New insider activity at Cognizant ( (CTSH) ) has taken place on February 14, 2025.
Director Leo Mackay has recently sold 1,600 shares of Cognizant stock, generating a total of $139,856 from the transaction.
Recent Updates on CTSH stock
In the last 24 hours, Cognizant’s stock has seen several positive developments that have led to price target increases from multiple analysts. Barclays raised its price target for Cognizant following a strong earnings report, which highlighted the firm’s updated company model. Mizuho also increased its price target, encouraged by the sustained positive growth in Cognizant’s largest segments. RBC Capital cited a Q4 earnings beat and an 11% year-over-year increase in bookings as reasons for raising their price target. The company announced a renewal of its partnership with KBC Group, extending their agreement until 2027, and reported strong Q4 performance with significant revenue growth, strategic acquisitions, and expanded AI capabilities. Cognizant’s continued momentum in securing large deals and maintaining high client satisfaction and employee engagement levels further supported the positive outlook for its stock.
More about Cognizant
YTD Price Performance: 15.27%
Average Trading Volume: 3,011,280
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $43.67B