CA Inc. (NASDAQ:CA) insider Ayman Sayed sold 30,194 shares of the business’s stock in a transaction dated Wednesday, June 21st. The shares were sold at an average price of $35.62, for a total value of $1,075,510.28. Following the completion of the sale, the insider now directly owns 168,455 shares of the company’s stock, valued at $6,000,367.10. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Ayman Sayed also recently made the following trade(s):

  • On Tuesday, May 16th, Ayman Sayed sold 674 shares of CA stock. The shares were sold at an average price of $31.70, for a total value of $21,365.80.

CA Inc. (NASDAQ CA) opened at 34.81 on Tuesday. The firm’s 50-day moving average price is $31.93 and its 200 day moving average price is $32.09. The firm has a market cap of $14.54 billion, a PE ratio of 18.82 and a beta of 0.92. CA Inc. has a 52-week low of $30.01 and a 52-week high of $35.27.

CA (NASDAQ:CA) last announced its earnings results on Thursday, May 11th. The technology company reported $0.54 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.49 by $0.05. CA had a return on equity of 17.15% and a net margin of 19.20%. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $996.59 million. During the same quarter in the previous year, the company earned $0.60 earnings per share. The firm’s quarterly revenue was up .3% compared to the same quarter last year. On average, equities analysts anticipate that CA Inc. will post $2.39 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 13th. Investors of record on Thursday, May 25th were issued a dividend of $0.255 per share. The ex-dividend date of this dividend was Tuesday, May 23rd. This represents a $1.02 annualized dividend and a yield of 2.93%. CA’s payout ratio is 55.14%.

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Large investors have recently made changes to their positions in the company. Parallel Advisors LLC boosted its stake in shares of CA by 3.4% in the first quarter. Parallel Advisors LLC now owns 3,245 shares of the technology company’s stock valued at $106,000 after buying an additional 107 shares during the last quarter. Acrospire Investment Management LLC boosted its stake in shares of CA by 280.0% in the first quarter. Acrospire Investment Management LLC now owns 3,800 shares of the technology company’s stock valued at $121,000 after buying an additional 2,800 shares during the last quarter. Tompkins Financial Corp boosted its stake in shares of CA by 294.7% in the first quarter. Tompkins Financial Corp now owns 5,387 shares of the technology company’s stock valued at $165,000 after buying an additional 4,022 shares during the last quarter. Hefty Wealth Partners boosted its stake in shares of CA by 5,080.4% in the first quarter. Hefty Wealth Partners now owns 5,284 shares of the technology company’s stock valued at $167,000 after buying an additional 5,182 shares during the last quarter. Finally, Penserra Capital Management LLC boosted its stake in shares of CA by 9.5% in the first quarter. Penserra Capital Management LLC now owns 5,658 shares of the technology company’s stock valued at $179,000 after buying an additional 492 shares during the last quarter. 71.69% of the stock is currently owned by hedge funds and other institutional investors.

CA has been the subject of several analyst reports. Jefferies Group LLC reaffirmed a “buy” rating and set a $38.00 price objective on shares of CA in a research note on Wednesday, June 21st. Zacks Investment Research raised CA from a “sell” rating to a “hold” rating in a research note on Tuesday, March 28th. Evercore ISI downgraded CA from a “hold” rating to an “underperform” rating in a research note on Friday, March 3rd. FIG Partners raised CA to an “outperform” rating and upped their price objective for the company from $40.00 to $42.25 in a research note on Wednesday, May 3rd. Finally, DA Davidson downgraded CA from a “buy” rating to a “neutral” rating in a research note on Monday, April 10th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $35.25.

CA Company Profile

CA, Inc (CA) is engaged in providing software solutions enabling customers to plan, develop, manage and secure applications and enterprise environments across distributed, cloud, mobile and mainframe platforms. The Company operates through three business segments: Mainframe Solutions, Enterprise Solutions and Services.

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