Insiders sold a total of 77,528 shares of company stock worth $5,306,449 over the last ninety days. Bluespruce Investments Lp who had been investing in Cognizant Tech Solutions for a number of months, seems to be less bullish one the $41.70B market cap company. The stock declined 0.70% or $0.5 reaching $70.51 on the news. Finally, Wetherby Asset Management Inc. boosted its stake in Cognizant Technology Solutions Corporation by 11.6% in the second quarter. It has underperformed by 16.70% the S&P500.
Jonathan Barrett increased its stake in Firstenergy Corp (FE) by 621.45% based on its latest 2016Q4 regulatory filing with the SEC. The Company’s product candidates JCAR017, JCAR014, and JCAR015, as well as an additional early stage product candidate incorporating a fully human binding domain, leverage vehicle technology to target CD19, a protein expressed on the surface of nearly all B cell leukemias and lymphomas. Following the transaction, the chief operating officer now directly owns 27,165 shares of the company’s stock, valued at $1,928,715. Thanks to an increase of nearly 2.76% in the past one month, the stock price is now outperforming with 24.95% so far on the year – still in strong zone.
It closed at $36.18 lastly.
During the latest trading session Discovery Communications, Inc. It has underperformed by 56.55% the S&P500.
Since February 23, 2017, it had 0 insider purchases, and 23 sales for $9.31 million activity. The “percentage off the 52-week high or low” refers to when a stock current price is relative to where it has traded over the last 52 weeks. Cognizant Technology Solutions Corporation had a return on equity of 18.72% and a net margin of 13.36%. Shares for $137,974 were sold by Shaheen Allen. 10,000 Cognizant Technology Solutions Corp (NASDAQ:CTSH) shares with value of $674,365 were sold by Kandiah Gajakarnan Vibushanan. FMR LLC increased its position in shares of Cognizant Technology Solutions Corporation by 81.6% in the second quarter. Shares for $412,978 were sold by KRISHNASWAMY VENKAT.
Investors sentiment decreased to 0.89 in 2016 Q4. Its down 0.08, from 1.07 in 2016Q3. It dropped, as 82 investors sold CTSH shares while 305 reduced holdings. Cognizant Technology Solutions Corporation’s dividend payout ratio is 19.17%. Columbia Asset Management owns 4,700 shares. Neuberger Berman Gp Limited Company holds 0.01% or 168,720 shares in its portfolio. Cognizant Technology Solutions Corporation makes up 1.7% of Lederer & Associates Investment Counsel CA’s holdings, making the share its 27th largest stake. The company’s 5 year Earnings per share growth and Capital Spending growth remains at 12.33 and 0.8. Vanguard Gp, Pennsylvania-based fund reported 39.17 million shares. Delta Lloyd Nv reported 0.32% stake. State Treasurer State Of Michigan reported 237,454 shares. Eastern Natl Bank owns 6,700 shares. $242,352 worth of Cognizant Technology Solutions Corp (NASDAQ:CTSH) was sold by CHINTAMANENI RAMAKRISHNA PRASAD on Tuesday, May 23. Tru Of Toledo Na Oh reported 0.99% stake. Zacks trimmed Cognizant Technology Solutions Corporation from a “buy” recommendation to a “hold” recommendation in a study on Thurs. Bancorporation Of Nova Scotia reported 0.57% in Cognizant Technology Solutions Corp (NASDAQ:CTSH). 1 and 2 is equivalent to a buy rating, 3 a hold rating, and 4 and 5 a sell rating. Therefore 69% are positive. Cognizant Technology Solutions Corp. had 50 analyst reports since August 6, 2015 according to SRatingsIntel.
Cognizant Technology Solutions Corporation (CTSH) opened the session with a $70.02 price tag, later ranging from $69.73 to $71.08, the range at which the stock has traded at throughout the day. Also, the Hold rating count is 11 as of 08/09/17. Mizuho upgraded the stock to “Neutral” rating in Wednesday, November 11 report. Two research experts recommended the company shares with a sell recommendation, eight have issued a hold recommendation, seventeen have issued a buy recommendation and 1 has given a strong buy recommendation to the firms shares. As per Thursday, September 10, the company rating was initiated by Suntrust Robinson. The firm earned “Underperform” rating on Friday, May 26 by BNP Paribas. The company was downgraded on Friday, September 30 by Argus Research. The firm has “Buy” rating given on Monday, August 7 by Northland Capital. The stock of Cognizant Technology Solutions Corp (NASDAQ:CTSH) has “Equal-Weight” rating given on Tuesday, January 31 by Morgan Stanley.
Ledyard National Bank, which manages about $562.65M US Long portfolio, decreased its stake in Allergan Plc by 5,749 shares to 10,889 shares, valued at $2.29M in 2016Q4, according to the filing. It also increased its holding in Avery Dennison (NYSE:AVY) by 175,895 shares in the quarter, for a total of 179,257 shares, and has risen its stake in Dst Systems (NYSE:DST). Cadence Mngmt Ltd Limited Liability Company holds 0.05% of its portfolio in Cognizant Technology Solutions Corp (NASDAQ:CTSH) for 11,705 shares.
Cognizant Technology Solutions Corporation (NASDAQ:CTSH) last posted its earnings results on Thursday, August 3rd. However, the company’s most recent quarter increase of 2.2% looks unattractive. The rating was upgraded by Tudor Pickering to “Accumulate” on Monday, September 21. More interesting news about FirstEnergy Corp. It also reduced Priceline Grp Inc (NASDAQ:PCLN) stake by 1,985 shares and now owns 794 shares. It tells an investor how quickly a company is increasing its revenues. Its down 0.04, from 0.93 in 2016Q3. Qv Investors reported 40,889 shares. First Corporation In, Indiana-based fund reported 600 shares. (NYSE:FE). Rhumbline Advisers owns 728,490 shares for 0.06% of their portfolio. The United Kingdom-based Baillie Gifford & Co has invested 0.34% in the stock. Papp L Roy & Associate stated it has 94,661 shares. West Oak Capital Ltd has invested 0% in Alleghany Corporation (NYSE:Y). 6,406 were accumulated by Ahl Ptnrs Limited Liability Partnership. Aberdeen Asset Mngmt Plc Uk has invested 0.11% in FirstEnergy Corp.