Insider Selling: DXC Technology (NYSE:DXC) SVP Sells 2,500 Shares of Stock

Key Points

• DXC Technology's Senior Vice President, Christopher Anthony Voci, sold 2,500 shares for approximately $36,300, reducing his ownership by 2.67% to 91,105 shares.
• The company's stock price currently stands at $13.93, down 0.7%, with a market cap of $2.49 billion and a price-to-earnings ratio of 6.76.
• Several analysts have downgraded their price targets for DXC Technology, with the average target set at $15.60 and a consensus rating of "Reduce."

DXC Technology Company. (NYSE:DXC - Get Free Report) SVP Christopher Anthony Voci sold 2,500 shares of DXC Technology stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $14.52, for a total transaction of $36,300.00. Following the transaction, the senior vice president owned 91,105 shares in the company, valued at approximately $1,322,844.60. The trade was a 2.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

DXC Technology Stock Down 3.4%

Shares of DXC Technology stock traded down $0.49 during midday trading on Friday, hitting $13.78. The company's stock had a trading volume of 4,246,384 shares, compared to its average volume of 1,531,815. DXC Technology Company. has a 1-year low of $12.24 and a 1-year high of $24.83. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.90. The firm has a market capitalization of $2.47 billion, a P/E ratio of 6.69 and a beta of 1.16. The stock has a 50-day simple moving average of $14.04 and a 200-day simple moving average of $15.18.

DXC Technology (NYSE:DXC - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.04. The company had revenue of $3.16 billion for the quarter, compared to analysts' expectations of $3.06 billion. DXC Technology had a return on equity of 18.59% and a net margin of 2.96%.The business's revenue for the quarter was down 2.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.74 EPS. DXC Technology has set its Q2 2026 guidance at 0.650-0.750 EPS. FY 2026 guidance at 2.850-3.350 EPS. As a group, sell-side analysts expect that DXC Technology Company. will post 3.35 earnings per share for the current year.

Hedge Funds Weigh In On DXC Technology

Institutional investors have recently made changes to their positions in the business. BNP Paribas Financial Markets lifted its holdings in shares of DXC Technology by 83.2% during the fourth quarter. BNP Paribas Financial Markets now owns 23,464 shares of the company's stock worth $469,000 after buying an additional 10,657 shares during the last quarter. Captrust Financial Advisors increased its position in DXC Technology by 27.4% during the fourth quarter. Captrust Financial Advisors now owns 19,911 shares of the company's stock worth $398,000 after acquiring an additional 4,279 shares during the period. Lazard Asset Management LLC raised its stake in DXC Technology by 177.4% during the 4th quarter. Lazard Asset Management LLC now owns 112,384 shares of the company's stock valued at $2,244,000 after purchasing an additional 71,869 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in DXC Technology by 12.8% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 368,900 shares of the company's stock valued at $7,371,000 after purchasing an additional 41,838 shares during the period. Finally, Millennium Management LLC grew its position in DXC Technology by 195.4% in the 4th quarter. Millennium Management LLC now owns 88,556 shares of the company's stock worth $1,769,000 after purchasing an additional 58,576 shares during the last quarter. 96.20% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have commented on DXC shares. Wall Street Zen upgraded DXC Technology from a "hold" rating to a "buy" rating in a research note on Sunday, July 20th. Morgan Stanley dropped their price objective on DXC Technology from $16.00 to $15.00 and set an "equal weight" rating on the stock in a report on Friday, August 1st. JPMorgan Chase & Co. reduced their target price on shares of DXC Technology from $18.00 to $14.00 and set an "underweight" rating for the company in a research note on Wednesday, August 20th. Finally, Royal Bank Of Canada dropped their price target on shares of DXC Technology from $18.00 to $16.00 and set a "sector perform" rating on the stock in a research note on Friday, August 1st. Five research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Reduce" and a consensus price target of $15.60.

DXC Technology Company Profile

DXC Technology Company, together with its subsidiaries, provides information technology services and solutions in the United States, the United Kingdom, rest of Europe, Australia, and internationally. It operates in two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS).