Donnelley Financial Solutions, Inc. (NYSE:DFIN) Insider Sells $26,440.00 in Stock

Donnelley Financial Solutions, Inc. (NYSE:DFIN) insider Craig Clay sold 400 shares of Donnelley Financial Solutions stock in a transaction dated Thursday, July 18th. The shares were sold at an average price of $66.10, for a total value of $26,440.00. Following the completion of the transaction, the insider now owns 148,348 shares in the company, valued at approximately $9,805,802.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Monday, July 22nd, Craig Clay sold 13,231 shares of Donnelley Financial Solutions stock. The shares were sold at an average price of $66.33, for a total transaction of $877,612.23.
• 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 Trading Up 3.1 %

Shares of Donnelley Financial Solutions stock traded up $1.99 on Monday, hitting $67.22. The stock had a trading volume of 172,112 shares, compared to its average volume of 177,741. The stock has a 50 day moving average of $60.43 and a 200 day moving average of $61.68. The firm has a market capitalization of $1.97 billion, a P/E ratio of 20.49 and a beta of 1.41. Donnelley Financial Solutions, Inc. has a twelve month low of $46.04 and a twelve month high of $67.22. 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 (NYSE:DFIN) last announced its quarterly earnings results on Wednesday, May 1st. The company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.25. The firm had revenue of $203.40 million during the quarter, compared to analysts’ expectations of $214.10 million. Donnelley Financial Solutions had a net margin of 12.43% and a return on equity of 24.68%. Sell-side analysts expect that Donnelley Financial Solutions, Inc. will post 3.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

DFIN has been the topic of a number of research analyst reports. DA Davidson upgraded shares of Donnelley Financial Solutions from a “neutral” rating to a “buy” rating and raised their target price for the company from $60.00 to $72.00 in a research report on Friday, April 12th. B. Riley increased their price target on Donnelley Financial Solutions from $66.00 to $72.00 and gave the company a “buy” rating in a research note on Thursday, April 25th. Finally, Needham & Company LLC restated a “buy” rating and set a $72.00 price objective on shares of Donnelley Financial Solutions in a research report on Wednesday, May 1st.

Institutional Trading of Donnelley Financial Solutions

A number of institutional investors and hedge funds have recently bought and sold shares of DFIN. Mawer Investment Management Ltd. lifted its holdings in Donnelley Financial Solutions by 47.5% during the 1st quarter. Mawer Investment Management Ltd. now owns 2,042,204 shares of the company’s stock worth $126,637,000 after buying an additional 657,835 shares during the period. Boston Trust Walden Corp raised its position in shares of Donnelley Financial Solutions by 52.0% during the fourth quarter. Boston Trust Walden Corp now owns 696,982 shares of the company’s stock worth $43,471,000 after acquiring an additional 238,489 shares during the last quarter. William Blair Investment Management LLC lifted its stake in shares of Donnelley Financial Solutions by 0.8% in 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 boosted its holdings in Donnelley Financial Solutions by 1,178.5% in 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 acquiring an additional 302,957 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Donnelley Financial Solutions by 0.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 328,050 shares of the company’s stock valued at $20,460,000 after acquiring an additional 1,321 shares during the last quarter. 93.84% of the stock is currently owned by institutional investors and hedge funds.

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).