Cognizant Technology Solutions Corp’s filing revealed that its Director Patsalos-Fox Michael unloaded Company’s shares for reported $0.25 million on Mar 14 ’25. In the deal valued at $78.72 per share,3,225 shares were sold. As a result of this transaction, Patsalos-Fox Michael now holds 6,775 shares worth roughly $0.48 million.
Then, Michael Patsalos-Fox bought 3,225 shares, generating $254,614 in total proceeds.
Before that, Kim John Sunshin sold 5,000 shares. Cognizant Technology Solutions Corp shares valued at $417,986 were divested by the CLO, CAO & Corporate Secretary at a price of $83.60 per share. As a result of the transaction, Kim John Sunshin now holds 35,182 shares, worth roughly $2.51 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 jump 0.64% to $71.26. Over the last five days, the stock has gained 7.21%. Cognizant Technology Solutions Corp shares have fallen nearly -7.33% since the year began. Nevertheless, the stocks have risen 2.89% 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 04/07/25. SMA at 50 days reached $80.34, while 200 days put it at $77.56.
Levels Of Support And Resistance For CTSH Stock
The 24-hour chart illustrates a support level at 70.82, which if violated will result in even more drops to 70.39. On the upside, there is a resistance level at 71.63. A further resistance level may holdings at 72.01. The Relative Strength Index (RSI) on the 14-day chart is 40.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.66, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.66%. Stochastics %K at 38.16% indicates the stock is a holding.
How much short interest is there in Cognizant Technology Solutions Corp?
A steep rise in short interest was recorded in Cognizant Technology Solutions Corp stocks on 2025-03-31, dropping by -1.6 million shares to a total of 17.37 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 18.97 million shares. There was a decline of -9.21%, which implies that there is a negative sentiment for the stock.
