Cognizant Technology Solutions Corp’s filing revealed that its CLO, CAO & Corporate Secretary Kim John Sunshin unloaded Company’s shares for reported $0.4 million on Jun 02 ’25. In the deal valued at $80.24 per share,5,000 shares were sold. As a result of this transaction, Kim John Sunshin now holds 35,636 shares worth roughly $2.86 million.
Then, JOHN KIM bought 5,000 shares, generating $404,950 in total proceeds.
Before that, Patsalos-Fox Michael sold 3,225 shares. Cognizant Technology Solutions Corp shares valued at $253,867 were divested by the Director at a price of $78.72 per share. As a result of the transaction, Patsalos-Fox Michael now holds 6,775 shares, worth roughly $0.54 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 0.06% to $80.32. Over the last five days, the stock has lost -0.40%. Cognizant Technology Solutions Corp shares have risen nearly 4.45% since the year began. Nevertheless, the stocks have risen 23.99% 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 $75.92, while 200 days put it at $78.36.
Levels Of Support And Resistance For CTSH Stock
The 24-hour chart illustrates a support level at 79.95, which if violated will result in even more drops to 79.59. On the upside, there is a resistance level at 80.67. A further resistance level may holdings at 81.03. The Relative Strength Index (RSI) on the 14-day chart is 57.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.51%. Stochastics %K at 58.09% 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 2025-05-15, growing by 1.13 million shares to a total of 18.73 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 17.6 million shares. There was a rise of 6.03%, which implies that there is a positive sentiment for the stock.
