DXC Technology (DXC) EVP William L. Deckelman, Jr. Sells 2,886 Shares

DXC Technology (NYSE:DXC) EVP William L. Deckelman, Jr. sold 2,886 shares of the firm’s stock in a transaction on Wednesday, May 16th. The stock was sold at an average price of $100.94, for a total value of $291,312.84. Following the completion of the sale, the executive vice president now directly owns 13,082 shares of the company’s stock, valued at approximately $1,320,497.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of DXC Technology stock opened at $100.23 on Friday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.48. The firm has a market cap of $28.63 billion, a price-to-earnings ratio of 32.33, a PEG ratio of 1.05 and a beta of 0.94. DXC Technology has a 12 month low of $73.51 and a 12 month high of $107.85.

A number of analysts recently commented on the company. ValuEngine raised DXC Technology from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 10th. Berenberg Bank assumed coverage on DXC Technology in a research note on Wednesday, April 18th. They issued a “hold” rating and a $100.00 price target for the company. BMO Capital Markets reaffirmed a “buy” rating on shares of DXC Technology in a research note on Friday, February 23rd. Citigroup raised their price target on DXC Technology to $126.00 and gave the stock a “top pick” rating in a research note on Thursday, April 12th. Finally, JPMorgan Chase raised their price target on DXC Technology to $114.00 and gave the stock an “overweight” rating in a research note on Thursday, April 5th. Five investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $105.72.

A number of institutional investors have recently made changes to their positions in the business. UBS Asset Management Americas Inc. raised its position in shares of DXC Technology by 319,135.0% in the 4th quarter. UBS Asset Management Americas Inc. now owns 2,049,489 shares of the company’s stock worth $194,497,000 after purchasing an additional 2,048,847 shares during the last quarter. Massachusetts Financial Services Co. MA raised its position in shares of DXC Technology by 12.7% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 11,444,641 shares of the company’s stock worth $1,150,530,000 after purchasing an additional 1,292,715 shares during the last quarter. Carillon Tower Advisers Inc. raised its position in shares of DXC Technology by 378.6% in the 1st quarter. Carillon Tower Advisers Inc. now owns 1,261,650 shares of the company’s stock worth $126,754,000 after purchasing an additional 998,057 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of DXC Technology by 11.7% in the 1st quarter. JPMorgan Chase & Co. now owns 6,478,853 shares of the company’s stock worth $651,318,000 after purchasing an additional 680,612 shares during the last quarter. Finally, Millennium Management LLC raised its position in shares of DXC Technology by 76.4% in the 4th quarter. Millennium Management LLC now owns 1,411,526 shares of the company’s stock worth $133,954,000 after purchasing an additional 611,366 shares during the last quarter. 84.92% of the stock is owned by institutional investors and hedge funds.

About DXC Technology

DXC Technology Company, together with its subsidiaries, provides information technology services and solutions primarily in North America, Europe, Asia, and Australia. It operates through three segments: Global Business Services (GBS), Global Infrastructure Services (GIS), and United States Public Sector (USPS).

Insider Buying and Selling by Quarter for DXC Technology (NYSE:DXC)

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