Today, the EVP of Xerox Corp, Herve Tessler, exercised options of Xerox Corp (NYSE: XRX) for $368.1K. The options were close to expired and Herve Tessler retained stocks.
This recent transaction increases Herve Tessler’s holding in the company by 42.74% to a total of $1.23 million. In addition to Herve Tessler, one other XRX executive reported Buy trades in the last month.
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XRX’s market cap is $6.11B and the company has a P/E ratio of 38.42. Currently, Xerox Corp has an average volume of 2.46M.
17 different firms, including Argus Research and BMO Capital, currently also have a Buy rating on the stock.
The insider sentiment on Xerox Corp has been neutral according to 64 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.
Herve Tessler’s trades have generated a 11.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Xerox Corp. engages in the integration of paper and digital products. It operates through the following segments: Document Technology, Services, and Other. The Document Technology segment focuses on strategic products groups, which share common technology, manufacturing, and product platforms.
