Stock Traders Buy Large Volume of Call Options on CA (CA)

CA, Inc. (NASDAQ:CA) was the recipient of unusually large options trading activity on Thursday. Traders acquired 5,343 call options on the company. This represents an increase of 1,274% compared to the typical daily volume of 389 call options.

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

Institutional investors have recently added to or reduced their stakes in the business. Fieldpoint Private Securities LLC purchased a new stake in CA in the 3rd quarter valued at about $101,000. Northwestern Mutual Wealth Management Co. boosted its position in CA by 26.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,148 shares of the technology company’s stock valued at $108,000 after buying an additional 654 shares during the period. D.A. Davidson & CO. boosted its position in CA by 4.2% in the 2nd quarter. D.A. Davidson & CO. now owns 4,227 shares of the technology company’s stock valued at $145,000 after buying an additional 169 shares during the period. Ladenburg Thalmann Financial Services Inc. boosted its position in CA by 56.3% in the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 6,270 shares of the technology company’s stock valued at $210,000 after buying an additional 2,259 shares during the period. Finally, Sun Life Financial INC boosted its position in CA by 3,772.8% in the 2nd quarter. Sun Life Financial INC now owns 6,700 shares of the technology company’s stock valued at $231,000 after buying an additional 6,527 shares during the period. 68.77% of the stock is owned by institutional investors.

Shares of CA (CA) opened at $34.07 on Friday. The stock 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 current ratio of 1.24 and a quick ratio of 1.24. CA has a 52-week low of $30.45 and a 52-week high of $36.54.

CA (NASDAQ:CA) last released its quarterly earnings data on Wednesday, October 25th. The technology company reported $0.62 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.62. The company 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 firm’s quarterly revenue was up 1.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.67 EPS. equities research analysts anticipate that CA will post 2.25 earnings per share for the current year.

A number of equities analysts recently commented on CA shares. BidaskClub raised shares of CA from a “strong sell” rating to a “sell” rating in a research note on Thursday, September 28th. 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 note on Thursday, October 26th. Zacks Investment Research raised shares of CA from a “hold” rating to a “buy” rating and set a $37.00 price target for the company in a research note on Monday, October 30th. Finally, Mizuho reaffirmed a “hold” rating and set a $34.00 price target on shares of CA in a research note on Wednesday, October 25th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the stock. CA currently has a consensus rating of “Hold” and an average price target of $33.70.

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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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