Xerox Corporation (XRX) - FREE Research Report

Blodgett Lynn who is Executive Vice President at XEROX CORP bought 552,421 shares at $6.93 per share for a total value of $3,094,762.44 on July 1, 2013. Following this transaction, the Executive Vice President owned 820,270 shares meaning that the stake was boosted by 88.98% with the 552,421 share acquisition.

Burns Ursula M who is Chairman and CEO at XEROX CORP bought 2.1 million shares at $5.54 per share for a total value of $11,826,340.68 on July 1, 2013. Following this transaction, the Chairman and CEO owned 5.3 million shares meaning that the stake was boosted by 45.92% with the 2.1 million share acquisition.

De Lima Armando Zagalo who is Executive Vice President at XEROX CORP bought 441,236 shares at $6.93 per share for a total value of $2,569,838.04 on July 1, 2013. Following this transaction, the Executive Vice President owned 1.3 million shares meaning that the stake was boosted by 36.76% with the 441,236 share acquisition.

Firestone James A who is Executive Vice President at XEROX CORP bought 554,390 shares at $6.93 per share for a total value of $3,112,956.00 on July 1, 2013. Following this transaction, the Executive Vice President owned 2.7 million shares meaning that the stake was boosted by 22.48% with the 554,390 share acquisition.

Liu Don H who is Sr Vice Pres, Gen Coun & Sec'y at XEROX CORP bought 187,858 shares at $6.93 per share for a total value of $1,032,468.36 on July 1, 2013. Following this transaction, the Sr Vice Pres, Gen Coun & Sec'y owned 794,541 shares meaning that the stake was boosted by 26.12% with the 187,858 share acquisition.

Maddison Thomas J who is SVP & Chief HR Officer at XEROX CORP bought 81,891 shares at $6.93 per share for a total value of $430,103.52 on July 1, 2013. Following this transaction, the SVP & Chief HR Officer owned 375,339 shares meaning that the stake was boosted by 24.44% with the 81,891 share acquisition.

Mancini Joseph H. who is VP & Chief Accounting Officer at XEROX CORP bought 67,849 shares at $8.09 per share for a total value of $491,272.32 on July 1, 2013. Following this transaction, the VP & Chief Accounting Officer owned 497,710 shares meaning that the stake was boosted by 14.61% with the 67,849 share acquisition.

Varon Leslie F who is Vice President and Controller at XEROX CORP bought 154,043 shares at $6.93 per share for a total value of $820,438.08 on July 1, 2013. Following this transaction, the Vice President and Controller owned 697,327 shares meaning that the stake was boosted by 24.62% with the 154,043 share acquisition.

The shares most recently traded at $9.38, up $0.10, or 1.02% since the insider transactions. Historical insider transactions for Xerox Corporation go as follows:

  • 4-Week # shares sold: 169,071
  • 12-Week # shares sold: 404,071
  • 24-Week # shares sold: 574,071

The average volume for Xerox Corporation has been 9.1 million shares per day over the past 30 days. Xerox Corporation has a market cap of $11.3 billion and is part of the technology sector and computer software & services industry. Shares are up 36.07% year to date as of the close of trading on Wednesday.

Xerox Corporation provides business process and document management services worldwide. The stock currently has a dividend yield of 2.49%. The company has a P/E ratio of 10.0. Currently there are 5 analysts that rate Xerox Corporation a buy, 1 analyst rates it a sell, and 2 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on XRX - FREE

TheStreet Quant Ratings rates Xerox Corporation as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, increase in stock price during the past year, growth in earnings per share, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Xerox Corporation Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

Data for this article provided by Zacks Investment Research
null

If you liked this article you might like

Bullish and Bearish Reversals for the Week

Bullish and Bearish Reversals for the Week

Insider Trading Alert - MDSO, BDN And COBZ Traded By Insiders

Four Hot Stocks That Belong in Your Portfolio

Four ‘Golden Rainbow’ Stocks to Brighten Your Portfolio