Constellation Software (TSE:CSU) Stock: Insider Jamal Nizam Baksh Sells 149 Shares

Key Points

• Director Jamal Nizam Baksh sold 149 shares of Constellation Software at an average price of C$2,871.23, generating proceeds of C$427,813.27 and reducing his direct ownership by 51.03% to 143 shares.
• Constellation Software shares recently traded at C$3,030.10, with a C$64.21 billion market capitalization, a 66.85 price-to-earnings ratio, and a 52-week range of C$2,196.00 to C$4,110.00.
• The company reported C$18.37 in quarterly EPS and C$4.74 billion in revenue, while analysts maintain a “Moderate Buy” consensus with an average price target of C$3,884.40. It also declared a quarterly dividend of C$1.00, equal to a 0.1% annualized yield.

Constellation Software Inc. (TSE:CSU - Get Free Report) Director Jamal Nizam Baksh sold 149 shares of the firm's stock in a transaction dated Tuesday, September 29th. The stock was sold at an average price of C$2,871.23, for a total transaction of C$427,813.27. Following the transaction, the director directly owned 143 shares in the company, valued at approximately C$410,585.89. This represents a 51.03% decrease in their ownership of the stock.

Constellation Software Price Performance

Shares of TSE CSU traded up C$60.10 during trading hours on Friday, hitting C$3,030.10. 20,338 shares of the stock were exchanged, compared to its average volume of 76,816. Constellation Software Inc. has a 1-year low of C$2,196.00 and a 1-year high of C$4,110.00. The company has a debt-to-equity ratio of 141.06, a quick ratio of 0.55 and a current ratio of 0.90. The company's fifty day simple moving average is C$2,993.20 and its two-hundred day simple moving average is C$2,770.41. The company has a market cap of C$64.21 billion, a PE ratio of 66.85, a price-to-earnings-growth ratio of 2.95 and a beta of 0.59.

Constellation Software (TSE:CSU - Get Free Report) last posted its earnings results on Tuesday, August 11th. The company reported C$18.37 EPS for the quarter. Constellation Software had a net margin of 7.57% and a return on equity of 25.24%. The business had revenue of C$4.74 billion for the quarter. On average, sell-side analysts predict that Constellation Software Inc. will post 55.4616354 EPS for the current year.

Constellation Software Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Friday, October 9th will be paid a $1.00 dividend. The ex-dividend date is Friday, September 18th. This represents a $4.00 annualized dividend and a dividend yield of 0.1%. Constellation Software's dividend payout ratio (DPR) is presently 8.82%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on CSU. Raymond James Financial boosted their price objective on shares of Constellation Software from C$3,200.00 to C$3,500.00 and gave the company a "market perform" rating in a research report on Wednesday, August 12th. Royal Bank Of Canada set a C$4,400.00 target price on shares of Constellation Software and gave the stock an "outperform" rating in a report on Wednesday, August 26th. National Bank Financial increased their price objective on shares of Constellation Software from C$3,500.00 to C$3,700.00 and gave the company an "outperform" rating in a report on Thursday, August 13th. Desjardins increased their price objective on shares of Constellation Software from C$3,800.00 to C$3,900.00 and gave the stock a "buy" rating in a research report on Monday, August 10th. Finally, Jefferies Financial Group lifted their price target on shares of Constellation Software from C$3,185.00 to C$3,294.00 in a research note on Thursday, August 13th. Eight analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Constellation Software presently has a consensus rating of "Moderate Buy" and a consensus price target of C$3,884.40.

Constellation Software Company Profile

Constellation Software is an international provider of market-leading software and services to a number of industries. Our mission is to acquire, manage and build market-leading software businesses that develop specialized, mission-critical software solutions to address the specific needs of our particular industries. Our company was founded in 1995 to assemble a portfolio of vertical market software companies that have the potential to be leaders in their particular market. Since then, we have grown rapidly through a combination of acquisitions and organic growth, and established a strong constellation of companies with a large, diverse customer base.

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