Insider Selling: Jacob Lamm Sells 6,577 Shares of CA Stock (CA)
CA (NYSE:CA) EVP Jacob Lamm sold 6,577 shares of CA stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $32.24, for a total transaction of $212,042.48. Following the sale, the executive vice president now directly owns 32,434 shares in the company, valued at approximately $1,045,672. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
CA has been the subject of a number of recent research reports. Analysts at Argus reiterated a “buy” rating on shares of CA in a research note to investors on Monday. They now have a $36.00 price target on the stock, up previously from $34.00. Separately, analysts at Mizuho raised their price target on shares of CA from $28.00 to $30.00 in a research note to investors on Thursday, January 16th. They now have a “neutral” rating on the stock. Finally, analysts at Evercore Partners downgraded shares of CA from an “equal weight” rating to an “underweight” rating in a research note to investors on Monday, January 6th. They now have a $32.00 price target on the stock. Two research analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $32.20.
CA (NYSE:CA) traded up 0.40% during mid-day trading on Thursday, hitting $32.33. 2,395,964 shares of the company’s stock traded hands. CA has a 1-year low of $23.98 and a 1-year high of $36.22. The stock has a 50-day moving average of $33.28 and a 200-day moving average of $31.33. The company has a market cap of $14.476 billion and a P/E ratio of 13.92.
CA (NYSE:CA) last released its earnings data on Wednesday, January 29th. The company reported $0.10 earnings per share for the quarter. On average, analysts predict that CA will post $3.11 earnings per share for the current fiscal year.
CA, Inc (NYSE:CA) is an independent enterprise information technology (IT) management software and solutions company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.