Large Outflow of Money Witnessed in FactSet Research Systems

FactSet Research Systems (FDS) : Money flow in the FactSet Research Systems (FDS) stock was negative (8.06 million) on Tuesday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $11.24 million, compared to $19.3 million on downticks. The total uptick to downtick ratio was 0.58, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($6.08 million), indicating selling on the strength. Downtick transaction value in block trades amounted to $6.08 million, indicating persistent selling. FactSet Research Systems (FDS) traded $0.88 higher at $161.9 gaining 0.55% over the previous days close.


The company Insiders own 2.6% of FactSet Research Systems shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -22.22% . Institutional Investors own 92.39% of FactSet Research Systems shares. During last six month period, the net percent change held by insiders has seen a change of -38.6%. In an insider trading activity, The director, of Factset Research Systems Inc, Laird Joseph E Jr had unloaded 1,000 shares at $161 per share in a transaction on July 1, 2016. The total value of transaction was $161,000. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Shares of FactSet Research Systems Inc. rose by 1.85% in the last five trading days and 3.78% for the last 4 weeks. FactSet Research Systems Inc. is up 11% in the last 3-month period. Year-to-Date the stock performance stands at 2.19%.

FactSet Research Systems (NYSE:FDS): stock turned positive on Tuesday. Though the stock opened at $164.63, the bulls momentum made the stock top out at $166.19 level for the day. The stock recorded a low of $163.59 and closed the trading day at $165.12, in the green by 1.99%. The total traded volume for the day was 515,913. The stock had closed at $161.9 in the previous days trading.

FactSet Research Systems Inc. (FactSet) is a provider of integrated financial information and analytical applications to the global investment community. The Company operates through three segments based on geographic business activities: the U.S., Europe and Asia Pacific. Sales, consulting, data collection, product development and software engineering are the primary functional groups within the U.S., Europe and Asia Pacific segments that provide global financial and economic information to investment managers, investment banks and other financial services professionals. The U.S. segment services finance professionals, including financial institutions throughout the Americas, while the European and Asia Pacific segments service investment professionals located throughout Europe and the Asia Pacific region, respectively. FactSet combines content regarding companies and securities from markets all over the globe into a single online platform of information and analytics.

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