Cdw chief commercial officer Connelly sells $3.67m in stock

Chief Commercial Officer Elizabeth Connelly of CDW Corp sold shares valued at approximately $3.67 million on August 7, 2026, as reported by a SEC filing. Following the sale, she acquired shares valued at around $2.59 million. CDW stock was trading at $139.42 at the time of the transactions. InvestingPro analysis indicated that the stock was still considered undervalued based on the company's fair value assessment.

Connelly sold 26,695 shares of CDW stock at an average price of $137.62 per share. The shares were sold in multiple transactions at prices ranging between $137.345 and $137.978. Concurrently, she acquired the same number of shares through the exercise of employee stock options, which were priced between $95.57 and $98.21 per share.

These acquired shares were split into two tranches: 11,795 shares at $95.57 and 14,900 shares at $98.21. The options were vested in thirds on various dates between 2020 and 2023. After these transactions, Connelly directly holds 34,215.46 shares of CDW Corp common stock. For those interested in CDW's valuation and insider activity, the company is among the 1,400+ US equities covered by InvestingPro's Pro Research Reports.

CDW reported strong earnings for its second quarter of 2026, surpassing market expectations with adjusted earnings of $2.91 per share and revenue of $6.57 billion. However, the company faced challenges such as margin pressure and a cautious outlook on the near term.