Cognizant Technology Solutions Corp’s recent filing unveils 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 $2.84 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 Tuesday, Cognizant Technology Solutions Corp [NASDAQ:CTSH] saw its stock jump 1.92% to $80.64. Over the last five days, the stock has lost -1.14%. Cognizant Technology Solutions Corp shares have risen nearly 4.86% since the year began. Nevertheless, the stocks have risen 16.78% 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 $75.73, while 200 days put it at $78.19.
Levels Of Support And Resistance For CTSH Stock
The 24-hour chart illustrates a support level at 79.81, which if violated will result in even more drops to 78.97. On the upside, there is a resistance level at 81.15. A further resistance level may holdings at 81.65. The Relative Strength Index (RSI) on the 14-day chart is 60.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.45, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 29.11%. Stochastics %K at 53.50% indicates the stock is a holding.
