Checking Out the Fundamental Data for Cognizant Technology Solutions Corporation (CTSH)

Cornelia Mascio
Agosto 23, 2017

In related news, COO Srinivasan Veeraraghavachary sold 2,500 shares of Cognizant Technology Solutions Corporation stock in a transaction that occurred on Wednesday, August 16th. The latest exchange of 2.9 Million shares is below its average trading activity of 3.7 Million shares. Cognizant Technology Solutions Corporation (CTSH) has a market cap of $41.27 billion and over the last 12 months, Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has gone stronger by 23.06%. The stock increased 0.52% or $0.01 during the last trading session, reaching $1.92. Cognizant Technology Solutions Corp (NASDAQ:CTSH) has risen 5.50% since August 21, 2016 and is uptrending. It has underperformed by 16.70% the S&P500.

The stock of Combimatrix Corporation (NASDAQ:CBMX) registered a decrease of 8.22% in short interest. In the past 3-month period alone, shares of CTSH have appreciated +4.36 - or +6.63%. 271.12 million shares or 0.82% more from 268.92 million shares in 2016Q3 were reported. With 1.90M avg volume, 2 days are for Delphi Automotive Plc (NYSE:DLPH)'s short sellers to cover DLPH's short positions. For CTSH, the company now has 1.16 billion of cash on the books, which is offset by 244 million in current liabilities. It closed at $32.9 lastly. About shares traded. Xenetic Biosciences Inc (NASDAQ:XBIO) has declined 68.13% since August 23, 2016 and is downtrending.

The stock decreased 0.83% or $0.32 on August 18, reaching $37.55. Shaheen Allen sold 4,186 shares worth $282,815. Also, insider Venkat Krishnaswamy sold 4,205 shares of Cognizant Technology Solutions Corporation stock in a transaction that occurred on Thursday, May 25th. $117,180 worth of Cognizant Technology Solutions Corp (NASDAQ:CTSH) shares were sold by Middleton Sean. Financial Counselors reported 3,774 shares. Robert W. Baird increased their price objective on Cognizant Technology Solutions Corporation from $70.00 to $74.00 and gave the stock an "outperform" rating in a research note on Monday, May 8th. The insider Kandiah Gajakarnan Vibushanan sold $97,985. The shares were sold at an average price of $72.00, for a total value of $393,264.00. Equities analysts forecast that Cognizant Technology Solutions Corporation will post $3.70 earnings per share for the current year. A 21 analysts rate it as either a buy or a strong buy, while2 believe that investors should either steer clear of CTSH or, if they already own its stock, sell it. Therefore 50% are positive. SunTrust initiated the shares of CTSH in report on Thursday, September 10 with "Buy" rating. Bank of America maintained the stock with "Buy" rating in Friday, July 21 report. Jefferies maintained it with "Buy" rating and $63 target in Monday, October 10 report. HSBC initiated the shares of CTSH in report on Friday, September 30 with "Buy" rating. The rating was maintained by Cowen & Co on Friday, July 28 with "Buy". The company now has a consensus rating of "Buy" and an average price target of $70.02. On Tuesday, June 13 the stock rating was maintained by Oppenheimer with "Buy".

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 31st. Investors of record on Tuesday, August 22nd will be issued a dividend of $0.15 per share. Its up 0.38, from 0.79 in 2016Q3.

Several other hedge funds have also bought and sold shares of CTSH.

The most recent open market insider trade was Automatic Sell of 2,500 shares on a day where the closing price was 72. The information technology service provider reported $0.93 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.82 by $0.11. Bartlett Com Ltd Liability has invested 0% of its portfolio in Cognizant Technology Solutions Corp (NASDAQ:CTSH). 26,791 are held by Advantus Capital Inc. Moreover, Baystate Wealth Limited Liability Company has 0% invested in Cognizant Technology Solutions Corp (NASDAQ:CTSH). CHINTAMANENI RAMAKRISHNA PRASAD sold $361,800 worth of stock or 5,400 shares. 59,165 are owned by D E Shaw And Inc. Hillsdale Investment Mgmt accumulated 5,050 shares. Brown Brothers Harriman And holds 0% or 1,340 shares in its portfolio. Carnegie Capital Asset Management Llc, a Ohio-based fund reported 20,226 shares. With an institutional ownership near 91.9%, it carries an earnings per share ratio of 3.12. Gilead Sciences Inc (NASDAQ:GILD) was reduced too.

Investors sentiment increased to 1.17 in 2016 Q4. Its down 0.04, from 0.93 in 2016Q3. 86 funds opened positions while 151 raised stakes. Capstone has invested 0.03% of its portfolio in Globalstar, Inc. Kirr Marbach And Company Ltd Liability Corporation In invested in 330,150 shares. Whittier Tru Of Nevada invested in 6,959 shares. Ftb holds 442 shares or 0% of its portfolio. Security Capital Mngmt accumulated 1.26 million shares. 12,078 were accumulated by Citigroup. Gradient Investments Limited Liability owns 5,725 shares. Winfield Associate invested in 0% or 5 shares. The Ontario - Canada-based Royal Bancshares Of Canada has invested 0% in York Water Co (NASDAQ:YORW). Leuthold Grp Lc holds 0.36% or 56,937 shares in its portfolio. Everyone seems to have their own opinion of this stock. The company has market cap of $24.62 billion. The primary business of the Company is to impound, purify to meet or exceed safe drinking water standards and distribute water. It has a 64.08 P/E ratio.

Since February 23, 2017, it had 0 buys, and 22 selling transactions for $9.02 million activity.

Long-term growth (LTG) is an investing strategy where a stock will (hopefully) grow in value for a relatively long period of time.

Altre relazioniGrafFiotech

Discuti questo articolo

Segui i nostri GIORNALE