Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Conduent Inc shares valued at $132,378,196 were sold by ICAHN CARL C on Jun 08 ’24. At $3.47 per share, ICAHN CARL C sold 38,149,336 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
As published in their initiating research note from Noble Capital Markets on March 14, 2024, Conduent Inc [CNDT] has been an Outperform and the price target has been revised to $9. Analysts at Needham downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early November. As of April 14, 2020, JP Morgan has decreased its “an Overweight” rating to a “Neutral” for CNDT. Earlier on February 21, 2020, Needham resumed its rating. Their recommendation was “a Buy” for CNDT stock.
Analyzing CNDT Stock Performance
During the last five days, there has been a surge of approximately 2.80%. Over the course of the year, Conduent Inc shares have dropped approximately -45.54%. Shares of the company reached a 52-week high of $4.9000 on 02/07/25 and a 52-week low of $1.9000 on 05/07/25. A 50-day SMA is recorded $2.6100, while a 200-day SMA reached $3.5700.
Support And Resistance Levels for Conduent Inc (CNDT)
According to the 24-hour chart, there is a support level at 2.0400, which, if violated, would cause prices to drop to 1.8800. In the upper region, resistance lies at 2.3100. The next price resistance is at 2.4100. RSI (Relative Strength Index) is 45.47 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0200, which suggests the price will decrease in the coming days. Percent R is at 15.49%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
