Donnelley Financial Solutions, Inc. (NYSE:DFIN) Insider Sells $877,612.23 in Stock

Donnelley Financial Solutions, Inc. (NYSE:DFIN) insider Craig Clay sold 13,231 shares of Donnelley Financial Solutions stock in a transaction that occurred on Monday, July 22nd. The stock was sold at an average price of $66.33, for a total transaction of $877,612.23. Following the sale, the insider now owns 134,965 shares in the company, valued at $8,952,228.45. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Craig Clay also recently made the following trade(s):

• On Thursday, July 18th, Craig Clay sold 400 shares of Donnelley Financial Solutions stock. The stock was sold at an average price of $66.10, for a total transaction of $26,440.00.
• On Wednesday, April 24th, Craig Clay sold 5,698 shares of Donnelley Financial Solutions stock. The stock was sold at an average price of $66.02, for a total transaction of $376,181.96.

Donnelley Financial Solutions Stock Down 2.5 %

Shares of NYSE DFIN opened at $66.20 on Thursday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.49 and a current ratio of 1.49. Donnelley Financial Solutions, Inc. has a 52-week low of $46.04 and a 52-week high of $68.94. The company’s 50 day moving average price is $60.67 and its 200-day moving average price is $61.80. The company has a market capitalization of $1.94 billion, a P/E ratio of 20.62 and a beta of 1.41.

Donnelley Financial Solutions (NYSE:DFIN) last released its earnings results on Wednesday, May 1st. The company reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.25. Donnelley Financial Solutions had a net margin of 12.43% and a return on equity of 24.68%. The company had revenue of $203.40 million for the quarter, compared to the consensus estimate of $214.10 million. Equities analysts forecast that Donnelley Financial Solutions, Inc. will post 3.31 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. DA Davidson upgraded shares of Donnelley Financial Solutions from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $60.00 to $72.00 in a research report on Friday, April 12th. B. Riley boosted 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 report on Thursday, April 25th. Finally, Needham & Company LLC restated a “buy” rating and issued a $72.00 price target on shares of Donnelley Financial Solutions in a research report on Wednesday, May 1st.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. CWM LLC lifted its position in shares of Donnelley Financial Solutions by 72.3% during the 2nd quarter. CWM LLC now owns 472 shares of the company’s stock valued at $28,000 after acquiring an additional 198 shares during the period. USA Financial Formulas bought a new stake in Donnelley Financial Solutions during the 4th quarter valued at $72,000. Bfsg LLC bought a new stake in Donnelley Financial Solutions during the 4th quarter valued at $109,000. Arlington Trust Co LLC bought a new stake in Donnelley Financial Solutions during the 4th quarter valued at $173,000. Finally, Entropy Technologies LP bought a new stake in Donnelley Financial Solutions during the 1st quarter valued at $209,000. 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).