Insider Selling: Constellation Software (TSE:CSU) Director Sells 149 Shares of Stock

Constellation Software Inc. (TSE:CSU) Director Jamal Nizam Baksh sold 149 shares of the company’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 value of C$427,813.27. Following the sale, the director owned 143 shares in the company, valued at approximately C$410,585.89. This trade represents a 51.03% decrease in their position.

Constellation Software Stock Up 2.0%

CSU traded up C$60.10 on Friday, reaching C$3,030.10. The company’s stock had a trading volume of 20,338 shares, compared to its average volume of 76,816. The company has a quick ratio of 0.55, a current ratio of 0.90 and a debt-to-equity ratio of 141.06. The stock has a 50 day moving average of C$2,993.20 and a two-hundred day moving average of C$2,770.41. The company has a market capitalization of C$64.21 billion, a price-to-earnings ratio of 66.85, a P/E/G ratio of 2.95 and a beta of 0.59. Constellation Software Inc. has a fifty-two week low of C$2,196.00 and a fifty-two week high of C$4,110.00.

Constellation Software (TSE:CSU) last released its quarterly earnings data on Tuesday, August 11th. The company reported C$18.37 earnings per share (EPS) for the quarter. The company had revenue of C$4.74 billion during the quarter. Constellation Software had a net margin of 7.57% and a return on equity of 25.24%. As a group, analysts forecast that Constellation Software Inc. will post 55.4616354 EPS for the current fiscal year.

Constellation Software Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Desjardins increased their price objective on shares of Constellation Software from C$3,800.00 to C$3,900.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Raymond James Financial upped their price target on Constellation Software from C$3,200.00 to C$3,500.00 and gave the stock a “market perform” rating in a research note on Wednesday, August 12th. Jefferies Financial Group lifted their target price on shares of Constellation Software from C$3,185.00 to C$3,294.00 in a report on Thursday, August 13th. National Bank Financial upped their target price on shares of Constellation Software from C$3,500.00 to C$3,700.00 and gave the company an “outperform” rating in a research note on Thursday, August 13th. Finally, Royal Bank Of Canada set a C$4,400.00 price objective on shares of Constellation Software and gave the company an “outperform” rating in a research note on Wednesday, August 26th. Eight research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average 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.