Shares of CDW Corporation (CDW) Sees Large Inflow of Net Money Flow

CDW Corporation (CDW) : Fridays money flow indicated an uptick to downtick ratio was at 1.89. The total value of inflow transactions on upticks was $7.89 million, whereas, the total value of outflow trades on downticks was $4.17 million. The total money flow was $3.72 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $3.53 million. The total value of the trades done on upticks was $3.53 million. CDW Corporation (CDW) was trading with a -0.26% change over previous days close. It fell $0.11 during the day and reached $42.26. The stock was 2.45% compared to the previous weeks close.


CDW Corporation (CDW) stock is expected to deviate a maximum of $2.32 from the average target price of $46.17 for the short term period. 6 Street Experts have initiated coverage on the stock with the most promising target being $50 and the most muted being $43.

CDW Corporation (NASDAQ:CDW): On Fridays trading session , Opening price of the stock was $42.33 with an intraday high of $42.56. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $42.16. However, the stock managed to close at $42.26, a loss of 0.26% for the day. On the previous day, the stock had closed at $42.37. The total traded volume of the day was 848,997 shares.

In a related news, Fairfield Neil B, officer (VICE PRESIDENT & CONTROLLER) of Cdw Corp, unloaded 2,791 shares at an average price of $40.44 on March 9, 2016. The total amount of the transaction was worth $112,868, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

CDW Corporation (CDW) is a provider of integrated information technology (IT) solutions in the United States and Canada. Its offerings include mobility, security, data center optimization, cloud computing, virtualization and collaboration. The Company offers products for Corporate and Public. Corporate offerings are offered for private sector business customers. Public customers include Government agencies and education and healthcare institutions. CDW has three segments, CDW Advanced Services, Canada and Kelway TopCo Limited (Kelway). The Company is a sales channel partner for many original equipment manufacturers (OEMs) and software publishers (collectively, its vendor partners), whose products it sells or include in the solutions CDW offers. The Company helps its customer base of more than 250,000 small, medium and large business, government, education and healthcare customers by delivering solutions to their IT needs.

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