Compuware Corp. CFO Sells $69,920 in Stock (CPWR)
Compuware Corp. (NASDAQ:CPWR) CFO Joseph R. Angileri unloaded 6,659 shares of the stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $10.50, for a total value of $69,919.50. Following the completion of the transaction, the chief financial officer now directly owns 176,955 shares in the company, valued at approximately $1,858,028. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Compuware Corp. (NASDAQ:CPWR) traded down 0.39% on Thursday, hitting $10.29. The stock had a trading volume of 603,921 shares. Compuware Corp. has a 52 week low of $9.66 and a 52 week high of $11.72. The stock has a 50-day moving average of $10.3 and a 200-day moving average of $10.59. The company’s market cap is $2.245 billion.
Several analysts have recently commented on the stock. Analysts at TheStreet upgraded shares of Compuware Corp. from a “hold” rating to a “buy” rating in a research note on Thursday. Analysts at Zacks downgraded shares of Compuware Corp. from an “outperform” rating to a “neutral” rating in a research note on Wednesday, March 19th. They now have a $11.00 price target on the stock. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $12.17.
Compuware Corporation provides software solutions (NASDAQ:CPWR) models), professional services and application services.
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