Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Cognizant Technology Solutions Corp shares valued at $253,867 were sold by Patsalos-Fox Michael on Mar 14 ’25. At $78.72 per share, Patsalos-Fox Michael sold 3,225 shares. The insider’s holdings dropped to 6,775 shares worth approximately $0.53 million following the completion of this transaction.
Also, Michael Patsalos-Fox purchased 3,225 shares, netting a total of over 254,614 in proceeds.
Before that, Kim John Sunshin had sold 5,000 shares from its account. In a trade valued at $417,986, the CLO, CAO & Corporate Secretary traded Cognizant Technology Solutions Corp shares for $83.60 each. Upon closing the transaction, the insider’s holdings decreased to 5,000 shares, worth approximately $2.73 million.
As published in a research note from Barclays on December 17, 2024, Cognizant Technology Solutions Corp [CTSH] has been rated up from an Equal weight to an Overweight and the price target has been revised to $95 from $80. As of August 07, 2024, BofA Securities has increased its “an Underperform” rating to a “Neutral” for CTSH. Earlier on June 24, 2024, Goldman initiated its rating. Their recommendation was “a Neutral” for CTSH stock.
Analyzing CTSH Stock Performance
During the last five days, there has been a surge of approximately 0.48%. Over the course of the year, Cognizant Technology Solutions Corp shares have jumped approximately 0.88%. Shares of the company reached a 52-week high of $90.82 on 02/14/25 and a 52-week low of $74.58 on 01/13/25. A 50-day SMA is recorded $82.45, while a 200-day SMA reached $77.24.
Support And Resistance Levels for Cognizant Technology Solutions Corp (CTSH)
According to the 24-hour chart, there is a support level at 77.15, which, if violated, would cause prices to drop to 76.73. In the upper region, resistance lies at 78.09. The next price resistance is at 78.61. RSI (Relative Strength Index) is 37.07 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.10, which suggests the price will decrease in the coming days. Percent R is at 81.96%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
