Constellation Software (TSE:CSU) Insider Sells C$3,843,600.00 in Stock

Constellation Software Inc. (TSE:CSU) insider John Edward Billowits sold 1,200 shares of the firm’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of C$3,203.00, for a total transaction of C$3,843,600.00. Following the sale, the insider owned 12,370 shares in the company, valued at C$39,621,110. The trade was a 8.84% decrease in their ownership of the stock.

Constellation Software Trading Down 0.1%

Shares of Constellation Software stock opened at C$3,047.11 on Thursday. The company has a debt-to-equity ratio of 141.06, a quick ratio of 0.55 and a current ratio of 0.90. The company has a fifty day moving average of C$2,939.95 and a 200 day moving average of C$2,725.96. The company has a market capitalization of C$64.57 billion, a P/E ratio of 67.22, a P/E/G ratio of 2.95 and a beta of 0.59. Constellation Software Inc. has a fifty-two week low of C$2,196.00 and a fifty-two week high of C$4,634.98.

Constellation Software (TSE:CSU) last announced its quarterly earnings data on Tuesday, August 11th. The company reported C$18.37 EPS for the quarter. Constellation Software had a return on equity of 25.24% and a net margin of 7.57%.The business had revenue of C$4.74 billion for the quarter. On average, sell-side analysts anticipate that Constellation Software Inc. will post 55.4616354 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Royal Bank Of Canada set a C$4,400.00 target price on shares of Constellation Software and gave the stock an “outperform” rating in a research report on Wednesday, August 26th. Desjardins boosted their price target on shares of Constellation Software from C$3,800.00 to C$3,900.00 and gave the stock a “buy” rating in a research note on Monday, August 10th. National Bank Financial increased their price objective on shares of Constellation Software from C$3,500.00 to C$3,700.00 and gave the company an “outperform” rating in a report on Thursday, August 13th. 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. Finally, BMO Capital Markets reduced their target price on Constellation Software from C$4,200.00 to C$3,500.00 and set an “outperform” rating on the stock in a report on Wednesday, May 13th. Eight investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$3,884.40.

Constellation Software Company Profile

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.