A Director at Federated Investors is Exercising Options

Today it was reported that a Director at Federated Investors (FII), Michael J. Farrell, exercised options to sell 3,000 FII shares at $23.56 a share, for a total transaction value of $88.74K. The options were close to expired and Michael J. Farrell disposed stocks.

Following Michael J. Farrell’s last FII Sell transaction on August 01, 2018, the stock climbed by 7.0%. In addition to Michael J. Farrell, 7 other FII executives reported Sell trades in the last month.

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Based on Federated Investors’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $307 million and quarterly net profit of $59.24 million. In comparison, last year the company earned revenue of $265 million and had a net profit of $57.96 million. FII’s market cap is $2.95B and the company has a P/E ratio of 13.45. Currently, Federated Investors has an average volume of 586.6K.

The insider sentiment on Federated Investors has been negative according to 40 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Federated Investors, Inc. engages in the provision of investment management products and related financial services. It sponsors, markets and provides investment-related services to sponsored investment companies, Federated Funds, and Separate Accounts which include separately managed accounts (SMAs), institutional accounts, sub-advised funds and other managed products in both domestic and international markets. The company was founded by John F. Donahue and Richard B. Fisher in October 1955 and is headquartered in Pittsburgh, PA.