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Frederick Philip Snow, the Chief Executive Officer of FactSet Research Systems Inc . (NYSE:FDS), recently sold 3,000 shares of the company’s common stock, generating approximately $1.36 million. The shares were sold at an average price of $454.86 per share on April 1, 2025. The transaction occurred in a $17.16 billion market cap company that InvestingPro analysis shows has maintained a GREAT financial health score of 3.19 out of 5.
In a related transaction, Snow exercised options to acquire 3,000 shares of common stock at a price of $152.28 per share, totaling $456,840. This transaction was executed under a Rule 10b5-1 plan, which Snow adopted in September 2024 to facilitate the exercise of non-qualified stock options. This plan limits Snow’s discretion over the timing of the transaction. FactSet trades at a P/E ratio of 31.65 and has maintained dividend payments for 26 consecutive years.
Following these transactions, Snow holds 16,616.4699 shares directly. The option exercise relates to grants made in November 2016, which vest at 20% annually over five years. According to InvestingPro analysis, FactSet is currently trading near its Fair Value, with 8 additional exclusive insights available to subscribers.
In other recent news, FactSet Research Systems reported its second-quarter earnings for fiscal year 2025, surpassing analysts’ expectations with an adjusted earnings per share (EPS) of $4.28 compared to the forecasted $4.21. The company achieved revenues of $571 million, slightly above the anticipated $570.13 million, reflecting a 4.5% year-over-year growth. Despite this positive earnings surprise, analysts at Raymond (NSE:RYMD) James maintained their Underperform rating on FactSet, expressing concerns over the company’s transition to a more cyclically affected business facing strong competition. BMO Capital Markets also adjusted its outlook on FactSet, reducing the price target from $498 to $466 while maintaining a Market Perform rating, citing broader economic conditions and a slowdown in Annual Subscription Value (ASV) growth. FactSet’s management remains optimistic about the second half of fiscal year 2025, driven by a robust sales pipeline and successful renewal cycles, particularly within the banking sector. The company reaffirmed its guidance for organic ASV growth and adjusted its fiscal year 2025 outlook to account for recent acquisitions. These developments come amid FactSet’s strategic efforts to enhance its market position through acquisitions such as Irwin and LiquidityBook, which are expected to contribute to future growth.
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