CA (NASDAQ:CA) has tumbled 0.85% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 4.47% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 0.34% and the outperformance has advanced to 3.52% for the last 4 weeks period.
CA (NASDAQ:CA): The stock opened at $33.00 on Friday but the bulls could not build on the opening and the stock topped out at $33.00 for the day. The stock traded down to $32.54 during the day, due to lack of any buying support eventually closed down at $32.71 with a loss of -0.82% for the day. The stock had closed at $32.98 on the previous day. The total traded volume was 3,159,980 shares.
The company shares have rallied 6.69% from its 1 Year high price. On Jun 9, 2016, the shares registered one year high at $33.12 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $31.53 and the 200 Day Moving Average price is recorded at $29.61.
On the companys insider trading activities, The officer (EVP, Chief Marketing Officer), of Ca, Inc., Flaherty Lauren Patricia had unloaded 182,550 shares at $32.76 per share in a transaction on June 9, 2016. The total value of transaction was $5,980,338. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Brokerage firm Citigroup maintains its rating on CA (NASDAQ:CA). As per the latest information, the brokerage house raises the price target to $32 per share from a prior target of $28. The shares have been rated Neutral. The rating by the firm was issued on May 12, 2016. Currently the company Insiders own 0.51% of CA shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -39.42% . Institutional Investors own 69.08% of CA shares. During last six month period, the net percent change held by insiders has seen a change of -39.42%.
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 Companys 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.