FDS - Insider Decision: Robin A. Abrams Offloads $999K Worth Of FactSet Research Systems Stock | Benzinga
Disclosed on June 25, Robin A. Abrams, Board Member at FactSet Research Systems (NYSE:FDS), executed a substantial insider sell as per the latest SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Abrams sold 2,375 shares of FactSet Research Systems. The total transaction amounted to $999,186.
As of Wednesday morning, FactSet Research Systems shares are down by 0.0%, currently priced at $419.2.
Discovering FactSet Research Systems: A Closer Look
FactSet provides financial data and portfolio analytics to the Global investment community. The company aggregates data from third-party data suppliers, news sources, exchanges, brokerages, and contributors into its workstations. In addition, it provides essential portfolio analytics that companies use to monitor portfolios and address reporting requirements. Buy-side clients account for 82% of FactSet's annual subscription value. In 2015, the company acquired Portware, a provider of trade execution software. In 2017, it acquired BISAM, a risk management and performance measurement provider. In 2022, it completed its purchase of CUSIP Global Services.
FactSet Research Systems's Financial Performance
Revenue Growth: FactSet Research Systems's remarkable performance in 3 months is evident. As of 31 May, 2024, the company achieved an impressive revenue growth rate of 1.24%. This signifies a substantial increase in the ...