Donnelley Financial Solutions, Inc. (NYSE:DFIN) Insider Eric J. Johnson Sells 8,823 Shares

Donnelley Financial Solutions, Inc. (NYSE:DFIN) insider Eric J. Johnson sold 8,823 shares of Donnelley Financial Solutions stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $62.77, for a total value of $553,819.71. Following the transaction, the insider now directly owns 124,186 shares of the company’s stock, valued at $7,795,155.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Donnelley Financial Solutions Price Performance

Shares of NYSE DFIN traded down $0.25 during midday trading on Monday, reaching $62.81. 119,860 shares of the company traded hands, compared to its average volume of 175,374. The stock’s 50-day simple moving average is $61.57 and its 200-day simple moving average is $62.16. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.49 and a current ratio of 1.45. Donnelley Financial Solutions, Inc. has a 12 month low of $46.04 and a 12 month high of $71.01. The firm has a market cap of $1.84 billion, a PE ratio of 19.15 and a beta of 1.41.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. B. Riley lifted their price objective on Donnelley Financial Solutions from $66.00 to $72.00 and gave the company a “buy” rating in a report on Thursday, April 25th. DA Davidson lifted their price objective on Donnelley Financial Solutions from $72.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, August 1st. Finally, Needham & Company LLC lifted their price objective on Donnelley Financial Solutions from $72.00 to $79.00 and gave the company a “buy” rating in a report on Thursday, August 1st.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. CWM LLC raised its holdings in shares of Donnelley Financial Solutions by 72.3% in the second quarter. CWM LLC now owns 472 shares of the company’s stock valued at $28,000 after buying an additional 198 shares during the last quarter. nVerses Capital LLC bought a new position in shares of Donnelley Financial Solutions in the second quarter valued at about $48,000. USA Financial Formulas bought a new position in shares of Donnelley Financial Solutions in the fourth quarter valued at about $72,000. Bfsg LLC bought a new position in shares of Donnelley Financial Solutions in the fourth quarter valued at about $109,000. Finally, Quest Partners LLC bought a new position in shares of Donnelley Financial Solutions in the second quarter valued at about $197,000. 93.84% of the stock is owned by institutional investors.

About Donnelley Financial Solutions

Donnelley Financial Solutions, Inc provides innovative software and technology-enabled financial regulatory and compliance solutions in the United States, Asia, Europe, Canada, and internationally. It operates through four segments: Capital Markets Software Solutions (CM-SS); Capital Markets Compliance and Communications Management (CM-CCM); Investment Companies Software Solutions (IC-SS); and Investment Companies Compliance and Communications Management (IC-CCM).