CDW (NASDAQ:CDW) Stock Acquired Rep. April McClain Delaney

Key Points

• Representative April McClain Delaney purchased between $1,001 and $15,000 in shares of CDW Corporation (NASDAQ:CDW) on July 9th, according to a filing.
• CDW reported earnings of $2.60 per share, exceeding analysts' estimates, with quarterly revenue reaching $5.98 billion, representing a 10.2% year-over-year increase.
• The company has announced a quarterly dividend of $0.625 per share, scheduled to be paid on September 10th, indicating a 1.5% yield.

Representative April McClain Delaney (D-Maryland) recently bought shares of CDW Corporation NASDAQ: CDW. In a filing disclosed on August 05th, the Representative disclosed that they had bought between $1,001 and $15,000 in CDW stock on July 9th.

Representative April McClain Delaney also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Entegris NASDAQ: ENTG on 7/28/2025.
• Purchased $1,001 - $15,000 in shares of Brown & Brown NYSE: BRO on 7/25/2025.
• Purchased $1,001 - $15,000 in shares of Markel Group NYSE: MKL on 7/25/2025.
• Purchased $1,001 - $15,000 in shares of PTC NASDAQ: PTC on 7/11/2025.
• Sold $1,001 - $15,000 in shares of Entegris NASDAQ: ENTG on 7/9/2025.
• Sold $1,001 - $15,000 in shares of IDEXX Laboratories NASDAQ: IDXX on 7/9/2025.
• Purchased $1,001 - $15,000 in shares of Markel Group NYSE: MKL on 7/9/2025.
• Sold $1,001 - $15,000 in shares of STERIS NYSE: STE on 6/26/2025.
• Purchased $1,001 - $15,000 in shares of Paychex NASDAQ: PAYX on 6/26/2025.
• Sold $1,001 - $15,000 in shares of Clean Harbors NYSE: CLH on 6/20/2025.

CDW Stock Performance

NASDAQ:CDW traded up $1.04 during mid-day trading on Friday, hitting $162.92. 1,066,641 shares of the company's stock traded hands, compared to its average volume of 1,080,320. The firm has a 50 day moving average of $176.17 and a two-hundred day moving average of $174.81. CDW Corporation has a 12 month low of $137.31 and a 12 month high of $231.38. The firm has a market capitalization of $21.45 billion, a price-to-earnings ratio of 20.24, a price-to-earnings-growth ratio of 2.74 and a beta of 0.95. The company has a current ratio of 1.35, a quick ratio of 1.20 and a debt-to-equity ratio of 2.28.

CDW (NASDAQ:CDW - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The information technology services provider reported $2.60 EPS for the quarter, beating the consensus estimate of $2.49 by $0.11. The firm had revenue of $5.98 billion during the quarter, compared to analysts' expectations of $5.51 billion. CDW had a return on equity of 53.63% and a net margin of 4.92%. The company's revenue for the quarter was up 10.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.50 EPS. On average, equities analysts forecast that CDW Corporation will post 9.41 earnings per share for the current fiscal year.

CDW Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 10th. Investors of record on Monday, August 25th will be paid a dividend of $0.625 per share. The ex-dividend date is Monday, August 25th. This represents a $2.50 annualized dividend and a yield of 1.5%. CDW's dividend payout ratio is presently 31.06%.

Institutional Investors Weigh In On CDW

A number of hedge funds have recently made changes to their positions in CDW. GW&K Investment Management LLC grew its stake in CDW by 78.9% during the first quarter. GW&K Investment Management LLC now owns 170 shares of the information technology services provider's stock worth $27,000 after buying an additional 75 shares during the last quarter. Orion Capital Management LLC acquired a new position in shares of CDW in the 4th quarter worth approximately $30,000. Bayforest Capital Ltd bought a new stake in CDW during the 1st quarter worth approximately $31,000. Pandora Wealth Inc. bought a new stake in CDW during the 1st quarter worth approximately $32,000. Finally, Stone House Investment Management LLC acquired a new stake in CDW during the 1st quarter valued at $34,000. Institutional investors and hedge funds own 93.15% of the company's stock.

Insider Transactions at CDW

In other news, insider Frederick J. Kulevich sold 28,159 shares of the stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $190.90, for a total transaction of $5,375,553.10. Following the sale, the insider owned 36,077 shares in the company, valued at approximately $6,887,099.30. This represents a 43.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.84% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have commented on CDW. Citigroup upped their price target on CDW from $180.00 to $200.00 and gave the company a "neutral" rating in a report on Friday, July 11th. Barclays cut their price target on CDW from $205.00 to $176.00 and set an "equal weight" rating for the company in a report on Thursday. UBS Group cut their price target on CDW from $210.00 to $200.00 and set a "buy" rating for the company in a report on Thursday. Finally, JPMorgan Chase & Co. upped their price target on CDW from $185.00 to $205.00 and gave the company a "neutral" rating in a report on Thursday, July 17th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $202.00.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland's 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland's 6th Congressional District. She declared candidacy for the 2026 election. April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor's degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

About CDW

CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Corporate, Small Business, and Public. The company offers discrete hardware and software products and services, as well as integrated IT solutions, including on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security.