Donnelley Financial Solutions, Inc. (NYSE:DFIN) CEO Sells $28,004.00 in Stock

Donnelley Financial Solutions, Inc. (NYSE:DFIN) CEO Daniel Leib sold 400 shares of the stock in a transaction on Monday, September 16th. The stock was sold at an average price of $70.01, for a total value of $28,004.00. Following the completion of the transaction, the chief executive officer now directly owns 524,791 shares of the company’s stock, valued at approximately $36,740,617.91. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Wednesday, September 18th, Daniel Leib sold 2,881 shares of Donnelley Financial Solutions stock. The shares were sold at an average price of $70.03, for a total transaction of $201,756.43.

Donnelley Financial Solutions Stock Performance

DFIN stock opened at $67.00 on Friday. The firm has a 50 day simple moving average of $65.82 and a 200 day simple moving average of $62.76. Donnelley Financial Solutions, Inc. has a 52 week low of $50.75 and a 52 week high of $71.01. The stock has a market cap of $1.96 billion, a P/E ratio of 20.43 and a beta of 1.36. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.45 and a current ratio of 1.45.

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

Institutional Trading of Donnelley Financial Solutions

Several large investors have recently made changes to their positions in the stock. Mawer Investment Management Ltd. increased its stake in shares of Donnelley Financial Solutions by 3.4% in the second quarter. Mawer Investment Management Ltd. now owns 2,111,112 shares of the company’s stock worth $125,864,000 after purchasing an additional 68,908 shares during the period. American Century Companies Inc. grew its stake in shares of Donnelley Financial Solutions by 15.3% in the second quarter. American Century Companies Inc. now owns 1,152,756 shares of the company’s stock worth $68,727,000 after acquiring an additional 152,867 shares during the last quarter. William Blair Investment Management LLC increased its position in Donnelley Financial Solutions by 0.8% during the first quarter. William Blair Investment Management LLC now owns 445,815 shares of the company’s stock worth $27,645,000 after acquiring an additional 3,416 shares during the period. Price T Rowe Associates Inc. MD raised its position in shares of Donnelley Financial Solutions by 1,178.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 328,664 shares of the company’s stock valued at $20,381,000 after buying an additional 302,957 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in Donnelley Financial Solutions by 0.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 328,050 shares of the company’s stock worth $20,460,000 after buying an additional 1,321 shares in the last quarter. Institutional investors own 93.84% of the company’s stock.

Wall Street Analyst Weigh In

DFIN has been the topic of a number of research analyst reports. Needham & Company LLC lifted their target price on Donnelley Financial Solutions from $72.00 to $79.00 and gave the stock a “buy” rating in a report on Thursday, August 1st. DA Davidson lifted their price objective on shares of Donnelley Financial Solutions from $72.00 to $80.00 and gave the stock a “buy” rating in a research note on Thursday, August 1st.

About Donnelley Financial Solutions

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).