Compuware Corp. CFO Sells $32,626 in Stock (CPWR)
Compuware Corp. (NASDAQ:CPWR) CFO Joseph Angileri sold 3,035 shares of the company’s stock on the open market in a transaction dated Wednesday, October 30th. The shares were sold at an average price of $10.75, for a total value of $32,626.25. Following the completion of the transaction, the chief financial officer now directly owns 176,955 shares in the company, valued at approximately $1,902,266. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
A number of analysts have recently weighed in on CPWR shares. Analysts at Evercore Partners initiated coverage on shares of Compuware Corp. in a research note to investors on Thursday. They set an “overweight” rating on the stock. Analysts at TheStreet downgraded shares of Compuware Corp. from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, September 11th. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Compuware Corp. presently has a consensus rating of “Hold” and a consensus target price of $12.17.
Compuware Corp. (NASDAQ:CPWR) traded down 0.56% during mid-day trading on Friday, hitting $10.62. 4,876,163 shares of the company’s stock traded hands. Compuware Corp. has a 1-year low of $7.97 and a 1-year high of $12.74. The stock has a 50-day moving average of $10.90 and a 200-day moving average of $11.05. The company’s market cap is $2.283 billion.
Compuware Corp. (NASDAQ:CPWR) last issued its quarterly earnings data on Thursday, October 24th. The company reported $0.13 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.09 by $0.04. The company had revenue of $228.10 million for the quarter, compared to the consensus estimate of $231.20 million. During the same quarter in the previous year, the company posted $0.05 earnings per share. The company’s revenue for the quarter was up 3.4% on a year-over-year basis. Analysts expect that Compuware Corp. will post $0.49 EPS for the current fiscal year.
Compuware Corporation provides software solutions (NASDAQ:CPWR) models), professional services and application services.
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