Ca, Inc. (CA): Lauren Patricia Flaherty , EVP, Chief Marketing Officer of Ca, Inc. sold 182,550 shares on Jun 9, 2016. The Insider selling transaction was reported by the company on Jun 13, 2016 to the Securities and Exchange Commission. The shares were sold at $32.76 per share for a total value of $5,980,338.00 , 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 6, 2016, Adam Elster (EVP & GRP EXEC, WW SALES & SER) sold 125,513 shares at $32.45 per share price.On Jun 1, 2016, Jacob Lamm (EVP, STRATEGY & CORPORATE DEV) sold 98,401 shares at $32.04 per share price.Also, On Jun 1, 2016, Martin Haefner (10% owner) sold 23,200 shares at $37.02 per share price.On Aug 24, 2015, Richard J Beckert (EVP & CFO) sold 70,402 shares at $28.34 per share price.
CA: On Friday, Jun 10, 2016 heightened volatility was witnessed in CA which led to swings in the share price. The shares opened for trading at $32.61 and hit $33.04 on the upside , eventually ending the session at $32.99, with a gain of 0.18% or 0.06 points. The heightened volatility saw the trading volume jump to 26,02,439 shares. The 52-week high of the share price is $33.12 and the company has a market cap of $13,749 M . The 52-week low of the share price is at $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 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.