John Edward Billowits Sells 1,200 Shares of Constellation Software (TSE:CSU) Stock

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

Constellation Software Price Performance

Shares of TSE CSU opened at C$3,050.00 on Wednesday. The company has a 50 day simple moving average of C$2,936.38 and a two-hundred day simple moving average of C$2,720.70. 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 market capitalization of C$64.64 billion, a price-to-earnings ratio of 67.28, a P/E/G ratio of 2.95 and a beta of 0.59. The company has a debt-to-equity ratio of 141.06, a quick ratio of 0.55 and a current ratio of 0.90.

Constellation Software (TSE:CSU) last issued its quarterly earnings results on Tuesday, August 11th. The company reported C$18.37 EPS for the quarter. The firm had revenue of C$4.74 billion for the quarter. Constellation Software had a return on equity of 25.24% and a net margin of 7.57%. Analysts expect that Constellation Software Inc. will post 55.4616354 EPS for the current fiscal year.

Wall Street Analyst Weigh In

CSU has been the topic of a number of recent research reports. TD increased their target price on Constellation Software from C$4,100.00 to C$4,200.00 and gave the stock a “buy” rating in a research note on Thursday, May 14th. Jefferies Financial Group upped their price target on shares of Constellation Software from C$3,185.00 to C$3,294.00 in a research note on Thursday, August 13th. Desjardins increased their price objective on shares of 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. Raymond James Financial increased their price objective 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 research report on Wednesday, August 12th. Finally, Canadian Imperial Bank of Commerce reduced their price objective on shares of Constellation Software from C$4,080.00 to C$4,000.00 in a research note on Thursday, May 14th. Eight investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price 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.