KD Logo

Recent Insider Activity Could Benefit Cognizant Technology Solutions Corp (CTSH)

Cognizant Technology Solutions Corp’s recently made public 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 $0.55 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 $2.87 million.

JP Morgan upgraded its Cognizant Technology Solutions Corp [CTSH] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Susquehanna’s analysts, who increased its forecast for the stock in early May from “a Neutral” to “a Positive”. Barclays also remained covering CTSH and has increased its forecast on December 17, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating.

Price Performance Review of CTSH

On Monday, Cognizant Technology Solutions Corp [NASDAQ:CTSH] saw its stock jump 0.16% to $81.57. Over the last five days, the stock has lost -0.29%. Cognizant Technology Solutions Corp shares have risen nearly 6.07% since the year began. Nevertheless, the stocks have risen 18.46% over the past one year.

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 2025-04-30, dropping by -2.05 million shares to a total of 15.31 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 17.37 million shares. There was a decline of -13.4%, which implies that there is a negative sentiment for the stock.

Most Popular