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Nov 12, 2024 9:00 PM - Gordon Thompson(Last modified: Nov 13, 2024 9:48 AM)
Image credit: Google Images
Broadridge Financial Solutions, Inc. (NYSE:BR) is a prominent player in the fintech industry, providing critical infrastructure for investing, corporate governance, and communications. The company serves a diverse clientele, including banks, broker-dealers, asset and wealth managers, and public companies. With over $6 billion in revenues, Broadridge is a significant force in the financial technology sector.
On November 12, 2024, Matlin Laura, the CVP, Deputy GC, and CCO at Broadridge, sold 3,459 shares of the company's common stock at approximately $227.65 per share. This transaction leaves her with around 7,116 shares. The sale comes at a time when BR's stock is trading at $226.88, reflecting a slight increase of 0.29% or $0.67.
Broadridge's stock has shown resilience, with today's trading range between $225.98 and $228.71, the latter being its highest point for the year. Over the past year, the stock's lowest price was $179.79. The company's market capitalization is approximately $26.52 billion, indicating its substantial presence in the market.
In addition to the stock transaction, Broadridge is set to participate in the Wolfe Research Wealth Symposium in New York City on November 13, 2024. Ashima Ghei, the Interim Chief Financial Officer, will represent the company in a fireside chat. This event will be accessible on Broadridge's Investor Relations page, providing insights into the company's strategies and future plans.
Today's trading volume for BR stands at 357,171 shares, reflecting investor interest in the company. As Broadridge continues to engage with the financial community and expand its services, it remains a key player in the fintech landscape.
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