Donald J Trump (R) Purchases CDW Corporation Shares

Trump invests between $15,001 and $50,000 in CDW Corporation.

Financial Disclosure Report

United States Congress • Office of Public Records • Washington, DC

Filer Information

Name:
Donald J Trump (R)
Status:
Member
Party:
republican

Filing Information

Filing Type:
Periodic Transaction Report
Filing Year:
2026
Filing Date:
Jul 1, 2026

Schedule B: Transactions

AssetTransactionDateAmount
CDW Corporation ($CDW) Buy May 22, 2026 $15,001 - $50,000

Key Points

  • Donald J Trump bought CDW Corporation shares valued between $15,001 and $50,000, reported on July 1, 2026.
  • CDW Corporation, trading at $140.64 on Wednesday, has a market cap of $17.97 billion and a P/E ratio of 17.13.
  • Morgan Stanley upgraded CDW to a 'buy' with a $170 target on June 23, 2026, amidst other analyst activities.

Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.

On July 1, 2026, it was reported that Donald J Trump, former U.S. President and a Republican, purchased shares of CDW Corporation (NasdaqGS:CDW). The transaction, which occurred on May 22, 2026, was valued between $15,001 and $50,000. This disclosure was made as part of the STOCK Act, which requires public officials to report their trades.

Congressional trading track record

Donald J Trump vs. the S&P 500

YTD return +5.95% hypothetical
All-time return +6.08% S&P 500 +8.05%
vs. S&P 500 -1.97% behind the index

Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.

CDW Corporation Stock Down 4.8%

Shares of CDW Corporation traded near $140.64 on Wednesday. The company, which provides IT solutions, has a market capitalization of about $17.97 billion and a P/E ratio of 17.13. Its stock has seen a 52-week low of $97.12 and a high of $183.91. CDW's 50-day moving average stands at $125.02, with a 200-day moving average of $135.36. The company has a strong presence in the technology sector, specifically in Information Technology Services.

Year to date

$CDW stock price

Daily closing prices, year to date. Not investment advice.

Recent Earnings

CDW Corporation reported revenue of $22.9 billion with a growth rate of 9.2%. The company achieved an EPS of $8.21 and maintained a net margin of 4.7%. Its return on equity was 44.2%. CDW is scheduled to release its next earnings report on August 5, 2026.

Earnings drift grade

Outlook vs expectations on the last report — not price action.

F 29/100

Reported May 6, 2026

  1. Forward outlook

    5 target cuts vs 0 raises.

  2. EPS & revenue

    EPS missed estimates by 1.2%. Revenue beat estimates by 2.7%.

  3. Profit surprise

    EBITDA missed by 32 percent. Operating income missed by 43 percent.

  4. Pre-earnings setup

    Expectations were about average.

  5. Analyst signal

    5 target cuts.

  6. Earnings quality

    Gross margin down 0.6 points. Positive free cash flow.

Earnings Call Summary

CDW had a strong first quarter with net sales up 9 percent and gross profit up 6 percent, beating revenue expectations by about $147 million but missing earnings per share by 15 cents. The quarter was driven by customer urgency to buy hardware infrastructure, especially servers and networking equipment for AI applications, amid memory pricing uncertainty. Commercial customers led growth at 10 percent, and the company is rolling out AI tools to its sales teams to improve efficiency. Management expects the elevated backlog to support second quarter growth and believes margin pressure from heavy hardware mix will ease in the second half as customers balance spending across services and software.

Guidance CDW expects gross profit to grow low to mid-single digits for all of 2026, now raised from mid-single-digit guidance. Full year non-GAAP earnings per share expected to grow at the high end of mid-single digits. For the second quarter, they expect gross profit to grow high single digits from the first quarter and mid-single digits year over year.

Severe negative reset. The report materially damaged the forward outlook and likely forces major downward revisions.

Insider Buying and Selling at CDW Corporation

On June 10, 2026, several insiders made purchases of CDW shares. Lynda Clarizio bought 8 shares, Virginia Addicott acquired 90 shares, and Peter Locy, the Senior Vice President, Controller, and Chief Accounting Officer, purchased 19 shares. Other insiders, including Marc Ellis Jones, Anthony Foxx, and Kelly Grier, also bought shares on the same date. These transactions were not part of any prearranged trading plans.

Analysts Set New Price Targets

On June 23, 2026, Morgan Stanley upgraded CDW Corporation to a 'buy' rating with a price target of $170. Earlier in May, Citigroup maintained a 'hold' rating with a target of $123, while UBS reaffirmed a 'buy' rating with a $147 target. The consensus among analysts is a 'buy' recommendation with an average target price of $145.11, based on nine opinions.

About CDW Corporation

CDW Corporation, headquartered in Vernon Hills, Illinois, is a major provider of information technology solutions in the United States, the United Kingdom, and Canada. Founded in 1984, the company serves various sectors, including business, government, education, and healthcare, through its three segments: Commercial, Government, and Education. Led by CEO Christine A. Leahy, CDW offers a wide range of hardware and software products, alongside integrated IT solutions, advisory services, and managed services. With around 14,800 employees, CDW aims to deliver comprehensive IT solutions to its customers.

Bottom Line

Donald J Trump's recent purchase of CDW Corporation shares highlights the ongoing interest in this technology company from various investors. CDW's solid financial performance and strategic positioning in IT services make it a stock to watch. As always, it's important to note that these trades are disclosed after the fact and may not reflect the current position of the investor.

Get CDW Corporation alerts

New 13F filings, insider trades, and analyst moves on $CDW, sent to your inbox. Free, and you can unsubscribe anytime.

This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.