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Leo S. Junior Mackay sells 3,300 shares of Cognizant Technology Solutions Co. (NASDAQ: CTSH)

Cognizant Know-how Options Co.Nasdaq: CTSHGet the ratingDirector Leo S. Jr. Mackay shares 3,300 shares of the corporate’s inventory in a transaction dated Monday, November seventh. The shares had been offered at a median worth of $52.79, bringing the entire transaction to $174,207.00. Following the completion of the sale, the supervisor now owns 28,310 shares within the firm, valued at roughly $1,494,484.90. The sale is disclosed on file with the SEC, which may be accessed at this link.

Worth efficiency perceptible know-how options

shares Shares of Cognizant Technology Solutions It traded as excessive as $0.80 on Wednesday, to achieve $54.02. The corporate traded 5,195,155 shares, in comparison with a median buying and selling quantity of three,247,647. The corporate has a 50-day easy transferring common of $60.24 and a 200-day easy transferring common of $66.91. The corporate’s debt-to-equity ratio is 0.05, the buying and selling ratio is 2.27 and the velocity ratio is 2.27. The corporate has a market capitalization of $27.97 billion, a PE ratio of 11.93, a ratio of PEG 1.07 and a beta of 1.05. Cognizant Know-how Options Co. recorded a 52-week low of $51.33 and a 52-week excessive of $93.47.

Perceived Know-how Options Dividend Announcement

The corporate additionally not too long ago disclosed a quarterly dividend, which will likely be paid on Tuesday, November twenty ninth. Shareholders of file on Friday, November 18th will situation a dividend of $0.27. This represents an annual dividend of $1.08 and a dividend yield of two.00%. The due date is Thursday seventeenth November. Cognizant Know-how Options (DPR) presently has a dividend yield ratio of 24.00%.

Institutional inflows and outflows

A number of institutional buyers and hedge funds have not too long ago made modifications to their positions in shares. CWA Asset Administration Group LLC bought a brand new place in shares of Cognizant Know-how Options within the third quarter valued at roughly $273,000. Brighton Jones LLC acquired a brand new stake in Cognizant Know-how Options through the third quarter valued at roughly $220,000. Boston Companions raised its stake in Cognizant Know-how Options by 19.1% through the third quarter. Boston Companions now owns 9,693,839 shares of the IT service supplier’s inventory valued at $557,475,000 after buying an extra 1,555,231 shares over the past quarter. Pinnacle Wealth Planning Companies Inc. acquired a brand new stake in Cognizant Know-how Options through the third quarter valued at roughly $205,000. Lastly, Legacy Advisors LLC raised its stake in Cognizant Know-how Options by 25.4% through the third quarter. Legacy Advisors LLC now owns 11,860 shares of the IT companies supplier’s inventory valued at $681,000 after buying an extra 2,404 shares over the past quarter. 90.67% of the shares are presently owned by institutional buyers.

Analysts set new worth targets

A number of analysis firms have not too long ago been placing their weight on CTSH. The Royal Financial institution of Canada lowered shares of Cognizant Know-how Options from a “excellent” ranking to a “phase performer” ranking and lowered its share worth goal from $78.00 to $66.00 in a analysis word on Thursday, November third. Cowen reiterated a “downgrade” evaluation of Cognizant Know-how Options’ inventory in a analysis word on Thursday, July 28. Jefferies Monetary Group lowered its worth goal for Cognizant Know-how Options shares from $78.00 to $72.00 and assigned a “maintain” ranking to the inventory in a analysis word on Wednesday, September 14th. Barclays lowered its worth goal on Cognizant Know-how Options shares from $55.00 to $45.00 and positioned an “underweight” ranking on the inventory in a analysis word on Sunday. Lastly, TheStreet lowered shares of Cognizant Know-how Options from a “b-” ranking to a “c+” ranking in a analysis word on Thursday, September twenty ninth. One analysis analyst has rated the inventory with a promote ranking, 13 have assigned a maintain ranking and three have assigned a purchase ranking to the inventory. In accordance with MarketBeat, the corporate has a median ranking of “Maintain” and a worth goal of $73.16.

About Cognizant Know-how Options

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Cognizant Know-how Options Company, an expert companies firm, offers consulting, know-how, and outsourcing companies in North America, Europe, and internationally. It operates by way of 4 segments: Monetary Companies. Well being Care; merchandise and assets; Communications, Media and Know-how.

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Buying and Selling Insider by Quarter, Inc. Cognizant Technology Solutions (NASDAQ: CTSH)

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