CA, Inc. (NASDAQ:CA) saw some unusual options trading on Thursday. Stock traders acquired 3,051 put options on the stock. This is an increase of approximately 4,594% compared to the typical daily volume of 65 put options.
Several brokerages recently issued reports on CA. BidaskClub lowered CA from a “sell” rating to a “strong sell” rating in a research report on Thursday, November 9th. Zacks Investment Research lowered CA from a “buy” rating to a “hold” rating in a research report on Tuesday, October 31st. Mizuho reaffirmed a “hold” rating and set a $34.00 target price on shares of CA in a research report on Wednesday, October 25th. Finally, Barclays lowered their target price on CA from $36.00 to $34.00 and set an “equal weight” rating for the company in a research report on Thursday, October 26th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and five have issued a buy rating to the company. CA currently has a consensus rating of “Hold” and an average price target of $33.70.
CA (NASDAQ:CA) opened at $34.07 on Friday. CA has a 12-month low of $30.45 and a 12-month high of $36.54. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 1.24. The firm has a market capitalization of $14,210.00, a PE ratio of 19.69, a PEG ratio of 4.56 and a beta of 0.74.
In related news, EVP Lauren Patricia Flaherty sold 24,843 shares of the firm’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $32.59, for a total transaction of $809,633.37. Following the sale, the executive vice president now owns 82,000 shares of the company’s stock, valued at approximately $2,672,380. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.90% of the company’s stock.
Several hedge funds have recently bought and sold shares of CA. Vanguard Group Inc. raised its position in shares of CA by 22.3% in the 2nd quarter. Vanguard Group Inc. now owns 32,166,860 shares of the technology company’s stock worth $1,108,792,000 after acquiring an additional 5,855,217 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of CA by 12.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 30,244,351 shares of the technology company’s stock worth $1,009,556,000 after acquiring an additional 3,240,645 shares in the last quarter. Skandinaviska Enskilda Banken AB publ raised its position in shares of CA by 541.5% in the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 3,150,132 shares of the technology company’s stock worth $105,151,000 after acquiring an additional 2,659,100 shares in the last quarter. Cornerstone Capital Management Holdings LLC. raised its position in shares of CA by 1,758.9% in the 3rd quarter. Cornerstone Capital Management Holdings LLC. now owns 1,219,309 shares of the technology company’s stock worth $40,699,000 after acquiring an additional 1,153,717 shares in the last quarter. Finally, Assenagon Asset Management S.A. bought a new position in shares of CA in the 3rd quarter worth about $22,192,000. 68.77% of the stock is owned by hedge funds and other institutional investors.
CA, Inc (CA) is engaged in providing software solutions enabling customers to plan, develop, manage and secure applications and enterprise environments across distributed, cloud, mobile and mainframe platforms. The Company operates through three business segments: Mainframe Solutions, Enterprise Solutions and Services.
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