CA Target of Unusually High Options Trading (CA)

CA, Inc. (NASDAQ:CA) was the target of some unusual options trading activity on Thursday. Traders purchased 3,051 put options on the stock. This is an increase of 4,594% compared to the average volume of 65 put options.

CA has been the topic of several recent analyst reports. BidaskClub raised shares of CA from a “strong sell” rating to a “sell” rating in a report on Thursday, September 28th. Mizuho reaffirmed a “hold” rating and set a $34.00 price objective on shares of CA in a report on Wednesday, October 25th. Zacks Investment Research upgraded shares of CA from a “hold” rating to a “buy” rating and set a $37.00 target price for the company in a research report on Monday, October 30th. Finally, Barclays reduced their target price on shares of 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 assigned a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $33.70.

In other CA news, EVP Lauren Patricia Flaherty sold 24,843 shares of the stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $32.59, for a total transaction of $809,633.37. Following the transaction, the executive vice president now directly owns 82,000 shares of the company’s stock, valued at $2,672,380. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 0.90% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in CA. Fieldpoint Private Securities LLC acquired a new stake in CA during the third quarter worth about $101,000. Northwestern Mutual Wealth Management Co. increased its position in CA by 26.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,148 shares of the technology company’s stock worth $108,000 after purchasing an additional 654 shares during the last quarter. D.A. Davidson & CO. increased its position in CA by 4.2% during the second quarter. D.A. Davidson & CO. now owns 4,227 shares of the technology company’s stock worth $145,000 after purchasing an additional 169 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. increased its position in CA by 56.3% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 6,270 shares of the technology company’s stock worth $210,000 after purchasing an additional 2,259 shares during the last quarter. Finally, Sun Life Financial INC increased its position in CA by 3,772.8% during the second quarter. Sun Life Financial INC now owns 6,700 shares of the technology company’s stock worth $231,000 after purchasing an additional 6,527 shares during the last quarter. Hedge funds and other institutional investors own 68.77% of the company’s stock.

Shares of CA (NASDAQ CA) opened at $34.07 on Friday. The company has a market cap of $14,210.00, a PE ratio of 19.69, a PEG ratio of 4.56 and a beta of 0.74. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 1.24. CA has a 12-month low of $30.45 and a 12-month high of $36.54.

CA (NASDAQ:CA) last issued its earnings results on Wednesday, October 25th. The technology company reported $0.62 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.62. The business had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.05 billion. CA had a net margin of 17.83% and a return on equity of 15.74%. The company’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.67 earnings per share. sell-side analysts anticipate that CA will post 2.25 EPS for the current fiscal year.

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CA Company Profile

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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