Donnelley Financial Solutions, Inc. (NYSE:DFIN) CEO Sells $201,756.43 in Stock

Donnelley Financial Solutions, Inc. (NYSE:DFIN) CEO Daniel Leib sold 2,881 shares of Donnelley Financial Solutions stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $70.03, for a total transaction of $201,756.43. Following the completion of the sale, the chief executive officer now owns 517,810 shares in the company, valued at approximately $36,262,234.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Daniel Leib also recently made the following trade(s):

• On Monday, September 16th, Daniel Leib sold 400 shares of Donnelley Financial Solutions stock. The shares were sold at an average price of $70.01, for a total transaction of $28,004.00.

Donnelley Financial Solutions Stock Performance

Shares of DFIN stock opened at $67.00 on Friday. Donnelley Financial Solutions, Inc. has a 12 month low of $50.75 and a 12 month high of $71.01. The stock has a market cap of $1.96 billion, a PE ratio of 20.43 and a beta of 1.36. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.41. The company’s fifty day moving average price is $65.82 and its 200-day moving average price is $62.76.

Donnelley Financial Solutions (NYSE:DFIN) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.08. The firm had revenue of $242.70 million during the quarter, compared to analyst estimates of $247.70 million. Donnelley Financial Solutions had a return on equity of 25.45% and a net margin of 13.22%. On average, equities analysts expect that Donnelley Financial Solutions, Inc. will post 3.02 EPS for the current fiscal year.

Hedge Funds Weigh In On Donnelley Financial Solutions

Large investors have recently modified their holdings of the stock. CWM LLC raised its position in shares of Donnelley Financial Solutions by 72.3% in the 2nd quarter. CWM LLC now owns 472 shares of the company’s stock worth $28,000 after purchasing an additional 198 shares during the last quarter. Quarry LP raised its position in shares of Donnelley Financial Solutions by 492.9% in the 2nd quarter. Quarry LP now owns 747 shares of the company’s stock worth $45,000 after purchasing an additional 621 shares during the last quarter. nVerses Capital LLC purchased a new position in shares of Donnelley Financial Solutions in the 2nd quarter worth about $48,000. Quest Partners LLC purchased a new position in Donnelley Financial Solutions in the 2nd quarter worth about $197,000. Finally, Caprock Group LLC purchased a new position in Donnelley Financial Solutions in the 2nd quarter worth about $201,000. Hedge funds and other institutional investors own 93.84% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. DA Davidson lifted their price target on shares of Donnelley Financial Solutions from $72.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, August 1st. Needham & Company LLC boosted their target price on shares of Donnelley Financial Solutions from $72.00 to $79.00 and gave the company a “buy” rating in a report on Thursday, August 1st.

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).