Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. CDW Corp shares valued at $259,380 were purchased by LEAHY CHRISTINE A on Aug 01 ’24. At $216.15 per share, LEAHY CHRISTINE A acquired 1,200 shares. The insider’s holdings grew to 102,200 shares worth approximately $22.65 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, MIRALLES ALBERT JOSEPH JR purchased 1,050 shares, netting a total of over 227,449 in proceeds. Following the buying of shares at $216.62 each, the insider now holds 16,876 shares.
Before that, Chawla Sona had sold 18,437 shares from its account. In a trade valued at $4,433,120, the insider traded CDW Corp shares for $240.45 each. Upon closing the transaction, the insider’s holdings decreased to 18,437 shares, worth approximately $4.97 million.
As published in a research note from Northcoast on June 07, 2024, CDW Corp [CDW] has been rated up from a Neutral to a Buy. Analysts at Morgan Stanley downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in mid December. As of October 03, 2023, UBS has initiated its “Buy” rating for CDW. Earlier on July 18, 2023, Barclays initiated its rating. Their recommendation was “an Equal weight” for CDW stock.
Analyzing CDW Stock Performance
During the last five days, there has been a surge of approximately 2.70%. Over the course of the year, CDW Corp shares have dropped approximately -2.51%. Shares of the company reached a 52-week high of $263.37 on 04/04/24 and a 52-week low of $205.92 on 08/05/24. A 50-day SMA is recorded $221.97, while a 200-day SMA reached $229.52. Nevertheless, trading volume fell to 0.53 million shares from 0.54 million shares the previous day.
Support And Resistance Levels for CDW Corp (CDW)
According to the 24-hour chart, there is a support level at 220.01, which, if violated, would cause prices to drop to 218.39. In the upper region, resistance lies at 224.54. The next price resistance is at 227.45. RSI (Relative Strength Index) is 52.65 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.64, which suggests the price will increase in the coming days. Percent R is at 26.66%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.