CDK Global Ownership
| CDKDelisted Stock | USD 54.76 0.00 0.00% |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
CDK |
CDK Stock Ownership Analysis
About 96.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 1.87. CDK Global Holdings recorded earning per share (EPS) of 8.57. The entity last dividend was issued on the 28th of February 2022. CDK Global, Inc., together with its subsidiaries, provides integrated data and technology solutions to the automotive, heavy truck, recreation, and heavy equipment industries in the United States and internationally. CDK Global, Inc. was incorporated in 2014 and is headquartered in Hoffman Estates, Illinois. CDK Global operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 6500 people. For more info on CDK Global Holdings please contact Brian Krzanich at 847 397-1700 or go to www.cdkglobal.com.CDK Global Holdings Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific CDK Global insiders, such as employees or executives, is commonly permitted as long as it does not rely on CDK Global's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases CDK Global insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Joseph Tautges over a year ago Acquisition by Joseph Tautges of 14322 shares of CDK Global subject to Rule 16b-3 |
CDK Global Outstanding Bonds
CDK Global issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. CDK Global Holdings uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most CDK bonds can be classified according to their maturity, which is the date when CDK Global Holdings has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| CDK GLOBAL INC Corp BondUS12508EAF88 | View | |
| CDK Global 45 Corp BondUS12508EAD31 | View |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CDK Global in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CDK Global's short interest history, or implied volatility extrapolated from CDK Global options trading.
Pair Trading with CDK Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CDK Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CDK Global will appreciate offsetting losses from the drop in the long position's value.Moving against CDK Stock
| 0.74 | INTU | Intuit Inc Financial Report 28th of May 2024 | PairCorr |
| 0.49 | DASTY | Dassault Systemes | PairCorr |
| 0.45 | CRM | Salesforce Financial Report 29th of May 2024 | PairCorr |
The ability to find closely correlated positions to CDK Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CDK Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CDK Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CDK Global Holdings to buy it.
The correlation of CDK Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CDK Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CDK Global Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CDK Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the CDK Global Holdings information on this page should be used as a complementary analysis to other CDK Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in CDK Stock
If you are still planning to invest in CDK Global Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CDK Global's history and understand the potential risks before investing.
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