Cognizant Technology Solutions Corp’s recently made public that its Director Mackay Leo S. Jr. unloaded Company’s shares for reported $0.14 million on Feb 11 ’25. In the deal valued at $87.41 per share,1,600 shares were sold. As a result of this transaction, Mackay Leo S. Jr. now holds 29,376 shares worth roughly $ 2.61 million.
Then, Mackay Leo S. Jr. bought 1,600 shares, generating $139,856 in total proceeds.
Before that, Dalal Jatin P sold 4,900 shares. Cognizant Technology Solutions Corp shares valued at $397,854 were divested by the Chief Financial Officer at a price of $81.19 per share. As a result of the transaction, Dalal Jatin P now holds 12,756 shares, worth roughly $1.13 million.
Barclays upgraded its Cognizant Technology Solutions Corp [CTSH] rating to an Overweight from a an Equal weight in a research note published on December 17, 2024; the price target was increased to $95 from $80. BofA Securities also remained covering CTSH and has increased its forecast on August 07, 2024 with a “Neutral” recommendation from previously “an Underperform” rating. Goldman started covering the stock on June 24, 2024. It rated CTSH as “a Neutral”.
Price Performance Review of CTSH
On Tuesday, Cognizant Technology Solutions Corp [NASDAQ:CTSH] saw its stock fall -2.13% to $88.77. Over the last five days, the stock has gained 2.08%. Cognizant Technology Solutions Corp shares have risen nearly 15.44% since the year began. Nevertheless, the stocks have risen 15.68% over the past one year. While a 52-week high of $90.82 was reached on 02/14/25, a 52-week low of $63.79 was recorded on 01/13/25. SMA at 50 days reached $80.77, while 200 days put it at $75.26.
Levels Of Support And Resistance For CTSH Stock
The 24-hour chart illustrates a support level at 87.87, which if violated will result in even more drops to 86.98. On the upside, there is a resistance level at 89.83. A further resistance level may holdings at 90.90. The Relative Strength Index (RSI) on the 14-day chart is 71.11, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.84, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 20.40%. Stochastics %K at 92.46% indicates the stock is a selling.
