FactSet slides as new Wall Street AI agents raise competition concerns

FactSet Research Systems (FDS) is down 5.5% today. Here is some analysis on what might have caused this price movement.

Analysis: The drop appears tied to investor concerns that newly launched, finance-focused AI “agents” could replicate parts of the research and workflow automation that data-and-analytics platforms monetize. Even without any new FactSet financial disclosure today, the market may be repricing the competitive landscape as large AI vendors push deeper into institutional finance.

Details:

Sources:

Axios, Anthropic, Investing.com, FactSet Investor Relations

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$FDS Insider Trading Activity

$FDS insiders have traded $FDS stock on the open market 5 times in the past 6 months. Of those trades, 1 have been purchases and 4 have been sales.

Here’s a breakdown of recent trading of $FDS stock by insiders over the last 6 months:

• LAURIE SIEGEL has made 0 purchases and 2 sales selling 2,572 shares for an estimated $761,944.
• MALCOLM FRANK has made 0 purchases and 2 sales selling 2,572 shares for an estimated $760,547.
• GORAN SKOKO (EVP, Chief Revenue Officer) purchased 500 shares for an estimated $126,465

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.

$FDS Hedge Fund Activity

We have seen 378 institutional investors add shares of $FDS stock to their portfolio, and 453 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added 13,854,613 shares (+444058.1%) to their portfolio in Q4 2025, for an estimated $4,020,470,146
• BAMCO INC /NY/ added 1,069,786 shares (+58.8%) to their portfolio in Q4 2025, for an estimated $310,441,199
• MORGAN STANLEY removed 1,048,487 shares (-48.3%) from their portfolio in Q4 2025, for an estimated $304,260,442
• KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC removed 1,032,637 shares (-99.5%) from their portfolio in Q4 2025, for an estimated $299,660,931
• UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 985,356 shares (-87.7%) from their portfolio in Q4 2025, for an estimated $285,940,457
• MITSUBISHI UFJ ASSET MANAGEMENT CO., LTD. removed 797,614 shares (-93.2%) from their portfolio in Q4 2025, for an estimated $231,459,606
• AQR CAPITAL MANAGEMENT LLC added 689,891 shares (+4547.4%) to their portfolio in Q4 2025, for an estimated $200,199,469

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

$FDS Government Contracts

We have seen $1,166,615 of award payments to $FDS over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

• GLOBAL MARKET PRICING DATA SUBSCRIPTION.: $490,000
• ACCESS TO OWNERSHIP DATABASE, SHARKREPELLENT DATABASE, AND ETF DATA FEED: $147,705
• FACTSET CORPORATE BOND INDENTIFIERS LICENSE CUSIP: $76,388
• SOFTWARE LICENSES: $74,375
• CUSIP RENEWAL: $70,200

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

$FDS Congressional Stock Trading

Members of Congress have traded $FDS stock 5 times in the past 6 months. Of those trades, 2 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $FDS stock by members of Congress over the last 6 months:

• SENATOR SHELLEY MOORE CAPITO has traded it 3 times. They made 0 purchases and 3 sales worth up to $45,000 on 03/31, 03/26, 03/25.
• REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 2 times. They made 2 purchases worth up to $30,000 on 03/13, 11/18 and 0 sales.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API.

$FDS Analyst Ratings

Wall Street analysts have issued reports on $FDS in the last several months. We have seen 0 firms issue buy ratings on the stock, and 1 firms issue sell ratings.

Here are some recent analyst ratings:

• Goldman Sachs issued a "Sell" rating on 12/19/2025

To track analyst ratings and price targets for $FDS, check out Quiver Quantitative's $FDS forecast page.

$FDS Price Targets

Multiple analysts have issued price targets for $FDS recently. We have seen 9 analysts offer price targets for $FDS in the last 6 months, with a median target of $295.0.

Here are some recent targets:

• Jason Haas from Wells Fargo set a target price of $200.0 on 04/01/2026
• Alex Kramm from UBS set a target price of $380.0 on 04/01/2026
• George Tong from Goldman Sachs set a target price of $217.0 on 04/01/2026
• Ashish Sabadra from RBC Capital set a target price of $243.0 on 03/18/2026
• Manav Patnaik from Barclays set a target price of $210.0 on 02/23/2026
• David Motemeden from Evercore ISI Group set a target price of $321.0 on 01/08/2026
• Jeffrey Silber from BMO Capital set a target price of $305.0 on 12/22/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.