FDS - Insider Unloading: Rachel R. Stern Sells Options Realizes $1.76M | Benzinga
Rachel R. Stern, EVP at FactSet Research Systems (NYSE:FDS), reported a large exercise of company stock options on December 26, according to a new SEC filing.
What Happened: Stern, EVP at FactSet Research Systems, exercised stock options for 6,215 shares of FDS stock. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday. The exercise price of the options was $189.98 per share.
The Wednesday morning market activity shows FactSet Research Systems shares up by 0.33%, trading at $473.89. This implies a total value of $1,764,500 for Stern's 6,215 shares.
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: Delving into Financials
Positive Revenue Trend: Examining FactSet Research Systems's financials over 3 months reveals ...