CA Inc. (NASDAQ:CA) insider Ayman Sayed sold 18,694 shares of the firm’s stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $32.47, for a total transaction of $606,994.18. Following the completion of the transaction, the insider now owns 120,196 shares of the company’s stock, valued at $3,902,764.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Friday, August 11th, Ayman Sayed sold 12,920 shares of CA stock. The shares were sold at an average price of $32.19, for a total transaction of $415,894.80.
  • On Wednesday, June 21st, Ayman Sayed sold 30,194 shares of CA stock. The shares were sold at an average price of $35.62, for a total transaction of $1,075,510.28.

Shares of CA Inc. (NASDAQ:CA) traded down 0.52% during midday trading on Tuesday, hitting $32.50. 2,695,512 shares of the stock were exchanged. The firm has a market cap of $13.69 billion, a PE ratio of 18.06 and a beta of 0.86. The firm’s 50-day moving average is $33.46 and its 200 day moving average is $32.43. CA Inc. has a 52-week low of $30.01 and a 52-week high of $36.54.

CA (NASDAQ:CA) last posted its earnings results on Wednesday, August 2nd. The technology company reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.06. The firm had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.01 billion. CA had a return on equity of 16.54% and a net margin of 18.59%. The company’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.64 EPS. On average, analysts forecast that CA Inc. will post $2.45 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 12th. Stockholders of record on Thursday, August 24th will be given a dividend of $0.255 per share. The ex-dividend date of this dividend is Tuesday, August 22nd. This represents a $1.02 dividend on an annualized basis and a dividend yield of 3.14%. CA’s dividend payout ratio is currently 56.67%.

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Several equities research analysts have issued reports on the stock. Citigroup Inc. lifted their target price on shares of CA from $34.00 to $36.00 and gave the company a “neutral” rating in a research report on Wednesday, June 28th. BidaskClub lowered shares of CA from a “hold” rating to a “sell” rating in a research report on Saturday, July 1st. Jefferies Group LLC reiterated a “buy” rating and set a $38.00 target price on shares of CA in a research report on Wednesday, June 21st. DA Davidson reiterated a “neutral” rating and set a $12.00 target price on shares of CA in a research report on Friday, May 19th. Finally, Zacks Investment Research lowered shares of CA from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $35.09.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. increased its position in CA by 26.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,148 shares of the technology company’s stock worth $108,000 after buying an additional 654 shares in the last quarter. Parallel Advisors LLC increased 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 worth $106,000 after buying an additional 107 shares in the last quarter. Acrospire Investment Management LLC increased 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 worth $121,000 after buying an additional 2,800 shares in the last quarter. Bessemer Group Inc. increased its stake in shares of CA by 419.6% in the second quarter. Bessemer Group Inc. now owns 3,871 shares of the technology company’s stock worth $134,000 after buying an additional 3,126 shares in the last quarter. Finally, D.A. Davidson & CO. increased its stake in shares of CA by 4.2% in the second quarter. D.A. Davidson & CO. now owns 4,227 shares of the technology company’s stock worth $145,000 after buying an additional 169 shares in the last quarter. Hedge funds and other institutional investors own 71.09% of the company’s stock.

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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