Cognizant Technology Solutions Corp’s filing revealed that its Officer JOHN KIM acquired Company’s shares for reported $0.42 million on Mar 03 ’25. In the deal valued at $83.33 per share,5,000 shares were bought.
Then, Mackay Leo S. Jr. sold 1,600 shares, generating $139,856 in total proceeds. Upon selling the shares at $87.41, the Director now owns 29,376 shares.
Before that, Mackay Leo S. Jr. bought 1,600 shares. Cognizant Technology Solutions Corp shares valued at $139,856 were divested by the Director at a price of $87.41 per share.
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 jump 0.28% to $83.74. Over the last five days, the stock has lost -1.30%. Cognizant Technology Solutions Corp shares have risen nearly 8.89% since the year began. Nevertheless, the stocks have risen 5.97% 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 $81.62, while 200 days put it at $76.16.
Levels Of Support And Resistance For CTSH Stock
The 24-hour chart illustrates a support level at 82.75, which if violated will result in even more drops to 81.75. On the upside, there is a resistance level at 84.62. A further resistance level may holdings at 85.49. The Relative Strength Index (RSI) on the 14-day chart is 47.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.62, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.49%. Stochastics %K at 13.99% indicates the stock is a buying.
