Equifax Inc.

(New York Stock Exchange)
Somewhat Bullish +45

Equifax (NYSE:EFX) EVP Sells $710,720.00 in Stock

πŸ“‰ Equifax EVP John Gamble, Jr. sold 4,000 shares for $710,720 on October 29th under a pre-arranged Rule 10b5-1 trading plan.

πŸ’° The executive vice president retains 65,145 shares worth approximately $11.57 million after the sale.

πŸ“ˆ Equifax reported Q3 earnings of $2.26 EPS, beating the consensus estimate of $2.20 by $0.06.

πŸ’΅ Revenue for the quarter was $1.69 billion, matching analyst expectations and growing 9.6% year-over-year.

πŸ“‰ Deutsche Bank reissued a 'buy' rating with a $201 price target on October 21st.

πŸ“‰ Loop Capital set a lower price objective of $169 in a report dated October 20th.

πŸ’° The company declared a quarterly dividend of $0.56 per share, yielding 1.2% annually.

🏦 Institutional investors own 96.20% of Equifax's outstanding shares as of the latest filings.

Bullish Signals
  • Equifax beat Q3 earnings expectations with EPS of $2.26 versus a consensus of $2.20.
  • Revenue grew 9.6% year-over-year to reach $1.69 billion, matching analyst forecasts.
  • Deutsche Bank reissued a 'buy' rating and set a $201 price target on October 21st.
  • Weiss Ratings upgraded the stock from a 'sell (d+)' to a 'hold (c-)' rating in August.
  • The company maintains a healthy dividend yield of 1.2% with a payout ratio of 36.19%.
Risk Factors
  • Loop Capital set a price objective of $169, which is below the current trading price.
  • Robert W. Baird cut its target price from $245 to $232 in July, citing valuation concerns.
Full Analysis
Equifax (NYSE: EFX) EVP John Gamble, Jr. sold 4,000 shares of company stock on October 29th for a total transaction value of $710,720.00 at an average price of $177.68 per share. Executed under a pre-arranged Rule 10b5-1 trading plan, the sale reduced his direct ownership by 5.78%, leaving him with 65,145 shares valued at approximately $11.57 million following the transaction. The company recently reported quarterly earnings on October 20th, beating consensus estimates with EPS of $2.26 versus expectations of $2.20. Revenue for the quarter reached $1.69 billion, matching analyst predictions and representing a 9.6% year-over-year increase. Equifax also declared a quarterly dividend of $0.56 per share, paid on September 15th to investors of record as of August 31st. Analyst sentiment remains mixed but generally positive regarding the stock's valuation. Deutsche Bank reissued a 'buy' rating with a $201 price target on October 21st, while Loop Capital set a lower objective at $169. Institutional investors continue to hold significant stakes, with hedge funds and other institutions owning 96.20% of the company's outstanding shares.