Computer Sciences Corp (CSC) Files Form 4 Insider Selling : John M Lawrie Sells 5,200 Shares

Computer Sciences Corp (CSC): John M Lawrie , Chairman, President and CEO of Computer Sciences Corp sold 5,200 shares on Jun 1, 2016. The Insider selling transaction was reported by the company on Jun 3, 2016 to the Securities and Exchange Commission. The shares were sold at $48.97 per share for a total value of $254,642.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 4, 2016, John M Lawrie (Chairman, President and CEO) sold 8,010 shares at $33.33 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.

Computer Sciences Corporation: On Friday, Jun 3, 2016 heightened volatility was witnessed in Computer Sciences Corporation which led to swings in the share price. The shares opened for trading at $50.08 and hit $50.87 on the upside , eventually ending the session at $50.86, with a gain of 0.85% or 0.43 points. The heightened volatility saw the trading volume jump to 20,03,885 shares. The 52-week high of the share price is $51.1 and the company has a market cap of $7,022 M . The 52-week low of the share price is at $24.27.

Computer Sciences Corporation Money Flow Index Chart

On May 17, 2016, Computer Sciences Corporation announced a cash dividend of $0.1400. The company’s management has announced Jun 10, 2016 as the ex-dividend date and fixed the record date on Jun 14, 2016. The payable date has been fixed on Jul 11, 2016.

Company has been under the radar of several Street Analysts.Computer Sciences Corporation is Downgraded by Raymond James to Mkt Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on May 25, 2016.Computer Sciences Corporation is Upgraded by Barclays to Overweight and the brokerage firm has raised the Price Target to $ 54 from a previous price target of $35 .Earlier the firm had a rating of Equal Weight on the company shares. The Rating was issued on May 25, 2016.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 (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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