Constellation Software (TSE:CSU) Director Sells C$785,135.10 in Stock

Constellation Software Inc. (TSE:CSU) Director Jamal Nizam Baksh sold 285 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of C$2,754.86, for a total value of C$785,135.10. Following the completion of the sale, the director directly owned 1,307 shares of the company’s stock, valued at approximately C$3,600,602.02. The trade was a 17.90% decrease in their position.

Constellation Software Price Performance

Shares of CSU opened at C$2,764.23 on Friday. The firm has a market cap of C$58.58 billion, a PE ratio of 78.84, a PEG ratio of 2.95 and a beta of 0.53. The firm’s 50 day moving average price is C$2,698.66 and its 200 day moving average price is C$2,741.36. The company has a debt-to-equity ratio of 143.18, a quick ratio of 0.55 and a current ratio of 0.91. Constellation Software Inc. has a twelve month low of C$2,196.00 and a twelve month high of C$5,060.70.

Constellation Software (TSE:CSU) last posted its earnings results on Tuesday, May 12th. The company reported C$24.08 EPS for the quarter. The company had revenue of C$4.42 billion during the quarter. Constellation Software had a net margin of 6.08% and a return on equity of 20.79%. As a group, research analysts expect that Constellation Software Inc. will post 55.4616354 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on CSU. Royal Bank Of Canada cut their target price on Constellation Software from C$4,800.00 to C$4,500.00 and set an “outperform” rating on the stock in a report on Thursday, May 14th. Jefferies Financial Group decreased their price target on Constellation Software from C$3,500.00 to C$3,185.00 and set a “buy” rating for the company in a research note on Monday, May 25th. UBS Group lowered their price objective on Constellation Software from C$4,500.00 to C$4,250.00 in a report on Tuesday, March 31st. Canadian Imperial Bank of Commerce cut their price objective on Constellation Software from C$4,080.00 to C$4,000.00 in a research note on Thursday, May 14th. Finally, Raymond James Financial reduced their target price on Constellation Software from C$3,700.00 to C$3,200.00 and set a “market perform” rating for the company in a report on Wednesday, May 13th. Eight investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Constellation Software currently has an average rating of “Moderate Buy” and a consensus price target of C$3,823.50.

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.