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Daniel Leib, the Chief Executive Officer of Donnelley Financial Solutions, Inc. (NYSE:DFIN), recently executed a series of stock transactions as disclosed in a Form 4 filing. According to InvestingPro data, these transactions come as DFIN trades near its 52-week low, with the stock down 24% over the past six months despite maintaining a GOOD overall financial health score. On February 24, Leib sold 25,000 shares of common stock at a weighted average price of $50.14, totaling approximately $1.25 million. This sale was conducted under a pre-established Rule 10b5-1 trading plan, adopted on September 19, 2024. With a current market capitalization of $1.44 billion and a P/E ratio of 16.34, analysts maintain optimistic price targets for DFIN, suggesting potential upside. Discover more detailed insights and 8 additional ProTips with InvestingPro.
In addition to the sale, Leib also exercised stock options to acquire 25,000 shares at $22.35 each, amounting to a total acquisition cost of $558,750. Following these transactions, Leib holds a total of 515,191 shares, which include direct holdings, restricted stock units, and performance share units with service-based vesting requirements.
In other recent news, Donnelley Financial Solutions released its fourth-quarter results, which did not meet the expectations set by DA Davidson. Following this, DA Davidson adjusted its price target for the company from $76.00 to $72.00 but maintained a Buy rating. The company’s guidance for the first quarter of 2025 was also reported to be below the forecasts of both DA Davidson and the consensus. Analysts at DA Davidson have revised their revenue and adjusted EBITDA forecasts for 2025 and 2026, decreasing them by 2%-3% each. The underperformance was mainly attributed to the unpredictable nature of Transactional revenue. Despite the disappointing results, DA Davidson believes the more than 20% drop in Donnelley Financial’s share price since the earnings report is an overreaction. The firm continues to express confidence in the company’s stock by retaining the Buy rating. These developments have led to a recalibration of expectations by market analysts regarding Donnelley Financial’s future performance.
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