Cognizant Technology Solutions Corporation $CTSH Shares Sold by Ashton Thomas Private Wealth LLC

Key Points

• Ashton Thomas Private Wealth LLC reduced its stake by 46.3% in the 4th quarter, selling 48,755 shares and now owning 56,478 Cognizant shares valued at about $4.69 million; institutional investors collectively hold 92.44% of the stock.
• Insider sale: Surya Gummadi sold 1,728 shares on Feb. 2 at an average price of $83.06 (a 6.31% reduction in their position); company insiders own just 0.32% of shares.
• Cognizant beat quarterly EPS ($1.35 vs. $1.32) with revenue of $5.33 billion (+4.9% YoY), set FY26 guidance of $5.560–$5.700 EPS, and raised its quarterly dividend to $0.33 (annualized $1.32, ~2.4% yield); analysts’ consensus rating is “Hold” with a $83.72 target.

Ashton Thomas Private Wealth LLC lessened its position in shares of Cognizant Technology Solutions Corporation (NASDAQ:CTSH - Free Report) by 46.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 56,478 shares of the information technology service provider's stock after selling 48,755 shares during the period. Ashton Thomas Private Wealth LLC's holdings in Cognizant Technology Solutions were worth $4,688,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Checchi Capital Advisers LLC grew its holdings in Cognizant Technology Solutions by 3.4% during the 4th quarter. Checchi Capital Advisers LLC now owns 3,852 shares of the information technology service provider's stock worth $320,000 after acquiring an additional 127 shares in the last quarter. Unison Advisors LLC grew its holdings in Cognizant Technology Solutions by 0.5% during the 4th quarter. Unison Advisors LLC now owns 30,095 shares of the information technology service provider's stock worth $2,498,000 after acquiring an additional 138 shares in the last quarter. TD Waterhouse Canada Inc. grew its holdings in Cognizant Technology Solutions by 7.2% during the 4th quarter. TD Waterhouse Canada Inc. now owns 2,130 shares of the information technology service provider's stock worth $177,000 after acquiring an additional 143 shares in the last quarter. Security National Bank of SO Dak grew its holdings in Cognizant Technology Solutions by 0.6% during the 2nd quarter. Security National Bank of SO Dak now owns 24,635 shares of the information technology service provider's stock worth $1,922,000 after acquiring an additional 150 shares in the last quarter. Finally, Haven Private LLC grew its holdings in Cognizant Technology Solutions by 1.9% during the 3rd quarter. Haven Private LLC now owns 8,451 shares of the information technology service provider's stock worth $567,000 after acquiring an additional 157 shares in the last quarter. Institutional investors and hedge funds own 92.44% of the company's stock.

Insider Buying and Selling

In related news, insider Surya Gummadi sold 1,728 shares of the company's stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $83.06, for a total value of $143,527.68. Following the completion of the sale, the insider owned 25,641 shares in the company, valued at $2,129,741.46. This represents a 6.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.32% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have commented on CTSH. Wells Fargo & Company reiterated an "overweight" rating and set a $98.00 price target (up from $87.00) on shares of Cognizant Technology Solutions in a report on Wednesday, January 14th. UBS Group lowered their price target on shares of Cognizant Technology Solutions from $67.00 to $64.00 and set a "neutral" rating for the company in a report on Monday, April 13th. Royal Bank Of Canada boosted their price target on shares of Cognizant Technology Solutions from $82.00 to $88.00 and gave the stock a "sector perform" rating in a report on Thursday, February 5th. Berenberg Bank set a $107.00 target price on shares of Cognizant Technology Solutions and gave the company a "buy" rating in a report on Thursday, January 22nd. Finally, Mizuho set a $87.00 target price on shares of Cognizant Technology Solutions in a report on Monday, February 9th. Eight research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. According to MarketBeat.com, Cognizant Technology Solutions presently has a consensus rating of "Hold" and a consensus target price of $83.72.

Cognizant Technology Solutions Trading Down 0.9%

Shares of Cognizant Technology Solutions stock opened at $54.63 on Tuesday. The company has a fifty day simple moving average of $61.56 and a 200-day simple moving average of $71.91. Cognizant Technology Solutions Corporation has a 12-month low of $54.26 and a 12-month high of $87.03. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.04. The stock has a market cap of $26.13 billion, a price-to-earnings ratio of 12.01, a PEG ratio of 1.20 and a beta of 0.98.

Cognizant Technology Solutions (NASDAQ:CTSH - Get Free Report) last issued its earnings results on Wednesday, February 4th. The information technology service provider reported $1.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.03. Cognizant Technology Solutions had a net margin of 10.56% and a return on equity of 17.17%. The business had revenue of $5.33 billion during the quarter, compared to analysts' expectations of $5.31 billion. During the same quarter in the prior year, the business posted $1.21 EPS. The company's revenue for the quarter was up 4.9% on a year-over-year basis. Cognizant Technology Solutions has set its FY 2026 guidance at 5.560-5.700 EPS. On average, equities analysts forecast that Cognizant Technology Solutions Corporation will post 5.65 EPS for the current fiscal year.

Cognizant Technology Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 26th. Investors of record on Wednesday, February 18th were given a $0.33 dividend. This is a positive change from Cognizant Technology Solutions's previous quarterly dividend of $0.31. The ex-dividend date was Wednesday, February 18th. This represents a $1.32 annualized dividend and a yield of 2.4%. Cognizant Technology Solutions's payout ratio is currently 29.01%.

Cognizant Technology Solutions Profile

Cognizant Technology Solutions NASDAQ: CTSH is a global professional services company that provides information technology, consulting and business process services to large enterprises. Its core offerings include digital engineering, application development and maintenance, cloud migration and managed services, data analytics and artificial intelligence, cybersecurity, and industry-specific solutions. Cognizant works with clients to design and implement technology-enabled transformations that address customer experience, operational efficiency and new product and service delivery.

Founded in the 1990s and headquartered in Teaneck, New Jersey, Cognizant has grown into a multinational organization with delivery centers and operations across the Americas, Europe, and Asia.

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