Computer Sciences Corp. (NYSE:CSC) Chairman John M. Lawrie sold 6,100 shares of Computer Sciences Corp. stock in a transaction dated Friday, November 18th. The stock was sold at an average price of $61.98, for a total value of $378,078.00. Following the completion of the transaction, the chairman now owns 386,329 shares of the company’s stock, valued at $23,944,671.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Shares of Computer Sciences Corp. (NYSE:CSC) opened at 60.60 on Wednesday. Computer Sciences Corp. has a one year low of $24.27 and a one year high of $63.34. The company’s market cap is $8.53 billion. The company’s 50-day moving average price is $55.88 and its 200 day moving average price is $49.48.

Computer Sciences Corp. (NYSE:CSC) last posted its quarterly earnings results on Thursday, November 3rd. The company reported $0.61 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.47 by $0.14. Computer Sciences Corp. had a negative net margin of 1.21% and a positive return on equity of 16.62%. The firm earned $1.87 billion during the quarter, compared to analyst estimates of $1.87 billion. During the same quarter in the prior year, the business posted $1.19 earnings per share. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. Equities analysts forecast that Computer Sciences Corp. will post $2.78 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Computer Sciences Corp. (NYSE:CSC)

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. FineMark National Bank & Trust acquired a new position in Computer Sciences Corp. during the third quarter valued at about $110,000. Creative Planning raised its position in Computer Sciences Corp. by 31.6% in the third quarter. Creative Planning now owns 2,150 shares of the company’s stock valued at $112,000 after buying an additional 516 shares during the period. Checchi Capital Advisers LLC raised its position in Computer Sciences Corp. by 4.0% in the second quarter. Checchi Capital Advisers LLC now owns 2,726 shares of the company’s stock valued at $135,000 after buying an additional 104 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Computer Sciences Corp. by 8.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,108 shares of the company’s stock valued at $204,000 after buying an additional 307 shares during the period. Finally, Laurion Capital Management LP acquired a new position in Computer Sciences Corp. during the second quarter valued at about $204,000. 91.70% of the stock is owned by hedge funds and other institutional investors.

A number of brokerages have commented on CSC. Barclays PLC lifted their target price on Computer Sciences Corp. from $54.00 to $62.00 and gave the company an “overweight” rating in a research note on Tuesday, October 11th. TheStreet downgraded Computer Sciences Corp. from a “buy” rating to a “hold” rating in a research note on Tuesday, August 30th. Cantor Fitzgerald restated a “hold” rating on shares of Computer Sciences Corp. in a research note on Monday, August 8th. Citigroup Inc. upgraded Computer Sciences Corp. from a “neutral” rating to a “buy” rating and set a $61.00 target price for the company in a research note on Thursday, October 13th. Finally, Zacks Investment Research upgraded Computer Sciences Corp. from a “strong sell” rating to a “hold” rating in a research note on Monday, August 29th. Eleven equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $48.93.

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Computer Sciences Corp. Company Profile

Computer Sciences Corporation (CSC) is a global provider of information technology (IT) and professional services and solutions. The Company operates through two segments: Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment provides various technology solutions, including consulting, applications services and software.

5 Day Chart for NYSE:CSC

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