Factset Research Systems Inc.’s recently made public that its EVP, Institutional Buyside Robie Robert J. unloaded Company’s shares for reported $1.87 million on May 06 ’24. In the deal valued at $431.48 per share,4,336 shares were sold. As a result of this transaction, Robie Robert J. now holds 1,485 shares worth roughly $0.65 million.
Then, Skoko Goran sold 4,106 shares, generating $1,759,710 in total proceeds. Upon selling the shares at $428.57, the EVP, Dealmakers & Wealth now owns 5,262 shares.
Before that, Snow Frederick Philip sold 3,000 shares. Factset Research Systems Inc. shares valued at $1,245,780 were divested by the Chief Executive Officer at a price of $415.26 per share. As a result of the transaction, Snow Frederick Philip now holds 12,915 shares, worth roughly $5.62 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 fall -0.14% to $435.46. Over the last five days, the stock has gained 4.45%. Factset Research Systems Inc. shares have fallen nearly -8.72% since the year began. Nevertheless, the stocks have risen 7.30% 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 05/01/24. SMA at 50 days reached $446.06, while 200 days put it at $447.49. A total of 0.21 million shares were traded, compared to the trading of 0.2 million shares in the previous session.
Levels Of Support And Resistance For FDS Stock
The 24-hour chart illustrates a support level at 434.02, which if violated will result in even more drops to 432.59. On the upside, there is a resistance level at 437.65. A further resistance level may holdings at 439.84. The Relative Strength Index (RSI) on the 14-day chart is 52.52, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.02, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 23.40%. Stochastics %K at 68.27% indicates the stock is a holding.
