CA Inc. (NASDAQ:CA) insider Ayman Sayed sold 12,920 shares of the firm’s stock in a transaction on 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 sale, the insider now directly owns 114,422 shares of the company’s stock, valued at approximately $3,683,244.18. The transaction was disclosed in a document filed with the SEC, which is available through this link.

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.

Shares of CA Inc. (CA) traded up 2.13% during trading on Monday, reaching $32.67. The company had a trading volume of 2,890,400 shares. The firm has a market capitalization of $13.76 billion, a PE ratio of 18.15 and a beta of 0.86. The firm has a 50-day moving average of $33.46 and a 200 day moving average of $32.43. CA Inc. has a 1-year low of $30.01 and a 1-year high of $36.54.

CA (NASDAQ:CA) last released its quarterly earnings data on Wednesday, August 2nd. The technology company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.06. CA had a net margin of 18.59% and a return on equity of 16.54%. The company had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the prior year, the firm posted $0.64 earnings per share. CA’s revenue for the quarter was up 2.6% on a year-over-year basis. Analysts expect that CA Inc. will post $2.45 earnings per share for the current year.

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

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Institutional investors have recently added to or reduced their stakes in the stock. Cornerstone Capital Management Holdings LLC. increased its stake in shares of CA by 21.3% in the second quarter. Cornerstone Capital Management Holdings LLC. now owns 65,592 shares of the technology company’s stock valued at $2,260,000 after buying an additional 11,505 shares during the period. Janus Henderson Group PLC increased its stake in shares of CA by 41.1% in the second quarter. Janus Henderson Group PLC now owns 49,568 shares of the technology company’s stock valued at $1,709,000 after buying an additional 14,439 shares during the period. Shelton Capital Management increased its stake in shares of CA by 6.8% in the second quarter. Shelton Capital Management now owns 170,586 shares of the technology company’s stock valued at $5,880,000 after buying an additional 10,832 shares during the period. Sii Investments Inc. WI increased its stake in shares of CA by 1.7% in the second quarter. Sii Investments Inc. WI now owns 8,039 shares of the technology company’s stock valued at $278,000 after buying an additional 131 shares during the period. Finally, Prudential PLC increased its stake in shares of CA by 20.9% in the second quarter. Prudential PLC now owns 10,400 shares of the technology company’s stock valued at $359,000 after buying an additional 1,800 shares during the period. Institutional investors own 71.09% of the company’s stock.

CA has been the subject of a number of recent analyst reports. Citigroup Inc. raised their price objective on CA from $34.00 to $36.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 28th. BidaskClub cut CA from a “hold” rating to a “sell” rating in a research report on Saturday, July 1st. Jefferies Group LLC reissued a “buy” rating and issued a $38.00 price objective on shares of CA in a research report on Wednesday, June 21st. DA Davidson reissued a “neutral” rating and issued a $12.00 price objective on shares of CA in a research report on Friday, May 19th. Finally, Zacks Investment Research cut CA from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $35.09.

CA Company Profile

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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