DXC Technology (NYSE:DXC) SVP Sells $36,300.00 in 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 the stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $14.52, for a total transaction of $36,300.00. Following the completion of the transaction, the senior vice president owned 91,105 shares in the company, valued at $1,322,844.60. This represents a 2.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

DXC Technology Stock Down 0.7%

DXC Technology stock traded down $0.10 during mid-day trading on Monday, hitting $13.93. The company had a trading volume of 1,309,856 shares, compared to its average volume of 1,513,174. The stock has a market cap of $2.49 billion, a price-to-earnings ratio of 6.76 and a beta of 1.16. 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 business has a fifty day moving average of $14.14 and a 200 day moving average of $15.25.

DXC Technology (NYSE:DXC - Get Free Report) last posted its quarterly earnings data 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 business had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.06 billion. DXC Technology had a return on equity of 18.59% and a net margin of 2.96%.The company's revenue was down 2.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.74 earnings per share. DXC Technology has set its Q2 2026 guidance at 0.650-0.750 EPS. FY 2026 guidance at 2.850-3.350 EPS. On average, sell-side analysts expect that DXC Technology Company. will post 3.35 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC raised its stake in DXC Technology by 240.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,737 shares of the company's stock valued at $27,000 after purchasing an additional 1,227 shares during the last quarter. Byrne Asset Management LLC acquired a new position in shares of DXC Technology during the 1st quarter valued at about $33,000. Headlands Technologies LLC acquired a new position in shares of DXC Technology during the 2nd quarter valued at about $39,000. Wealthquest Corp purchased a new stake in shares of DXC Technology during the 1st quarter worth about $49,000. Finally, Signaturefd LLC grew its holdings in shares of DXC Technology by 187.3% during the 2nd quarter. Signaturefd LLC now owns 3,054 shares of the company's stock worth $47,000 after purchasing an additional 1,991 shares during the period. Institutional investors and hedge funds own 96.20% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on DXC. Royal Bank Of Canada decreased their price objective on DXC Technology from $18.00 to $16.00 and set a "sector perform" rating for the company in a report on Friday, August 1st. JPMorgan Chase & Co. decreased their price target on DXC Technology from $18.00 to $14.00 and set an "underweight" rating for the company in a report on Wednesday, August 20th. Morgan Stanley decreased their price target on DXC Technology from $16.00 to $15.00 and set an "equal weight" rating for the company in a report on Friday, August 1st. Finally, Wall Street Zen raised DXC Technology from a "hold" rating to a "buy" rating in a report on Sunday, July 20th. Five equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Reduce" and an average target price 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).

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