Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of CDW Corporation (NASDAQ:CDW)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of CDW Corporation (NASDAQ:CDW). In a filing disclosed on September 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in CDW stock on August 19th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 8/28/2026.
• Purchased $15,001 – $50,000 in shares of Quanta Services (NYSE:PWR) on 8/27/2026.
• Purchased $15,001 – $50,000 in shares of Eaton (NYSE:ETN) on 8/27/2026.
• Sold $15,001 – $50,000 in shares of NIKE (NYSE:NKE) on 8/27/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 8/26/2026.
• Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/25/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/25/2026.

CDW Stock Up 7.8%

NASDAQ CDW traded up $11.19 during mid-day trading on Friday, reaching $153.79. 1,774,636 shares of the company’s stock traded hands, compared to its average volume of 1,608,839. The company has a current ratio of 1.17, a quick ratio of 1.05 and a debt-to-equity ratio of 1.97. CDW Corporation has a 1-year low of $97.12 and a 1-year high of $169.20. The company has a fifty day simple moving average of $140.96 and a 200-day simple moving average of $130.01. The company has a market cap of $19.23 billion, a price-to-earnings ratio of 18.48, a P/E/G ratio of 1.87 and a beta of 0.95.

CDW (NASDAQ:CDW) last announced its earnings results on Wednesday, August 5th. The information technology services provider reported $2.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.80 by $0.11. The company had revenue of $6.57 billion for the quarter, compared to analyst estimates of $6.21 billion. CDW had a return on equity of 50.61% and a net margin of 4.60%.CDW’s quarterly revenue was up 10.0% on a year-over-year basis. During the same period in the prior year, the company posted $2.60 EPS. As a group, equities research analysts expect that CDW Corporation will post 10.33 EPS for the current year.

CDW Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Tuesday, August 25th were paid a $0.63 dividend. The ex-dividend date was Tuesday, August 25th. This represents a $2.52 annualized dividend and a dividend yield of 1.6%. CDW’s payout ratio is 30.29%.

Institutional Trading of CDW

Several hedge funds have recently made changes to their positions in CDW. Allied Private Wealth LLC bought a new position in CDW during the 2nd quarter worth $28,000. Keating Financial Advisory Services Inc. bought a new stake in CDW in the second quarter valued at $28,000. Community Bank N.A. bought a new stake in CDW in the second quarter valued at $31,000. Hollencrest Capital Management boosted its holdings in shares of CDW by 909.1% during the first quarter. Hollencrest Capital Management now owns 222 shares of the information technology services provider’s stock valued at $27,000 after acquiring an additional 200 shares during the period. Finally, Root Financial Partners LLC boosted its holdings in shares of CDW by 54.7% during the first quarter. Root Financial Partners LLC now owns 263 shares of the information technology services provider’s stock valued at $32,000 after acquiring an additional 93 shares during the period. Institutional investors own 93.15% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on CDW. Citigroup boosted their price objective on CDW from $123.00 to $145.00 and gave the company a “neutral” rating in a report on Monday, July 13th. Royal Bank Of Canada raised CDW to an “outperform” rating and set a $130.00 target price on the stock in a report on Wednesday, May 27th. Weiss Ratings upgraded CDW from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, August 25th. Barclays boosted their price target on CDW from $123.00 to $150.00 and gave the company an “equal weight” rating in a report on Tuesday. Finally, JPMorgan Chase & Co. upgraded CDW from a “neutral” rating to an “overweight” rating and set a $130.00 price objective on the stock in a research note on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, CDW presently has a consensus rating of “Moderate Buy” and an average target price of $150.38.

Insider Activity at CDW

In related news, insider Elizabeth Connelly sold 26,695 shares of CDW stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $137.62, for a total value of $3,673,765.90. Following the sale, the insider directly owned 34,215 shares in the company, valued at $4,708,668.30. This trade represents a 43.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.82% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About CDW

CDW Corporation (NASDAQ: CDW) is a provider of technology products and services for businesses, government agencies, educational institutions and healthcare organizations. The company helps customers design, acquire, configure and manage information technology environments.

Its offerings include computers, servers, networking equipment, software, data storage, cybersecurity products, cloud solutions and collaboration tools. CDW also provides professional, managed and lifecycle services, including solution design, implementation, security support, cloud management and IT asset management.

Founded in 1984, CDW serves customers primarily in the United States, Canada and the United Kingdom through a combination of sales specialists, technology partners and digital commerce platforms.