CA Target of Unusually High Options Trading (CA)

CA, Inc. (NASDAQ:CA) was the recipient of unusually large options trading activity on Thursday. Stock traders purchased 3,051 put options on the stock. This represents an increase of 4,594% compared to the average daily volume of 65 put options.

Shares of 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 firm has a market cap of $14,210.00, a PE ratio of 19.69, a price-to-earnings-growth ratio of 4.56 and a beta of 0.74. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.24 and a current ratio of 1.24.

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

Several equities research analysts recently issued reports on the stock. BidaskClub cut shares of CA from a “hold” rating to a “sell” rating in a research report on Saturday, January 6th. Zacks Investment Research cut shares of CA from a “buy” rating to a “hold” rating in a research report on Tuesday, October 31st. Barclays dropped their price target 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. Finally, Mizuho reiterated a “hold” rating and set a $34.00 price target on shares of CA in a research report on Wednesday, October 25th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $33.70.

In related news, EVP Lauren Patricia Flaherty sold 24,843 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $32.59, for a total transaction of $809,633.37. Following the completion of the sale, the executive vice president now directly owns 82,000 shares in the company, valued at $2,672,380. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.90% of the stock is currently owned by company insiders.

Several institutional investors and hedge funds have recently made changes to their positions in the business. Sii Investments Inc. WI boosted its stake in shares of CA by 1.7% in the second quarter. Sii Investments Inc. WI now owns 8,039 shares of the technology company’s stock valued at $278,000 after purchasing an additional 131 shares during the period. Security National Bank of Sioux City Iowa IA boosted its stake in shares of CA by 0.6% in the second quarter. Security National Bank of Sioux City Iowa IA now owns 26,759 shares of the technology company’s stock valued at $922,000 after purchasing an additional 147 shares during the period. D.A. Davidson & CO. boosted its stake in shares of CA by 4.2% in the second quarter. D.A. Davidson & CO. now owns 4,227 shares of the technology company’s stock valued at $145,000 after purchasing an additional 169 shares during the period. Sentry Investment Management LLC boosted its stake in shares of CA by 1.3% in the second quarter. Sentry Investment Management LLC now owns 19,884 shares of the technology company’s stock valued at $685,000 after purchasing an additional 252 shares during the period. Finally, Security National Bank of SO Dak boosted its stake in shares of CA by 1.9% in the second quarter. Security National Bank of SO Dak now owns 23,012 shares of the technology company’s stock valued at $793,000 after purchasing an additional 420 shares during the period. Institutional investors and hedge funds own 68.77% of the company’s stock.

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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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