CA Inc. (NASDAQ:CA) insider Ayman Sayed sold 12,920 shares of CA stock in a transaction dated Friday, August 11th. The stock was sold at an average price of $32.19, for a total value of $415,894.80. Following the completion of the transaction, the insider now owns 114,422 shares in the company, valued at approximately $3,683,244.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Wednesday, June 21st, Ayman Sayed sold 30,194 shares of CA stock. The stock was sold at an average price of $35.62, for a total value of $1,075,510.28.
  • 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.

CA Inc. (CA) traded up 2.13% on Monday, hitting $32.67. The company’s stock had a trading volume of 2,890,400 shares. The firm has a market cap of $13.76 billion, a price-to-earnings ratio of 18.15 and a beta of 0.86. CA Inc. has a 12 month low of $30.01 and a 12 month high of $36.54. The firm has a 50 day moving average of $33.46 and a 200 day moving average of $32.43.

CA (NASDAQ:CA) last announced its quarterly earnings data on Wednesday, August 2nd. The technology company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.06. CA had a return on equity of 16.54% and a net margin of 18.59%. The company had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter in the prior year, the firm earned $0.64 earnings per share. CA’s revenue was up 2.6% compared to the same quarter last year. Equities research analysts forecast that CA Inc. will post $2.45 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 12th. Investors of record on Thursday, August 24th will be paid a $0.255 dividend. The ex-dividend date is Tuesday, August 22nd. This represents a $1.02 annualized dividend and a yield of 3.12%. CA’s dividend payout ratio (DPR) is currently 56.67%.

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Several research firms have recently commented on CA. Raymond James Financial, Inc. reiterated a “market perform” rating on shares of CA in a report on Thursday, June 22nd. Citigroup Inc. lifted their price objective on CA from $34.00 to $36.00 and gave the stock a “neutral” rating in a report on Wednesday, June 28th. Sanford C. Bernstein reiterated an “underperform” rating and issued a $28.00 price objective on shares of CA in a report on Wednesday, June 28th. Zacks Investment Research downgraded CA from a “buy” rating to a “hold” rating in a report on Monday, July 17th. Finally, BidaskClub downgraded CA from a “hold” rating to a “sell” rating in a report on Saturday, July 1st. Four analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company’s stock. CA currently has a consensus rating of “Hold” and a consensus target price of $35.09.

A number of hedge funds have recently made changes to their positions in CA. Vanguard Group Inc. boosted its stake in shares of CA by 22.3% in the second quarter. Vanguard Group Inc. now owns 32,166,860 shares of the technology company’s stock valued at $1,108,792,000 after buying an additional 5,855,217 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of CA by 11.1% in the second quarter. Bank of New York Mellon Corp now owns 27,003,706 shares of the technology company’s stock valued at $930,816,000 after buying an additional 2,691,791 shares during the period. Macquarie Group Ltd. boosted its stake in shares of CA by 2.1% in the first quarter. Macquarie Group Ltd. now owns 23,725,398 shares of the technology company’s stock valued at $752,570,000 after buying an additional 479,924 shares during the period. BlackRock Inc. boosted its stake in shares of CA by 1.5% in the second quarter. BlackRock Inc. now owns 21,017,338 shares of the technology company’s stock valued at $724,466,000 after buying an additional 300,439 shares during the period. Finally, Bank of America Corp DE boosted its stake in shares of CA by 1.0% in the first quarter. Bank of America Corp DE now owns 15,719,102 shares of the technology company’s stock valued at $498,611,000 after buying an additional 154,092 shares during the period. 71.09% of the stock is currently owned by institutional investors and hedge funds.

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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