A substantial insider activity was disclosed on May 6, as Skoko, EVP at FactSet Research Systems (NYSE:FDS), reported the exercise of a large sell of company stock options.
What Happened: Skoko, EVP at FactSet Research Systems, made a strategic move by exercising stock options for 4,106 shares of FDS as detailed in a Form 4 filing on Monday with the U.S. Securities and Exchange Commission. The transaction value amounted to $1,165,282.
The latest update on Tuesday morning shows FactSet Research Systems shares down by 0.0%, trading at $436.08. At this price, Skoko's 4,106 shares are worth $1,165,282.
About FactSet Research SystemsFactSet 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: A Financial OverviewRevenue Growth: FactSet Research Systems displayed positive results in 3 months. As of ...
Full story available on Benzinga.com
https://Benzinga.com