Ca, Inc. (CA): Adam Elster , EVP & GRP EXEC, WW SALES & SER of Ca, Inc. sold 125,513 shares on Jun 3, 2016. The Insider selling transaction was reported by the company on Jun 6, 2016 to the Securities and Exchange Commission. The shares were sold at $32.45 per share for a total value of $4,072,394.75 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 1, 2016, Jacob Lamm (EVP, STRATEGY & CORPORATE DEV) sold 98,401 shares at $32.04 per share price.On Jun 1, 2016, Martin Haefner (10% owner) sold 23,200 shares at $37.02 per share price.Also, On Dec 7, 2015, Adam Elster (EVP & GRP EXEC, WW SALES & SER) sold 11,845 shares at $28.50 per share price.On Aug 24, 2015, Richard J Beckert (EVP & CFO) sold 70,402 shares at $28.34 per share price.
Shares of CA (CA) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.22 points or -0.67% at $32.58 with 24,01,941 shares getting traded. Post opening the session at $32.61, the shares hit an intraday low of $32.255 and an intraday high of $32.65 and the price vacillated in this range throughout the day. The company has a market cap of $13,578 M and the number of outstanding shares has been calculated to be 41,67,72,950 shares. The 52-week high of CA is $32.81 and the 52-week low is $25.1562.
Company has been under the radar of several Street Analysts.CA is Upgraded by Credit Suisse to Neutral and the brokerage firm has raised the Price Target to $ 33 from a previous price target of $22.50 .Earlier the firm had a rating of Underperform on the company shares. The Rating was issued on Apr 21, 2016.CA is Reiterated by Mizuho to Buy and the brokerage firm has raised the Price Target to $ 34 from a previous price target of $29 .The Rating was issued on Apr 11, 2016.CA is Downgraded by Standpoint Research to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 9, 2016.
CA Inc. (CA Technologies) is engaged in providing information technology (IT) management software and solutions. The Company operates through three business segments: Mainframe Solutions Enterprise Solutions and Services. The Mainframe Solutions segment products allow customers and partners transform mainframe management. The Enterprise Solutions segment consists of products including DevOps which allows customers to unite application development and IT operations; Management Cloud which includes the Company’s IT Business Management (ITBM) solutions API Management solutions and Enterprise Mobility Management solutions and Security which consists of identity and access management. The Services segment consists of product implementation consulting customer education and customer training.