CA Inc. (CA) Shares Bought by Koch Industries Inc.

Koch Industries Inc. increased its stake in shares of CA Inc. (NASDAQ:CA) by 2,222.6% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 361,439 shares of the technology company’s stock after purchasing an additional 345,877 shares during the period. Koch Industries Inc. owned approximately 0.09% of CA worth $351,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of CA. Parallel Advisors LLC boosted its position in shares of CA by 3.4% during the 1st quarter. Parallel Advisors LLC now owns 3,245 shares of the technology company’s stock worth $106,000 after purchasing an additional 107 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of CA by 26.2% during the 2nd 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 period. Bessemer Group Inc. boosted its position in shares of CA by 419.6% during the 2nd quarter. Bessemer Group Inc. now owns 3,871 shares of the technology company’s stock worth $134,000 after purchasing an additional 3,126 shares during the period. D.A. Davidson & CO. boosted its position in shares of CA by 4.2% during the 2nd 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 period. Finally, CENTRAL TRUST Co boosted its position in shares of CA by 7.4% during the 2nd quarter. CENTRAL TRUST Co now owns 4,609 shares of the technology company’s stock worth $159,000 after purchasing an additional 319 shares during the period. 67.49% of the stock is owned by hedge funds and other institutional investors.

In other CA news, insider Adam Elster sold 166,621 shares of the business’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $32.26, for a total transaction of $5,375,193.46. Following the completion of the sale, the insider now directly owns 251,356 shares in the company, valued at $8,108,744.56. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Ayman Sayed sold 12,920 shares of the business’s stock in a transaction that occurred on Friday, August 11th. The stock was sold at an average price of $32.19, for a total transaction of $415,894.80. Following the sale, the insider now owns 114,422 shares of the company’s stock, valued at $3,683,244.18. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 286,056 shares of company stock valued at $9,330,507. 0.90% of the stock is owned by insiders.

CA has been the subject of a number of research analyst reports. Citigroup Inc. increased their price objective on shares of CA from $34.00 to $36.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 28th. BidaskClub cut shares of CA from a “hold” rating to a “sell” rating in a research report on Saturday, July 1st. Jefferies Group LLC reaffirmed a “buy” rating and set a $38.00 price objective on shares of CA in a research report on Wednesday, June 21st. Royal Bank Of Canada reaffirmed a “hold” rating and set a $32.00 price objective on shares of CA in a research report on Monday, August 21st. Finally, Zacks Investment Research cut shares of CA from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $34.88.

Shares of CA Inc. (CA) remained flat at $33.71 during trading on Tuesday. 72,801 shares of the company were exchanged. The firm has a market cap of $14.20 billion, a P/E ratio of 18.73 and a beta of 0.83. CA Inc. has a one year low of $30.01 and a one year high of $36.54. The stock’s 50-day moving average is $33.25 and its 200-day moving average is $32.77.

CA (NASDAQ:CA) last released its quarterly earnings data on Wednesday, August 2nd. The technology company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.06. CA had a net margin of 18.59% and a return on equity of 16.54%. The company had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same period in the previous year, the firm earned $0.64 earnings per share. CA’s revenue for the quarter was up 2.6% on a year-over-year basis. On average, analysts expect that CA Inc. will post $2.46 EPS for the current fiscal year.

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CA 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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Institutional Ownership by Quarter for CA (NASDAQ:CA)

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