Insider Selling: Donnelley Financial Solutions, Inc. (NYSE:DFIN) Insider Sells 19,084 Shares of Stock

Donnelley Financial Solutions, Inc. (NYSE:DFIN - Get Free Report) insider Robert Kirk Williams sold 19,084 shares of the firm's stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $63.58, for a total transaction of $1,213,360.72. Following the transaction, the insider now owns 58,983 shares of the company's stock, valued at approximately $3,750,139.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Donnelley Financial Solutions Price Performance

Shares of Donnelley Financial Solutions stock traded down $0.53 during midday trading on Monday, reaching $63.16. The company had a trading volume of 367,181 shares, compared to its average volume of 187,710. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $1.85 billion, a price-to-earnings ratio of 19.26 and a beta of 1.49. The stock has a fifty day simple moving average of $62.38 and a 200 day simple moving average of $60.67. Donnelley Financial Solutions, Inc. has a 1-year low of $41.74 and a 1-year high of $66.21.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last issued its quarterly earnings results on Tuesday, February 20th. The company reported $0.61 earnings per share for the quarter, missing analysts' consensus estimates of $0.62 by ($0.01). Donnelley Financial Solutions had a net margin of 12.43% and a return on equity of 24.68%. The company had revenue of $176.50 million during the quarter, compared to analyst estimates of $169.35 million. During the same period in the prior year, the business earned $0.36 EPS. The business's revenue for the quarter was up 5.2% on a year-over-year basis. As a group, equities research analysts forecast that Donnelley Financial Solutions, Inc. will post 2.93 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have commented on DFIN shares. B. Riley raised their price target on shares of Donnelley Financial Solutions from $66.00 to $72.00 and gave the stock a "buy" rating in a research note on Thursday, April 25th. Needham & Company LLC reiterated a "buy" rating and issued a $72.00 target price on shares of Donnelley Financial Solutions in a research note on Wednesday, May 1st. Finally, DA Davidson upgraded shares of Donnelley Financial Solutions from a "neutral" rating to a "buy" rating and lifted their target price for the company from $60.00 to $72.00 in a research note on Friday, April 12th.

Institutional Trading of Donnelley Financial Solutions

A number of institutional investors have recently bought and sold shares of the business. Quantbot Technologies LP acquired a new position in shares of Donnelley Financial Solutions in the 3rd quarter valued at $40,000. USA Financial Formulas acquired a new position in shares of Donnelley Financial Solutions in the 4th quarter valued at $72,000. Bfsg LLC acquired a new position in shares of Donnelley Financial Solutions in the 4th quarter valued at $109,000. Nkcfo LLC bought a new stake in Donnelley Financial Solutions in the 3rd quarter valued at $141,000. Finally, Arlington Trust Co LLC bought a new stake in Donnelley Financial Solutions in the 4th quarter valued at $173,000. Institutional investors and hedge funds own 93.84% of the company's stock.

Donnelley Financial Solutions Company Profile

Donnelley Financial Solutions, Inc provides innovative software and technology-enabled financial regulatory and compliance solutions in the United States, Asia, Europe, Canada, and internationally. It operates through four segments: Capital Markets Software Solutions (CM-SS); Capital Markets Compliance and Communications Management (CM-CCM); Investment Companies Software Solutions (IC-SS); and Investment Companies Compliance and Communications Management (IC-CCM).