CDW

CDW Corporation
NasdaqGSUSDEQUITY Technology DELAYED
Last price
137.89
▲ 3.97 (2.96%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
133.92
Prev close
133.92
Day high
136.03
Day low
132.91
Volume
713.39K
Market cap
$16.96B
P/E (TTM)
16.09
52W range
97.12 – 161.10

Day trading desk

Current session · delayed
Gap from prior close
+0.00%
Prior close 133.92
VWAP
135.51
+1.76% from price
Relative volume
0.61×
Normal
Session range
3.75%
132.91 – 137.89
Position in range
100%
Near session high
ATR (14D)
5.16
3.74% of price
Prior day high
137.37
PDH
Prior day low
132.40
PDL
Bid / ask spread
—
Quote not published
Session volume
1.08M
Avg 1.77M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+4.59% +2.6%
1M
-10.97% -12.1%
3M
-1.49% -6.0%
6M
+9.69% -8.5%
YTD
-0.39% -14.6%
1Y
-14.82% -31.2%
3Y
-32.76% -115.0%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on CDW open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
+63.51K
Net buying
Buy transactions
41
90.20K shares
Sell transactions
1
26.70K shares
Net transactions
+42
Buys less sells
Sell : buy shares
0.3 : 1
Mixed
Insider-held shares
570.08K
Total on file
Bought 90.20KSold 26.70K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Sep 10, 26
MIRALLES ALBERT JOSEPH JR
Officer
STOCK 299 $42.68K Direct
Sep 10, 26
CLARIZIO LYNDA M
Director
STOCK 7 $1.02K Direct
Sep 10, 26
ADDICOTT VIRGINIA CLAIRE
Director
STOCK 82 $11.71K Direct
Sep 10, 26
KULEVICH FREDERICK J.
Officer
STOCK 184 $26.33K Direct
Sep 10, 26
BELL JAMES A
Director
STOCK 95 $13.65K Direct
Sep 10, 26
SWEDISH JOSEPH R
Director
STOCK 29 $4.15K Direct
Sep 10, 26
NELMS DAVID W
Director
STOCK 147 $21.05K Direct
Sep 10, 26
LEAHY CHRISTINE A
Chief Executive Officer
STOCK 825 $117.69K Direct
Sep 10, 26
JONES MARC ELLIS
Director
STOCK 19 $2.84K Direct
Sep 10, 26
CONNELLY ELIZABETH H
Officer
STOCK 237 $33.92K Direct
Sep 10, 26
FOXX ANTHONY R
Director
STOCK 29 $4.24K Direct
Sep 10, 26
LOCY PETER R
Officer
STOCK 29 $4.20K Direct
Sep 10, 26
GRIER KELLY J.
Director
STOCK 7 $1.02K Direct
Sep 10, 26
SANDERSON KATHERINE ELIZABETH
Officer
STOCK 243 $34.66K Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
BELL JAMES A
Director 26.45K Stock Award(Grant)
CHAWLA SONA
Officer 28.15K Stock Award(Grant)
CONNELLY ELIZABETH H
Officer 34.45K Stock Award(Grant)
KULEVICH FREDERICK J.
Officer 44.82K Stock Award(Grant)
LEAHY CHRISTINE A
Chief Executive Officer 211.73K Stock Award(Grant)
MIRALLES ALBERT JOSEPH JR
Officer 47.64K Stock Award(Grant)
NELMS DAVID W
Director 51.56K Stock Award(Grant)
SANDERSON KATHERINE ELIZABETH
Officer 24.74K Stock Award(Grant)
TAN HANG
Officer 34.18K Stock Award(Grant)
ZARCONE DONNA F
Director 22.96K Stock Award(Grant)

Fundamentals

TTM · reported
Market cap$16.96B
Enterprise value$23.03B
Revenue (TTM)$23.50B
Gross profit$5.02B
EBITDA$2.01B
Net income$1.08B
EPS (TTM)$8.43
Free cash flow$676.79M
Total cash$361.80M
Total debt$6.43B
Book value / share$19.49
Shares outstanding125.02M
Float124.55M
Short % of float8.80%
Dividend yield1.88%
Beta (5Y)0.94

Valuation & profitability ratios

Account required
Trailing P/E16.09
Forward P/E11.29
PEG ratio1.33
Price / sales—
Price / book6.96
EV / revenue0.98
EV / EBITDA11.45
Gross margin21.36%
Operating margin7.34%
Profit margin4.60%
Return on equity44.01%
Return on assets6.59%
Debt / equity263.28
Current ratio1.17
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 4 years · 5 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $22.42B$21.00B$21.38B$23.75B +6.8%
Operating revenue $22.31B$20.89B$21.26B$23.62B +6.8%
Cost of revenue $17.55B$16.40B$16.72B$19.06B +7.0%
Gross profit $4.87B$4.60B$4.65B$4.69B +5.9%
Selling, general & admin $3.22B$2.95B$2.97B$2.95B +9.0%
Total operating expense $3.22B$2.95B$2.97B$2.95B +9.0%
Operating income $1.66B$1.65B$1.68B$1.74B +0.3%
Net interest income -$227.40M-$214.50M-$226.60M-$235.70M -6.0%
Pre-tax income $1.43B$1.44B$1.45B$1.49B -0.6%
Tax provision $360.80M$357.60M$345.90M$373.30M +0.9%
Net income $1.07B$1.08B$1.10B$1.11B -1.0%
Net income to common $1.07B$1.08B$1.10B$1.11B -1.0%
Basic EPS 8.138.068.208.24 +0.9%
Diluted EPS 8.087.978.108.13 +1.4%
EBIT $1.65B$1.65B$1.68B$1.72B +0.3%
EBITDA $1.95B$1.93B$1.95B$2.01B +1.3%
Basic shares 131.30M133.80M134.60M135.20M -1.9%
Diluted shares 132.10M135.20M136.30M137.00M -2.3%

Options analytics

Account required
Put / call volume
0.91
Call-heavy session
Put / call open interest
0.56
Positioning, not flow
Max pain
95.00
-30.0% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
66
Contracts, this expiry
Put volume
60
Contracts, this expiry
Heaviest call OI
110.00
3 contracts
Heaviest put OI
90.00
2 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 2.802.91 +4.0%
Mar 2026 2.292.28 -0.3%
Dec 2025 2.442.57 +5.1%
Sep 2025 2.622.71 +3.4%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 2.96 10 $6.17B +7.5%
Next quarter 2.82 10 $5.82B +5.6%
Current year 10.96 10 $24.24B +8.1%
Next year 12.02 10 $25.13B +3.7%

Analyst targets & ownership

Account required
Mean target$158.67
High target$171.00
Low target$148.00
Implied upside15.07%
Analyst count9
ConsensusNONE
Strong buy / Buy2 / 5
Hold3
Sell / Strong sell0 / 0
Held by insiders0.46%
Held by institutions113.14%
Institutions holding1.09K
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
134.80
+2.30% from price
SMA 20
141.57
-4.17% from price
SMA 50
142.37
-4.71% from price
SMA 100
135.52
+1.75% from price
SMA 200
131.53
+3.15% from price
EMA 12
136.72
+0.86% from price
EMA 26
139.79
-1.36% from price
EMA 50
139.98
-1.49% from price
RSI (14)
44.7
Neutral
MACD (12,26,9)
-3.07
Hist -1.11
ATR (14)
5.16
3.81% of price
Realised vol 30D
49.1%
Annualised
Bollinger upper
157.78
20, 2σ
Bollinger lower
125.35
20, 2σ
50 / 200 cross
Golden
142.37 vs 131.53
Trend bias
Above 200
+3.15%

Options chain

Account required
Expiry
Spot 137.89
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
0.80
Less volatile than market
Correlation to SPY
0.23
Largely independent
Realised vol 30D
49.1%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-37.7%
Peak to trough
Max drawdown 5Y
-61.5%
Peak to trough
ATR 14
5.16
3.81% of price
Beta (reported)
0.94
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
9.50M
Prior 8.27M
Change vs prior
+14.8%
Shorts adding
% of float
8.80%
Normal
% of shares out
7.60%
Against total outstanding
Days to cover
5.6
Crowded exit
Float
124.55M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

154 on file
DateFirm ActionFromTo
Sep 21, 26 Barclays MAINTAINED Equal-Weight Equal-Weight
Sep 8, 26 Barclays MAINTAINED Equal-Weight Equal-Weight
Aug 6, 26 Morgan Stanley MAINTAINED Overweight Overweight
Jul 13, 26 Citigroup MAINTAINED Neutral Neutral
Jun 23, 26 Morgan Stanley UPGRADE Equal-Weight Overweight
May 27, 26 JP Morgan UPGRADE Neutral Overweight
May 8, 26 Citigroup MAINTAINED Neutral Neutral
May 7, 26 UBS MAINTAINED Buy Buy
May 7, 26 JP Morgan MAINTAINED Neutral Neutral
May 7, 26 Barclays MAINTAINED Equal-Weight Equal-Weight
May 7, 26 Evercore ISI Group MAINTAINED Outperform Outperform
Feb 5, 26 Citigroup MAINTAINED Neutral Neutral

Dividends & splits

Declared · from the issuer
Forward rate$2.52 / yr
Forward yield1.88%
5-year avg yield1.24%
Payout ratio30.23%
Ex-dividend dateAug 25, 2026
Next pay dateSep 10, 2026
Last split—
Split date—

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.