Today, the EVP of Xerox Corp (XRX), Herve Tessler, bought shares of XRX for $149.1K.
This recent transaction increases Herve Tessler’s holding in the company by 10.64% to a total of $1.49 million. Following Herve Tessler’s last XRX Buy transaction on August 06, 2018, the stock climbed by 8.4%.
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Based on Xerox Corp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $2.53 billion and quarterly net profit of $137 million. In comparison, last year the company earned revenue of $2.44 billion and had a net profit of $23 million. XRX’s market cap is $7.75B and the company has a P/E ratio of 23.94. Currently, Xerox Corp has an average volume of 1.59M.
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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.
