deal valued at $452.10 per share,3,000 shares were sold. As a result of this transaction, Snow Frederick Philip now holds 12,915 shares worth roughly $5.52 million.
Then, Snow Frederick Philip sold 3,000 shares, generating $1,384,650 in total proceeds. Upon selling the shares at $461.55, the Chief Executive Officer now owns 12,915 shares.
Before that, Stern Rachel Rebecca sold 9,247 shares. Factset Research Systems Inc. shares valued at $4,440,317 were divested by the EVP, Chief Legal Officer at a price of $480.19 per share. As a result of the transaction, Stern Rachel Rebecca now holds 2,050 shares, worth roughly $0.88 million.
Wolfe Research initiated its Factset Research Systems Inc. [FDS] rating to an Underperform in a research note published on April 11, 2024; the price target was $430. A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in late March from “an Overweight” to “an Equal weight”. Deutsche Bank also remained covering FDS and has decreased its forecast on December 08, 2023 with a “Hold” recommendation from previously “Buy” rating. RBC Capital Mkts revised its rating on August 25, 2023. It rated FDS as “a Sector perform” which previously was an “an Outperform”.
Price Performance Review of FDS
On Tuesday, Factset Research Systems Inc. [NYSE:FDS] saw its stock jump 0.70% to $427.06. Over the last five days, the stock has lost -2.87%. Factset Research Systems Inc. shares have fallen nearly -10.48% since the year began. Nevertheless, the stocks have risen 3.16% over the past one year. While a 52-week high of $488.64 was reached on 03/20/24, a 52-week low of $380.96 was recorded on 04/15/24. SMA at 50 days reached $458.05, while 200 days put it at $446.11. A total of 0.28 million shares were traded, compared to the trading of 0.3 million shares in the previous session.
Levels Of Support And Resistance For FDS Stock
The 24-hour chart illustrates a support level at 425.07, which if violated will result in even more drops to 423.08. On the upside, there is a resistance level at 428.44. A further resistance level may holdings at 429.82. The Relative Strength Index (RSI) on the 14-day chart is 34.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -9.91, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.83%. Stochastics %K at 11.27% indicates the stock is a buying.
