Insider Trading February 6, 2026

Broadridge Director Disposes of $48,727 in Stock Amid Broader Corporate Moves

Robert N. Duelks sells 253 shares; Broadridge posts stronger-than-expected quarter and moves to acquire CQG while analysts adjust price targets

By Jordan Park BR
Broadridge Director Disposes of $48,727 in Stock Amid Broader Corporate Moves
BR

Broadridge Financial Solutions director Robert N. Duelks sold 253 shares of company stock on February 6, 2026, for $48,727. The transaction was disclosed in a Form 4 filing signed by Maria Allen, Power of Attorney. The company recently beat second-quarter fiscal 2026 estimates, raised full-year earnings guidance and announced an agreement to acquire CQG. Several brokerages updated ratings and price targets following the quarterly report.

Key Points

  • Broadridge director Robert N. Duelks sold 253 shares at $192.60 per share on February 6, 2026, for a total of $48,727; the sale was reported on a Form 4 signed by Maria Allen, Power of Attorney.
  • After the transaction, Duelks directly owns 20,815 shares and holds additional indirect stakes: 4,960 shares through BOMAR II LLC, 17,000 shares via the Mary E. Duelks 2007 Revocable Trust, and 8,853 shares through the Robert N. Duelks 2007 Revocable Trust.
  • Broadridge posted fiscal 2026 second-quarter results that exceeded analyst expectations, raised full-year earnings guidance, announced an agreement to acquire CQG to enhance its futures and options trading platform, and saw multiple analyst price-target revisions and rating updates.

Broadridge Financial Solutions (NYSE:BR) director Robert N. Duelks executed a sale of 253 shares of common stock on February 6, 2026. The shares were disposed of at $192.60 per share, resulting in a total transaction value of $48,727, according to a Form 4 filing with the Securities and Exchange Commission.

Following the sale, Duelks retains direct ownership of 20,815 shares of Broadridge common stock. He also holds additional positions indirectly: 4,960 shares through BOMAR II LLC, 17,000 shares via the Mary E. Duelks 2007 Revocable Trust, and 8,853 shares through the Robert N. Duelks 2007 Revocable Trust. The Form 4 reporting the sale was signed by Maria Allen, acting under power of attorney.


Company financial and strategic developments

Separately, Broadridge released its second-quarter fiscal 2026 results, which surpassed analyst expectations. In response to the stronger performance, the company raised its full-year earnings guidance. Management also disclosed an agreement to acquire CQG, a provider of futures and options trading technology, in a move designed to bolster Broadridge’s trading platform capabilities. The stated objective of the acquisition is to integrate CQG’s technology with Broadridge’s existing solutions to create a more comprehensive offering for global futures and options markets.

These corporate announcements coincided with notable analyst activity. DA Davidson upgraded Broadridge’s rating from Neutral to Buy while keeping a price target of $228.00. RBC Capital lowered its price target to $245.00 from $265.00 but maintained an Outperform rating. Raymond James trimmed its price target to $257.00 from $276.00 and continued to carry an Outperform rating, citing the company’s strong quarterly results and favorable long-term growth prospects.


Context and notes

The Form 4 filing provides the formal disclosure of the director’s sale and the related ownership positions. The company’s recent quarterly beat and guidance raise, the planned acquisition of CQG with the stated aim of integrating its technology, and the subsequent analyst reactions together form the latest set of developments investors and observers will consider when assessing Broadridge’s near-term trajectory.

All transaction details, ownership figures and analyst actions cited above are taken from company filings and published updates.

Risks

  • Uncertainty around successful integration of CQG’s technology with Broadridge’s existing platform - impacts fintech and capital markets technology adoption.
  • Analyst price-target adjustments, including downward revisions despite continued Outperform ratings, introduce valuation uncertainty for investors in financial services and market infrastructure stocks.
  • Insider share sale disclosed via Form 4 may influence market perception of insider holdings; this presents potential near-term sentiment risk for Broadridge shares in the broader financials sector.

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