Constellation Software (TSE:CSU) Insider Mark Robert Miller Purchases 275 Shares

Constellation Software Inc. (TSE:CSU) insider Mark Robert Miller acquired 275 shares of the stock in a transaction dated Friday, September 26th. The stock was acquired at an average price of C$3,695.14 per share, for a total transaction of C$1,016,163.50. Following the completion of the acquisition, the insider directly owned 11,753 shares of the company’s stock, valued at C$43,428,980.42. The trade was a 2.40% increase in their ownership of the stock.

Constellation Software Price Performance

TSE:CSU opened at C$4,029.53 on Friday. Constellation Software Inc. has a 1-year low of C$3,390.01 and a 1-year high of C$5,300.00. The company has a current ratio of 0.93, a quick ratio of 0.55 and a debt-to-equity ratio of 169.83. The firm has a fifty day simple moving average of C$4,413.14 and a 200 day simple moving average of C$4,693.57. The stock has a market capitalization of C$85.39 billion, a PE ratio of 133.25, a P/E/G ratio of 2.95 and a beta of 0.77.

Constellation Software Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 10th. Investors of record on Friday, October 10th will be paid a $1.00 dividend. The ex-dividend date of this dividend is Friday, September 19th. This represents a $4.00 annualized dividend and a dividend yield of 0.1%. Constellation Software’s dividend payout ratio (DPR) is currently 13.23%.

Analyst Upgrades and Downgrades

CSU has been the subject of several analyst reports. National Bankshares cut shares of Constellation Software from an “outperform” rating to a “sector perform” rating and decreased their target price for the company from C$5,500.00 to C$4,500.00 in a research note on Friday, September 26th. Royal Bank Of Canada raised their target price on shares of Constellation Software from C$5,700.00 to C$6,000.00 and gave the company an “outperform” rating in a research note on Monday, August 11th. BMO Capital Markets decreased their target price on shares of Constellation Software from C$5,700.00 to C$5,400.00 in a research note on Monday, August 11th. TD Securities set a C$5,700.00 price objective on shares of Constellation Software and gave the company a “buy” rating in a report on Thursday, September 25th. Finally, National Bank Financial lowered shares of Constellation Software from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Constellation Software has an average rating of “Moderate Buy” and an average target price of C$5,450.00.

Constellation Software Company Profile

Constellation Software Inc is a Canada-based company that develops and customizes software for public- and private-sector markets. The firm acquires, manages, and builds vertical-specific businesses. Its operations are organized in two segments: Public Sector and Private Sector. The portfolio companies serve various markets including communications, credit unions, beverage distribution, tour operators, auto clubs, textiles and apparel, hospitality, and community care.