Barry Alan Symons Sells 2,500 Shares of Constellation Software (TSE:CSU) Stock

Constellation Software Inc. (TSE:CSU) insider Barry Alan Symons sold 2,500 shares of the stock in a transaction on Monday, November 17th. The shares were sold at an average price of C$3,304.25, for a total value of C$8,260,625.00. Following the completion of the transaction, the insider directly owned 57,000 shares in the company, valued at approximately C$188,342,250. This trade represents a 4.20% decrease in their position.

Constellation Software Stock Up 0.8%

Shares of Constellation Software stock opened at C$3,285.39 on Monday. The business has a fifty day simple moving average of C$3,524.54 and a 200 day simple moving average of C$4,251.67. The stock has a market cap of C$69.62 billion, a PE ratio of 101.40, a price-to-earnings-growth ratio of 2.95 and a beta of 0.47. The company has a quick ratio of 0.55, a current ratio of 0.93 and a debt-to-equity ratio of 169.83. Constellation Software Inc. has a 12 month low of C$3,155.60 and a 12 month high of C$5,300.00.

Constellation Software (TSE:CSU) last released its earnings results on Friday, November 7th. The company reported C$9.89 earnings per share for the quarter. The firm had revenue of C$4.10 billion for the quarter. Constellation Software had a return on equity of 27.34% and a net margin of 6.57%. Research analysts predict that Constellation Software Inc. will post 55.4616354 EPS for the current year.

Constellation Software Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 10th. Investors of record on Friday, October 10th were issued a dividend of $1.00 per share. The ex-dividend date was Friday, September 19th. This represents a $4.00 dividend on an annualized basis and a yield of 0.1%. Constellation Software’s payout ratio is currently 12.35%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on CSU shares. Raymond James Financial cut their target price on shares of Constellation Software from C$5,250.00 to C$4,300.00 in a report on Monday, November 10th. CIBC raised their price objective on Constellation Software from C$5,450.00 to C$5,480.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 29th. National Bank Financial cut Constellation Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 25th. BMO Capital Markets lowered their price target on Constellation Software from C$5,400.00 to C$4,600.00 in a report on Monday, November 10th. Finally, National Bankshares lowered Constellation Software from an “outperform” rating to a “sector perform” rating and dropped their price target for the stock from C$5,500.00 to C$4,500.00 in a research report on Friday, September 26th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Constellation Software has a consensus rating of “Moderate Buy” and an average target price of C$4,897.14.

About Constellation Software

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.