Why CDW Corporation (CDW) Stock Is Up Today

CDW Corporation (CDW) is up 3.3% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is investor optimism following CDW’s recent second-quarter results, which showed stronger sales and earnings than the market expected. Management also lifted its full-year view, suggesting demand in areas like infrastructure, software, cloud, and security remained healthy despite some margin pressure.

Details:

CDW posted second-quarter 2026 net sales of about $6.57 billion, up 10% year over year, while non-GAAP earnings per share rose to $2.91.

The company’s updated outlook called for mid-single-digit gross profit growth in 2026 and non-GAAP EPS growth at the high end of the high-single-digit range.

Recent commentary highlighted especially strong momentum in infrastructure and other higher-demand technology categories, which may have reinforced confidence in business spending trends.

CDW also announced a quarterly cash dividend and disclosed a CFO transition plan, though those items appear secondary to the earnings and outlook story.

Sources:

CDW Investor Relations, SEC, Zacks

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$CDW Insider Trading Activity

$CDW insiders have traded $CDW stock on the open market 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $CDW stock by insiders over the last 6 months:

ELIZABETH H. CONNELLY (See Remarks) sold 26,695 shares for an estimated $3,673,765
DAVID W NELMS purchased 18,000 shares for an estimated $2,005,740

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$CDW Hedge Fund Activity

We have seen 370 institutional investors add shares of $CDW stock to their portfolio, and 504 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

JPMORGAN CHASE & CO added 3,362,101 shares (+inf%) to their portfolio in Q2 2026, for an estimated $472,845,884
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC added 1,750,105 shares (+86.3%) to their portfolio in Q2 2026, for an estimated $246,134,767
PZENA INVESTMENT MANAGEMENT LLC added 1,523,365 shares (+136.6%) to their portfolio in Q2 2026, for an estimated $214,246,053
BOSTON PARTNERS added 1,320,812 shares (+33.6%) to their portfolio in Q2 2026, for an estimated $185,758,999
ALYESKA INVESTMENT GROUP, L.P. added 1,230,517 shares (+197.1%) to their portfolio in Q2 2026, for an estimated $173,059,910
VICTORY CAPITAL MANAGEMENT INC added 1,210,706 shares (+960.7%) to their portfolio in Q2 2026, for an estimated $170,273,691
CITADEL ADVISORS LLC removed 1,132,534 shares (-72.0%) from their portfolio in Q2 2026, for an estimated $159,279,581

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$CDW Government Contracts

We have seen $269,087,086 of award payments to $CDW over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

USDA,OCIO, DISC: SERVICENOW RENEWAL: $13,549,348
JUNIPER NETWORKS MAINTENANCE: $13,034,398
ANNUAL RENEWAL FOR AIT PORTION OF THE ORACLE ELA LICENSES: $10,662,674
BRANT HALL NETWORK: $9,688,352
ESC ORACLE SOFTWARE MAINTENANCE RENEWAL FOR THE DELPHI SYSTEM: $8,725,236

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$CDW Congressional Stock Trading

Members of Congress have traded $CDW stock 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.

Here’s a breakdown of recent trading of $CDW stock by members of Congress over the last 6 months:

REPRESENTATIVE APRIL MCCLAIN DELANEY has traded it 5 times. They made 0 purchases and 5 sales worth up to $75,000 on 05/19, 05/18, 05/15, 05/14, 02/24.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$CDW Price Targets

Multiple analysts have issued price targets for $CDW recently. We have seen 6 analysts offer price targets for $CDW in the last 6 months, with a median target of $138.5.

Here are some recent targets:

Erik Woodring from Morgan Stanley set a target price of $170.0 on 06/23/2026
Samik Chatterjee from JP Morgan set a target price of $130.0 on 05/27/2026
Asiya Merchant from Citigroup set a target price of $123.0 on 05/08/2026
Tim Long from Barclays set a target price of $123.0 on 05/07/2026
Amit Daryanani from Evercore ISI Group set a target price of $160.0 on 05/07/2026
David Vogt from UBS set a target price of $147.0 on 05/07/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.