Constellation Software Inc. (TSE:CSU - Get Free Report) insider John Edward Billowits sold 1,200 shares of Constellation Software stock in a transaction dated Friday, August 28th. The stock was sold at an average price of C$3,203.00, for a total transaction of C$3,843,600.00. Following the transaction, the insider directly owned 12,370 shares in the company, valued at C$39,621,110. This trade represents a 8.84% decrease in their ownership of the stock.
Constellation Software Stock Down 0.8%
Shares of TSE CSU opened at C$3,138.72 on Tuesday. The company has a market capitalization of C$66.52 billion, a P/E ratio of 69.24, a P/E/G ratio of 2.95 and a beta of 0.59. The company has a debt-to-equity ratio of 141.06, a current ratio of 0.90 and a quick ratio of 0.55. The company has a 50 day simple moving average of C$2,931.20 and a 200-day simple moving average of C$2,715.59. Constellation Software Inc. has a 1 year low of C$2,196.00 and a 1 year high of C$4,634.98.
Constellation Software (TSE:CSU - Get Free Report) last released its quarterly earnings data on Tuesday, August 11th. The company reported C$18.37 EPS for the quarter. The firm had revenue of C$4.74 billion for the quarter. Constellation Software had a return on equity of 25.24% and a net margin of 7.57%. On average, equities research analysts predict that Constellation Software Inc. will post 55.4616354 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several equities analysts have recently commented on CSU shares. Desjardins upped their price target on 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. Canadian Imperial Bank of Commerce cut their price objective on Constellation Software from C$4,080.00 to C$4,000.00 in a research report on Thursday, May 14th. Royal Bank Of Canada set a C$4,400.00 price objective on shares of Constellation Software and gave the company an "outperform" rating in a report on Wednesday, August 26th. Raymond James Financial upped their target price on shares of 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. Finally, BMO Capital Markets lowered their target price on shares of Constellation Software from C$4,200.00 to C$3,500.00 and set an "outperform" rating for the company in a research note on Wednesday, May 13th. Eight research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of C$3,884.40.
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About Constellation Software
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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.
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