The VP & CAO of Xerox Corp (XRX) is Buying Shares


Today, the VP & CAO of Xerox Corp (XRX), Joseph Mancini, bought shares of XRX for $147K.

This recent transaction increases Joseph Mancini’s holding in the company by 5.19% to a total of $2.93 million. Following Joseph Mancini’s last XRX Buy transaction on April 09, 2019, the stock climbed by 2.4%.

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XRX’s market cap is $8.07B and the company has a P/E ratio of 19.25. Currently, Xerox Corp has an average volume of 805.9K.

Starting in October 2018, XRX received 5 Buy ratings in a row.

In the last 30 days, insiders have sold $200K worth of XRX shares and purchased $270.9K worth of XRX shares. The insider sentiment on Xerox Corp has been neutral according to 68 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

Joseph Mancini’s trades have generated a -1.5% 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.

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