The VP, Controller and Chief Accounting Officer of CDW Corp (NASDAQ: CDW) is Selling Shares

By Carrie Williams

Today, the VP, Controller and Chief Accounting Officer of CDW Corp (NASDAQ: CDW), FAIRFIELD NEIL, sold shares of CDW for $51.98K.

In addition to FAIRFIELD NEIL, 2 other CDW executives reported Sell trades in the last month. Following FAIRFIELD NEIL B’s last CDW Sell transaction on March 09, 2018, the stock climbed by 0.9%.

Based on CDW Corp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $3.84 billion and quarterly net profit of $195 million. In comparison, last year the company earned revenue of $3.49 billion and had a net profit of $103 million. The company has a one-year high of $76.73 and a one-year low of $55.80. CDW’s market cap is $11.52B and the company has a P/E ratio of 22.62.

Based on 5 analyst ratings, the analyst consensus is Strong Buy with an average price target of $82, reflecting a -7.7% downside.

The insider sentiment on CDW Corp has been negative according to 167 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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CDW Corp. engages in the provision of information technology solutions. It operates through the Corporate and Public segments. The Corporate segment comprises of private sector business customers. The Public segment involves government agencies, education, and healthcare institutions. The company was founded in 1984 by Michael P.