Richard Beckert (Insider Trades), executive vice president and CFO of CA Inc. (CA), sold 70,402 shares of the company on Aug. 21. The average price per share was $28.49, for a total transaction of $2,005,753. CA Technologies is a worldwide software company with a market cap of 11.68 billion, and a P/S ratio of 2.89.
Beckert made one transaction with CA Inc. since September 2003. CA insider sells decreased from five transactions totaling 145,744 shares of the company in 2012, to three transactions totaling 75,997 shares in 2014. There was an increase in the number and volume of insider sells during 2013. Twenty-five transactions totaling 805,270 shares were made in that year alone, more than doubling the amount for the years 2012 and 2014 combined. The increase in number of CA insider sells corresponds to an increase in month. 
For more information about insider transactions with CA Inc., click here.
The company announced revenue of $977 million for the first fiscal quarter of 2016, which ended on June 30. Revenue decreased 9 percent from $1.069 billion in the first fiscal year of 2015. Ca revenue decreased 1.4% since 2010. Net income also decreased in the same period of time from $217 million, of $0.49 per share in the first quarter of 2014, to $212 million, or $0.48 in the first quarter of 2015. Net income for CA increased 0.06% since 2010. The company announced a regular quarterly cash dividend of $0.25 per share on Aug. 6. CA Technologies also announced the completion of Xceedium, Inc. on Aug. 17. All Xceedium personnel joined CA. On the same day, the company released a statement about its decision to join the Linux Foundation Open Mainframe Project to advance innovation on the mainframe. The project was designed to create a collaborative environment among top industry. CA Inc. has a business predictability rank of 3 out of 5 stars. For more information about business predictability rank, click here.
Paul Tudor Jones (Trades, Portfolio) (Trades, Portfolio) of Tudor Investment Corp. sold out his 9,100 shares of CA Inc. at an average per share price of $31.06 in the second quarter of 2015. Also in the second quarter of 2015, Joel Greenblatt (Trades, Portfolio) (Trades, Portfolio) of Gotham Asset Management, bought 1,972,715 shares of CA, increasing the holding by 583.51%. Greenblatt reduced his stake in the company by 42.57%, selling 250,565 shares for an average price of $31.69 in the previous quarter. For more information about guru trades with CA, click here.
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