In a filing, Cognizant Technology Solutions Corp revealed its CLO, CAO & Corporate Secretary Kim John Sunshin unloaded Company’s shares for reported $0.42 million on Mar 03 ’25. In the deal valued at $83.60 per share,5,000 shares were sold. As a result of this transaction, Kim John Sunshin now holds 35,182 shares worth roughly $2.9 million.
Then, JOHN KIM bought 5,000 shares, generating $416,650 in total proceeds.
Before that, Mackay Leo S. Jr. sold 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. As a result of the transaction, Mackay Leo S. Jr. now holds 29,376 shares, worth roughly $2.42 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 -1.82% to $82.47. Over the last five days, the stock has lost -1.52%. Cognizant Technology Solutions Corp shares have risen nearly 7.24% since the year began. Nevertheless, the stocks have risen 6.47% 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 $82.06, while 200 days put it at $76.52.
Levels Of Support And Resistance For CTSH Stock
The 24-hour chart illustrates a support level at 81.65, which if violated will result in even more drops to 80.84. On the upside, there is a resistance level at 83.53. A further resistance level may holdings at 84.59. The Relative Strength Index (RSI) on the 14-day chart is 42.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.91, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.60%. Stochastics %K at 22.54% indicates the stock is a holding.
