CA, Inc. (NASDAQ:CA) insider Ayman Sayed sold 30,194 shares of the stock in a transaction dated Wednesday, June 21st. The stock was sold at an average price of $35.62, for a total value of $1,075,510.28. Following the sale, the insider now owns 168,455 shares of the company’s stock, valued at $6,000,367.10. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

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

  • On Tuesday, May 16th, Ayman Sayed sold 674 shares of CA stock. The stock was sold at an average price of $31.70, for a total value of $21,365.80.

Shares of CA, Inc. (NASDAQ:CA) traded down 1.93% during trading on Thursday, reaching $35.11. 7,941,630 shares of the company traded hands. The stock has a market capitalization of $14.67 billion, a P/E ratio of 18.98 and a beta of 0.92. CA, Inc. has a 12-month low of $30.01 and a 12-month high of $35.82. The firm’s 50 day moving average is $31.93 and its 200-day moving average is $32.09.

CA (NASDAQ:CA) last announced its quarterly earnings results on Thursday, May 11th. The technology company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.05. CA had a net margin of 15.51% and a return on equity of 11.04%. The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $996.59 million. During the same quarter in the previous year, the company earned $0.60 earnings per share. CA’s quarterly revenue was up .3% on a year-over-year basis. On average, equities research analysts anticipate that CA, Inc. will post $2.39 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 13th. Investors of record on Thursday, May 25th were given a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a dividend yield of 2.91%. The ex-dividend date was Tuesday, May 23rd. CA’s dividend payout ratio is currently 55.14%.

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Several institutional investors have recently made changes to their positions in CA. BlackRock Inc. boosted its position in shares of CA by 2,711.1% in the first quarter. BlackRock Inc. now owns 20,716,899 shares of the technology company’s stock valued at $657,139,000 after buying an additional 19,979,935 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of CA by 27.8% in the first quarter. Vanguard Group Inc. now owns 26,311,643 shares of the technology company’s stock valued at $834,606,000 after buying an additional 5,729,276 shares in the last quarter. Norges Bank bought a new position in shares of CA during the fourth quarter valued at about $105,650,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new position in shares of CA during the fourth quarter valued at about $45,335,000. Finally, Macquarie Group Ltd. boosted its position in shares of CA by 4.6% in the fourth quarter. Macquarie Group Ltd. now owns 23,245,474 shares of the technology company’s stock valued at $738,510,000 after buying an additional 1,029,064 shares in the last quarter. Institutional investors own 71.69% of the company’s stock.

A number of analysts have weighed in on CA shares. Jefferies Group LLC reiterated a “buy” rating and set a $38.00 price target on shares of CA in a report on Thursday, June 1st. DA Davidson reiterated a “neutral” rating and set a $12.00 price target on shares of CA in a report on Friday, May 19th. FIG Partners upgraded CA to an “outperform” rating and increased their price target for the stock from $40.00 to $42.25 in a report on Wednesday, May 3rd. Oppenheimer Holdings, Inc. reiterated a “market perform” rating on shares of CA in a report on Friday, May 12th. Finally, Zacks Investment Research downgraded CA from a “hold” rating to a “sell” rating in a report on Tuesday, May 16th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company. CA presently has an average rating of “Hold” and an average target price of $35.25.

About CA

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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