Broadridge Financial CEO Timothy C Gokey Sells 5675 Shares at $260.87.

Broadridge Financial Solutions, Inc. (BR) has announced that its Chief Executive Officer, Timothy C. Gokey, has disposed of 5,675 shares at a price of $260.87 per share on August 18, 2025.

Broadridge Financial Solutions, Inc. (NYSE:BR) has announced that its Chief Executive Officer, Timothy C. Gokey, has sold 5,675 shares of the company's stock on August 18, 2025. The shares were disposed of at a price of $260.87 per share. This transaction follows a series of sales by Gokey in recent weeks, including the sale of 39,251 shares on August 13, 2025, and 134,822 shares across three transactions from August 13 to August 15, 2025 [1].

The total value of the shares sold by Gokey in these transactions amounts to approximately $35,102,464, with the most recent sale valued at $1,500,000. Following these transactions, Gokey directly owns 154,634 shares of Broadridge Financial Solutions, representing a significant decrease in his ownership stake.

The company's stock has a market capitalization of $30.50 billion and has received varied analyst ratings, with price targets ranging from $222 to $305. Broadridge Financial Solutions is a business services provider that offers investor communications and technology-driven solutions for the financial services industry. The company's Investor Communication Solutions segment processes and distributes proxy materials to investors in equity securities and mutual funds, as well as facilitates related vote processing services [2].

The recent sales by Gokey have sparked interest among investors and analysts. While the exact reasons for the sales are not disclosed, they could be attributed to personal financial considerations or strategic planning. The company's stock has been trading within a range of $206.95 to $271.91 over the past year, with a current trading volume of 803,783 shares on August 15, 2025. The stock has a P/E ratio of 36.73 and a beta of 0.94, indicating moderate risk relative to the broader market.

Analysts have provided varied opinions on the stock. Royal Bank of Canada has issued an "outperform" rating with a price target of $259.00, while Needham & Company LLC has raised its price target to $305.00 with a "buy" rating. UBS Group has increased its price target to $280.00 with a "neutral" rating, and Morgan Stanley has raised its target price to $261.00 with an "equal weight" rating. Wall Street Zen has upgraded the stock to a "buy" rating from a "hold" rating [1].

Institutional investors have also shown interest in Broadridge Financial Solutions. Hedge funds and other institutional investors have recently added to or reduced their stakes in the company, with notable increases in stakes by firms such as Brighton Jones LLC, Rockefeller Capital Management L.P., Sagespring Wealth Partners LLC, Mariner LLC, and CreativeOne Wealth Partners LLC [1].

References:
[1] https://www.marketbeat.com/instant-alerts/timothy-c-gokey-sells-39251-shares-of-broadridge-financial-solutions-inc-nysebr-stock-2025-08-15/
[2] https://www.tradingview.com/news/tradingview:81932a06a841f:0-broadridge-financial-solutions-ceo-sells-over-35-million-in-company-stock/