Black Knight Financial Services Inc (NYSE:BKFS) CEO Thomas J. Sanzone sold 30,000 shares of Black Knight Financial Services stock in a transaction dated Monday, May 15th. The shares were sold at an average price of $39.17, for a total transaction of $1,175,100.00. Following the completion of the transaction, the chief executive officer now directly owns 871,990 shares of the company’s stock, valued at $34,155,848.30. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Black Knight Financial Services Inc (NYSE:BKFS) opened at 38.25 on Friday. Black Knight Financial Services Inc has a 1-year low of $32.60 and a 1-year high of $42.20. The firm has a market capitalization of $2.60 billion, a price-to-earnings ratio of 55.43 and a beta of 0.72. The firm’s 50-day moving average is $39.54 and its 200-day moving average is $38.12.

Black Knight Financial Services (NYSE:BKFS) last announced its quarterly earnings data on Wednesday, May 3rd. The technology company reported $0.30 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.30. Black Knight Financial Services had a net margin of 4.46% and a return on equity of 6.64%. The company had revenue of $259.50 million during the quarter, compared to analysts’ expectations of $256.46 million. During the same quarter in the prior year, the company posted $0.27 EPS. The business’s revenue was up 6.3% on a year-over-year basis. On average, equities analysts anticipate that Black Knight Financial Services Inc will post $1.36 EPS for the current year.

Insider Buying and Selling by Quarter for Black Knight Financial Services (NYSE:BKFS)

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Several large investors have recently bought and sold shares of BKFS. State Board of Administration of Florida Retirement System raised its stake in Black Knight Financial Services by 5.1% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 22,160 shares of the technology company’s stock valued at $838,000 after buying an additional 1,070 shares during the last quarter. Norges Bank purchased a new stake in Black Knight Financial Services during the fourth quarter valued at $13,390,000. Russell Investments Group Ltd. purchased a new stake in Black Knight Financial Services during the fourth quarter valued at $679,000. UBS Asset Management Americas Inc. raised its stake in Black Knight Financial Services by 14.0% in the third quarter. UBS Asset Management Americas Inc. now owns 13,050 shares of the technology company’s stock valued at $534,000 after buying an additional 1,600 shares during the last quarter. Finally, Edge Asset Management Inc. raised its stake in Black Knight Financial Services by 4.0% in the fourth quarter. Edge Asset Management Inc. now owns 177,074 shares of the technology company’s stock valued at $6,694,000 after buying an additional 6,749 shares during the last quarter. 89.24% of the stock is currently owned by institutional investors and hedge funds.

Several research analysts have recently commented on BKFS shares. Stephens raised shares of Black Knight Financial Services from an “equal weight” rating to an “overweight” rating in a report on Thursday, February 2nd. Zacks Investment Research lowered shares of Black Knight Financial Services from a “hold” rating to a “sell” rating in a report on Monday, February 6th. Wedbush reaffirmed an “outperform” rating and issued a $44.00 price target on shares of Black Knight Financial Services in a report on Monday, March 13th. Finally, Knight Equity reaffirmed a “hold” rating on shares of Black Knight Financial Services in a report on Wednesday, February 1st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company’s stock. Black Knight Financial Services currently has an average rating of “Hold” and a consensus target price of $41.00.

About Black Knight Financial Services

Black Knight Financial Services, Inc is a holding company. The Company, through its subsidiaries, provides integrated technology, workflow automation, and data and analytics to the mortgage and real estate industries. The Company’s segments include Technology, and Data and Analytics. The Company’s Technology segment offers software and hosting solutions that support loan servicing, loan origination and settlement services.

5 Day Chart for NYSE:BKFS

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