CSG Systems International, Inc. (NASDAQ:CSGS – Get Rating) COO Kenneth M. Kennedy sold 9,000 shares of the business’s stock in a transaction dated Wednesday, May 17th. The stock was sold at an average price of $49.06, for a total transaction of $441,540.00. Following the transaction, the chief operating officer now owns 185,466 shares in the company, valued at $9,098,961.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
CSG Systems International Stock Up 0.6 %
Shares of NASDAQ CSGS opened at $49.37 on Friday. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.66 and a quick ratio of 1.66. The stock has a market capitalization of $1.56 billion, a PE ratio of 25.85 and a beta of 0.86. CSG Systems International, Inc. has a one year low of $48.18 and a one year high of $66.58. The business’s fifty day moving average price is $51.89 and its 200-day moving average price is $56.19.
Institutional Investors Weigh In On CSG Systems International
Institutional investors have recently added to or reduced their stakes in the business. CoreCap Advisors LLC bought a new stake in shares of CSG Systems International in the fourth quarter valued at approximately $36,000. US Asset Management LLC bought a new stake in CSG Systems International during the 4th quarter valued at $65,000. Counterpoint Mutual Funds LLC purchased a new stake in shares of CSG Systems International during the fourth quarter worth $134,000. Miracle Mile Advisors LLC bought a new position in shares of CSG Systems International in the fourth quarter worth $215,000. Finally, EMC Capital Management grew its position in shares of CSG Systems International by 14.4% in the fourth quarter. EMC Capital Management now owns 3,752 shares of the technology company’s stock valued at $215,000 after purchasing an additional 472 shares in the last quarter. 94.79% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
About CSG Systems International
CSG Systems International, Inc is a purpose-driven, SaaS platform company, which engages in providing business support solutions serving the communications industry. It focuses on revenue management and digital monetization, customer experience, and payment solutions providers. The company was founded on October 17, 1994 and is headquartered in Englewood, CO.
- Get a free copy of the StockNews.com research report on CSG Systems International (CSGS)
- MarketBeat Week in Review – 5/15 – 5/19
- Applied Materials: Cracks In The Chip Recovery Or Time To Buy?
- Deere & Company Rallies On Farm Equipment Boom, Bullish Outlook
- How Many Roth IRAs Can You Have?
- Why You Should Consider Buying Nvidia Ahead Of Earnings
Receive News & Ratings for CSG Systems International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CSG Systems International and related companies with MarketBeat.com's FREE daily email newsletter.