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Factset Research Systems Inc (FDS) gets rating Downgrade from Wells Fargo

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 ’25. In the deal valued at $454.86 per share,3,000 shares were sold. As a result of this transaction, Snow Frederick Philip now holds 16,616 shares worth roughly $6.92 million.

Then, Snow Frederick Philip bought 3,000 shares, generating $1,364,580 in total proceeds.

Before that, Moskoff Gregory T sold 363 shares. Factset Research Systems Inc shares valued at $157,604 were divested by the MD,Controller and CAO at a price of $433.73 per share. As a result of the transaction, Moskoff Gregory T now holds 44 shares, worth roughly $18312.36.

Wells Fargo downgraded its Factset Research Systems Inc [FDS] rating to an Underweight from a an Equal weight in a research note published recently. A number of analysts have revised their coverage, including Redburn Atlantic’s analysts, who decreased its forecast for the stock in early October from “a Neutral” to “a Sell”. Evercore ISI began covering FDS with “an In-line” recommendation on October 02, 2024. Wells Fargo started covering the stock on August 13, 2024. It rated FDS as “an Equal weight”.

Price Performance Review of FDS

On Friday, Factset Research Systems Inc [NYSE:FDS] saw its stock fall -4.79% to $416.19. Over the last five days, the stock has lost -7.26%. Factset Research Systems Inc shares have fallen nearly -13.34% since the year began. Nevertheless, the stocks have fallen -4.51% over the past one year. While a 52-week high of $499.87 was reached on 01/02/25, a 52-week low of $391.84 was recorded on 04/04/25. SMA at 50 days reached $452.15, while 200 days put it at $449.93.

Levels Of Support And Resistance For FDS Stock

The 24-hour chart illustrates a support level at 407.41, which if violated will result in even more drops to 398.62. On the upside, there is a resistance level at 432.12. A further resistance level may holdings at 448.04. The Relative Strength Index (RSI) on the 14-day chart is 31.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.66, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.42%. Stochastics %K at 38.98% indicates the stock is a holding.

How much short interest is there in Factset Research Systems Inc?

A steep rise in short interest was recorded in Factset Research Systems Inc stocks on 2025-03-14, dropping by -0.15 million shares to a total of 1.41 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.56 million shares. There was a decline of -10.51%, which implies that there is a negative sentiment for the stock.

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