Computer Sciences Corp (CSC) Files Form 4 Insider Selling : John M Lawrie Sells 711 Shares

Computer Sciences Corp (CSC): John M Lawrie , Chairman, President and CEO of Computer Sciences Corp sold 711 shares on May 3, 2016. The Insider selling transaction was reported by the company on May 4, 2016 to the Securities and Exchange Commission. The shares were sold at $33.04 per share for a total value of $23,491.44 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 22, 2016, John M Lawrie (Chairman, President and CEO) sold 10,400 shares at $33.18 per share price.On Nov 6, 2015, Paul N Saleh (Exec Vice President and CFO) sold 198,109 shares at $68.00 per share price.Also, On Jun 16, 2015, William L Jr Deckelman (Exec VP and General Counsel) sold 16,707 shares at $67.89 per share price.On Jun 16, 2015, David W Zolet (Exec VP & GM NPS) sold 18,755 shares at $68.23 per share price.

Shares of Computer Sciences Corporation (CSC) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -0.35 points or -1.06% at $32.7 with 7,96,102 shares getting traded. Post opening the session at $32.89, the shares hit an intraday low of $32.62 and an intraday high of $32.98 and the price vacillated in this range throughout the day. The company has a market cap of $4,515 M and the number of outstanding shares has been calculated to be 13,80,66,690 shares. The 52-week high of Computer Sciences Corporation is $40.862988 and the 52-week low is $24.27.

Computer Sciences Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.Computer Sciences Corporation is Downgraded by Wells Fargo to Market Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 13, 2016.Computer Sciences Corporation is Resumed by Goldman to Neutral. The Rating was issued on Mar 9, 2016.Computer Sciences Corporation is Downgraded by Citigroup to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Feb 26, 2016.

Computer Sciences Corporation (CSC) is a global provider of information technology (IT) and professional services and solutions. The Company operates through three segments: Global Business Services (GBS) which is a provider of various technology solutions including consulting applications services and software; Global Infrastructure Services (GIS) which provides solutions such as managed and virtual desktop solutions and data center management and North American Public Sector (NPS) which delivers IT mission and operations-related services. Its subsidiary ServiceMesh Inc. (ServiceMesh) is a provider of enterprise cloud management software. ServiceMesh also provides various other services such as tiered services levels different levels of security self-service options governance policy and real time monitoring. CSC’s subsidiary Fruition Partners provides technology-enabled solutions for the service-management sector and provides support for ServiceNow-related software

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