Insider Selling: Constellation Software (TSE:CSU) Insider Sells C$3,843,600.00 in Stock

Constellation Software Inc. (TSE:CSUGet Free Report) insider John Edward Billowits sold 1,200 shares of Constellation Software stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of C$3,203.00, for a total transaction of C$3,843,600.00. Following the sale, the insider owned 12,370 shares of the company’s stock, valued at approximately C$39,621,110. The trade was a 8.84% decrease in their ownership of the stock.

Constellation Software Price Performance

Shares of Constellation Software stock traded down C$7.89 on Monday, hitting C$3,155.67. The company’s stock had a trading volume of 19,182 shares, compared to its average volume of 78,947. The company has a quick ratio of 0.55, a current ratio of 0.90 and a debt-to-equity ratio of 141.06. The firm has a fifty day moving average price of C$2,922.46 and a 200-day moving average price of C$2,710.67. Constellation Software Inc. has a 52-week low of C$2,196.00 and a 52-week high of C$4,634.98. The company has a market capitalization of C$66.87 billion, a P/E ratio of 69.62, a price-to-earnings-growth ratio of 2.95 and a beta of 0.59.

Constellation Software (TSE:CSUGet Free Report) last announced its quarterly earnings results on Tuesday, August 11th. The company reported C$18.37 earnings per share (EPS) for the quarter. The company had revenue of C$4.74 billion for the quarter. Constellation Software had a net margin of 7.57% and a return on equity of 25.24%. On average, equities research analysts expect that Constellation Software Inc. will post 55.4616354 earnings per share for the current fiscal year.

Analysts Set New Price Targets

CSU has been the topic of a number of analyst reports. TD increased their target price on Constellation Software from C$4,100.00 to C$4,200.00 and gave the company a “buy” rating in a report on Thursday, May 14th. Raymond James Financial upped their price objective on Constellation Software from C$3,200.00 to C$3,500.00 and gave the company a “market perform” rating in a research report on Wednesday, August 12th. National Bank Financial increased their price objective on Constellation Software from C$3,500.00 to C$3,700.00 and gave the company an “outperform” rating in a research note on Thursday, August 13th. Jefferies Financial Group lifted their price objective on Constellation Software from C$3,185.00 to C$3,294.00 in a research report on Thursday, August 13th. Finally, Desjardins boosted their target price on shares of Constellation Software from C$3,800.00 to C$3,900.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Eight research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$3,884.40.

Read Our Latest Stock Analysis on Constellation Software

Constellation Software Company Profile

(Get Free Report)

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.

Further Reading

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