The VP, Controller and Chief Accounting Officer of CDW Corp is Exercising Options


Yesterday it was reported that the VP, Controller and Chief Accounting Officer of CDW Corp (CDW), FAIRFIELD NEIL, exercised options to sell 2,118 CDW shares at $73.49 a share, for a total transaction value of $250.2K.

Following FAIRFIELD NEIL B’s last CDW Sell transaction on March 13, 2018, the stock climbed by 32.7%.

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Based on CDW Corp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $4.63 billion and quarterly net profit of $197 million. In comparison, last year the company earned revenue of $4.19 billion and had a net profit of $173 million. CDW’s market cap is $16.99B and the company has a P/E ratio of 23.40. Currently, CDW Corp has an average volume of 978.3K.

Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $117.60, reflecting a 9.4% upside.

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CDW Corp. engages in the provision of information technology solutions including mobility, security, data center optimization, cloud computing, virtualization and collaboration. It operates through the following segments: Corporate, Small Business, and Public. The Corporate segment serves the private sector business customers.

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