In a filing, Cognizant Technology Solutions Corp revealed 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 $0.54 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 $2.79 million.
Susquehanna upgraded its Cognizant Technology Solutions Corp [CTSH] rating to a Positive from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in mid December from “an Equal weight” to “an Overweight”. BofA Securities revised its rating on August 07, 2024. It rated CTSH as “a Neutral” which previously was an “an Underperform”.
Price Performance Review of CTSH
On Friday, Cognizant Technology Solutions Corp [NASDAQ:CTSH] saw its stock fall -0.05% to $79.17. Over the last five days, the stock has gained 1.89%. Cognizant Technology Solutions Corp shares have risen nearly 2.95% since the year began. Nevertheless, the stocks have risen 17.01% 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 $76.06, while 200 days put it at $77.82.
Levels Of Support And Resistance For CTSH Stock
The 24-hour chart illustrates a support level at 78.85, which if violated will result in even more drops to 78.53. On the upside, there is a resistance level at 79.62. A further resistance level may holdings at 80.07. The Relative Strength Index (RSI) on the 14-day chart is 65.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.82, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.58%. Stochastics %K at 92.98% indicates the stock is a selling.
The most recent change occurred on June 24, 2024 when Goldman began covering the stock and recommended ‘”a Neutral”‘ rating along with a $72 price target.
