Insider Selling: Constellation Software (TSE:CSU) Insider Sells 1,200 Shares

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

Constellation Software Trading Down 0.2%

Shares of TSE CSU traded down C$7.89 on Monday, reaching C$3,155.67. 19,182 shares of the company traded hands, compared to its average volume of 78,947. 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. The company has a 50 day moving average of C$2,922.46 and a 200 day moving average of C$2,710.67. The company has a current ratio of 0.90, a quick ratio of 0.55 and a debt-to-equity ratio of 141.06. The stock has a market capitalization of C$66.87 billion, a PE ratio of 69.62, a P/E/G ratio of 2.95 and a beta of 0.59.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Raymond James Financial lifted their price target 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 report on Wednesday, August 12th. National Bank Financial increased their target price on Constellation Software from C$3,500.00 to C$3,700.00 and gave the stock an “outperform” rating in a research report on Thursday, August 13th. Canadian Imperial Bank of Commerce cut their target price on Constellation Software from C$4,080.00 to C$4,000.00 in a research report on Thursday, May 14th. 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. Finally, Desjardins boosted 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 report on Monday, August 10th. Eight investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of C$3,884.40.

About Constellation Software

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.