CDW (NASDAQ:CDW) Shares Bought Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of CDW Corporation (NASDAQ:CDW). In a filing disclosed on September 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in CDW stock on August 19th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 8/28/2026.
• Purchased $15,001 – $50,000 in shares of Quanta Services (NYSE:PWR) on 8/27/2026.
• Purchased $15,001 – $50,000 in shares of Eaton (NYSE:ETN) on 8/27/2026.
• Sold $15,001 – $50,000 in shares of NIKE (NYSE:NKE) on 8/27/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 8/26/2026.
• Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/25/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/25/2026.

CDW Price Performance

Shares of NASDAQ:CDW traded up $11.19 during midday trading on Friday, reaching $153.79. 1,774,636 shares of the company’s stock traded hands, compared to its average volume of 1,608,839. The company has a fifty day simple moving average of $140.96 and a two-hundred day simple moving average of $130.01. CDW Corporation has a 1 year low of $97.12 and a 1 year high of $169.20. The company has a market cap of $19.23 billion, a P/E ratio of 18.48, a PEG ratio of 2.01 and a beta of 0.95. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.05 and a current ratio of 1.17.

CDW (NASDAQ:CDW) last issued its quarterly earnings results on Wednesday, August 5th. The information technology services provider reported $2.91 EPS for the quarter, topping the consensus estimate of $2.80 by $0.11. The company had revenue of $6.57 billion during the quarter, compared to analyst estimates of $6.21 billion. CDW had a net margin of 4.60% and a return on equity of 50.61%. The firm’s revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.60 EPS. Equities analysts predict that CDW Corporation will post 10.33 EPS for the current fiscal year.

CDW Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Tuesday, August 25th were paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, August 25th. CDW’s dividend payout ratio is presently 30.29%.

Analyst Ratings Changes

Several analysts have commented on the stock. Citigroup lifted their target price on shares of CDW from $123.00 to $145.00 and gave the stock a “neutral” rating in a research note on Monday, July 13th. Barclays lifted their price target on shares of CDW from $123.00 to $150.00 and gave the company an “equal weight” rating in a report on Tuesday. Morgan Stanley upped their price objective on CDW from $170.00 to $171.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. Weiss Ratings raised CDW from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, August 25th. Finally, JPMorgan Chase & Co. upgraded CDW from a “neutral” rating to an “overweight” rating and set a $130.00 target price on the stock in a report on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, CDW presently has a consensus rating of “Moderate Buy” and an average target price of $150.38.

Insider Activity

In related news, insider Elizabeth Connelly sold 26,695 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $137.62, for a total value of $3,673,765.90. Following the completion of the sale, the insider directly owned 34,215 shares in the company, valued at approximately $4,708,668.30. This trade represents a 43.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.82% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On CDW

Several institutional investors and hedge funds have recently bought and sold shares of CDW. Sequoia Financial Advisors LLC grew its position in shares of CDW by 33.5% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 3,543 shares of the information technology services provider’s stock valued at $498,000 after purchasing an additional 889 shares during the period. Tidal Investments LLC raised its holdings in CDW by 82.5% during the 2nd quarter. Tidal Investments LLC now owns 46,504 shares of the information technology services provider’s stock worth $6,540,000 after buying an additional 21,019 shares during the period. WINTON GROUP Ltd raised its holdings in CDW by 1,136.8% during the 2nd quarter. WINTON GROUP Ltd now owns 46,502 shares of the information technology services provider’s stock worth $6,540,000 after buying an additional 42,742 shares during the period. Triad Investment Management lifted its stake in CDW by 20.3% in the second quarter. Triad Investment Management now owns 30,540 shares of the information technology services provider’s stock valued at $4,295,000 after buying an additional 5,156 shares in the last quarter. Finally, Cidel Asset Management Inc. acquired a new position in shares of CDW in the second quarter valued at approximately $223,000. Institutional investors own 93.15% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About CDW

CDW Corporation (NASDAQ: CDW) is a provider of technology products and services for businesses, government agencies, educational institutions and healthcare organizations. The company helps customers design, acquire, configure and manage information technology environments.

Its offerings include computers, servers, networking equipment, software, data storage, cybersecurity products, cloud solutions and collaboration tools. CDW also provides professional, managed and lifecycle services, including solution design, implementation, security support, cloud management and IT asset management.

Founded in 1984, CDW serves customers primarily in the United States, Canada and the United Kingdom through a combination of sales specialists, technology partners and digital commerce platforms.