A Director at Discover Financial Services (NYSE: DFS) is Selling Shares


Today, a Director at Discover Financial Services (NYSE: DFS), Michael Moskow, sold shares of DFS for $172K.

Following Michael Moskow’s last DFS Sell transaction on May 18, 2017, the stock climbed by 15.8%.

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Based on Discover Financial Services’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $3.05 billion and quarterly net profit of $662 million. In comparison, last year the company earned revenue of $2.73 billion and had a net profit of $560 million. DFS’s market cap is $26.05B and the company has a P/E ratio of 12.78. Currently, Discover Financial Services has an average volume of 1.65M.

Based on 9 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $81.00, reflecting a -7.6% downside. Three different firms, including Evercore ISI and Stephens, currently also have a Sell rating on the stock.

Michael Moskow’s trades have generated a -18.5% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Discover Financial Services is a holding company, which engages in the provision of direct banking and payment services. It operates through the Direct Banking and Payment Services segments.

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