Wells Fargo downgrades Factset Research Systems Inc (FDS) stock to an Underweight

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Factset Research Systems Inc’s recent filing unveils that its Chief Executive Officer Snow Frederick Philip unloaded Company’s shares for reported $1.36 million on Jun 02 ’25. In the deal valued at $454.58 per share,3,000 shares were sold. As a result of this transaction, Snow Frederick Philip now holds 16,616 shares worth roughly $7.04 million.

Then, Snow Frederick Philip bought 3,000 shares, generating $1,293,270 in total proceeds.

Before that, Snow Frederick Philip sold 3,000 shares. Factset Research Systems Inc shares valued at $1,293,270 were divested by the Chief Executive Officer at a price of $431.09 per share. As a result of the transaction, Snow Frederick Philip now holds 16,616 shares, worth roughly $7.04 million.

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 Tuesday, Factset Research Systems Inc [NYSE:FDS] saw its stock jump 0.57% to $423.70. Over the last five days, the stock has lost -0.45%. Factset Research Systems Inc shares have fallen nearly -11.78% since the year began. Nevertheless, the stocks have risen 5.19% over the past one year. While a 52-week high of $499.87 was reached on 01/02/25, a 52-week low of $391.69 was recorded on 04/09/25.

Levels Of Support And Resistance For FDS Stock

The 24-hour chart illustrates a support level at 419.22, which if violated will result in even more drops to 414.74. On the upside, there is a resistance level at 426.56. A further resistance level may holdings at 429.42.

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