Rep. April McClain Delaney Sells Off Shares of CDW Corporation (NASDAQ:CDW)

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

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

• Purchased $1,001 – $15,000 in shares of Hubbell (NYSE:HUBB) on 5/29/2026.
• Sold $1,001 – $15,000 in shares of Tractor Supply (NASDAQ:TSCO) on 5/28/2026.
• Purchased $1,001 – $15,000 in shares of Martin Marietta Materials (NYSE:MLM) on 5/28/2026.
• Purchased $1,001 – $15,000 in shares of Hubbell (NYSE:HUBB) on 5/28/2026.
• Sold $1,001 – $15,000 in shares of EMCOR Group (NYSE:EME) on 5/28/2026.
• Sold $1,001 – $15,000 in shares of Viking (NYSE:VIK) on 5/28/2026.
• Purchased $1,001 – $15,000 in shares of C.H. Robinson Worldwide (NASDAQ:CHRW) on 5/28/2026.
• Sold $1,001 – $15,000 in shares of Viking (NYSE:VIK) on 5/27/2026.
• Sold $1,001 – $15,000 in shares of Tractor Supply (NASDAQ:TSCO) on 5/27/2026.
• Sold $1,001 – $15,000 in shares of Tractor Supply (NASDAQ:TSCO) on 5/26/2026.

CDW Stock Performance

NASDAQ CDW traded down $1.79 on Tuesday, hitting $133.02. The stock had a trading volume of 502,111 shares, compared to its average volume of 1,857,129. The company’s 50-day moving average is $122.79 and its two-hundred day moving average is $128.89. CDW Corporation has a one year low of $97.12 and a one year high of $183.91. The stock has a market cap of $16.99 billion, a price-to-earnings ratio of 16.22, a P/E/G ratio of 1.78 and a beta of 1.00. The company has a quick ratio of 1.06, a current ratio of 1.16 and a debt-to-equity ratio of 1.81.

CDW (NASDAQ:CDW) last released its quarterly earnings results on Wednesday, May 6th. The information technology services provider reported $2.28 earnings per share for the quarter, meeting analysts’ consensus estimates of $2.28. The company had revenue of $5.68 billion for the quarter, compared to analysts’ expectations of $5.48 billion. CDW had a return on equity of 49.67% and a net margin of 4.70%.The business’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.15 earnings per share. On average, analysts expect that CDW Corporation will post 10.09 earnings per share for the current year.

CDW Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Monday, May 25th will be paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Friday, May 22nd. CDW’s payout ratio is presently 30.66%.

Wall Street Analyst Weigh In

CDW has been the subject of a number of analyst reports. UBS Group reduced their price target on CDW from $162.00 to $147.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. Weiss Ratings cut shares of CDW from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, May 26th. Citigroup reduced their price objective on shares of CDW from $150.00 to $123.00 and set a “neutral” rating for the company in a report on Friday, May 8th. Royal Bank Of Canada raised shares of CDW to an “outperform” rating and set a $130.00 target price on the stock in a research note on Wednesday, May 27th. Finally, Barclays dropped their price target on shares of CDW from $144.00 to $123.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, CDW has an average rating of “Moderate Buy” and an average price target of $140.63.

Institutional Trading of CDW

Several institutional investors have recently modified their holdings of CDW. Jones Financial Companies Lllp raised its holdings in shares of CDW by 316.0% in the 1st quarter. Jones Financial Companies Lllp now owns 4,896 shares of the information technology services provider’s stock worth $785,000 after purchasing an additional 3,719 shares in the last quarter. Empowered Funds LLC grew its position in CDW by 1.2% in the first quarter. Empowered Funds LLC now owns 18,076 shares of the information technology services provider’s stock worth $2,897,000 after buying an additional 216 shares during the last quarter. California State Teachers Retirement System increased its holdings in shares of CDW by 0.6% in the second quarter. California State Teachers Retirement System now owns 225,709 shares of the information technology services provider’s stock valued at $40,309,000 after buying an additional 1,242 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S increased its holdings in shares of CDW by 1,339.7% in the second quarter. BI Asset Management Fondsmaeglerselskab A S now owns 49,380 shares of the information technology services provider’s stock valued at $8,819,000 after buying an additional 45,950 shares in the last quarter. Finally, State of Tennessee Department of Treasury lifted its position in shares of CDW by 17.7% during the 2nd quarter. State of Tennessee Department of Treasury now owns 40,927 shares of the information technology services provider’s stock valued at $7,309,000 after acquiring an additional 6,143 shares during the last quarter. Institutional investors and hedge funds own 93.15% of the company’s stock.

Insider Buying and Selling at CDW

In related news, Director David W. Nelms bought 18,000 shares of the business’s stock in a transaction dated Wednesday, May 27th. The shares were bought at an average cost of $111.43 per share, with a total value of $2,005,740.00. Following the completion of the transaction, the director directly owned 51,025 shares of the company’s stock, valued at approximately $5,685,715.75. This trade represents a 54.50% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.82% of the stock is currently owned by corporate insiders.

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 (NASDAQ: CDW) is a leading provider of information technology products and integrated solutions for business, government, education and healthcare customers. The company sources and resells hardware and software from major technology vendors and packages those products with professional services, managed services and lifecycle support. Its offerings span IT infrastructure, cloud and data center solutions, cybersecurity, networking, unified communications, endpoint devices, and software licensing and procurement services designed to simplify IT operations for customers.

CDW combines a broad product portfolio with consultative sales, implementation and technical support capabilities.