Hussman Strategic Advisors Inc. Lowers Holdings in Cognizant Technology Solutions Corporation $CTSH

Key Points

• Hussman Strategic Advisors Inc. cut its stake in Cognizant by 60.0% in Q4, selling 31,500 shares and retaining 21,000 shares worth $1.743 million at quarter-end.
• Cognizant posted a Q1 EPS beat ($1.40 vs. $1.33), set FY2026 EPS guidance of 5.630–5.770, and agreed to acquire Astreya for about $600 million to boost CX and cloud services.
• Analyst sentiment is mixed—multiple firms have trimmed price targets and highlighted execution risks around the "Project Leap" restructuring, leaving a consensus Hold rating and an average price target of $77.15.

Hussman Strategic Advisors Inc. lowered its holdings in shares of Cognizant Technology Solutions Corporation (NASDAQ:CTSH - Free Report) by 60.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,000 shares of the information technology service provider's stock after selling 31,500 shares during the quarter. Hussman Strategic Advisors Inc.'s holdings in Cognizant Technology Solutions were worth $1,743,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. AustralianSuper Pty Ltd purchased a new position in Cognizant Technology Solutions in the third quarter valued at about $4,422,000. Alps Advisors Inc. grew its stake in Cognizant Technology Solutions by 16.5% in the third quarter. Alps Advisors Inc. now owns 306,078 shares of the information technology service provider's stock valued at $20,529,000 after purchasing an additional 43,252 shares in the last quarter. Arjuna Capital boosted its stake in shares of Cognizant Technology Solutions by 62.6% during the 3rd quarter. Arjuna Capital now owns 24,622 shares of the information technology service provider's stock worth $1,651,000 after acquiring an additional 9,482 shares in the last quarter. National Pension Service boosted its stake in shares of Cognizant Technology Solutions by 5.5% during the 3rd quarter. National Pension Service now owns 863,720 shares of the information technology service provider's stock worth $57,930,000 after acquiring an additional 45,016 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Cognizant Technology Solutions by 11.0% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 193,464 shares of the information technology service provider's stock worth $12,976,000 after acquiring an additional 19,177 shares in the last quarter. Hedge funds and other institutional investors own 92.44% of the company's stock.

Trending Headlines about Cognizant Technology Solutions

Here are the key news stories impacting Cognizant Technology Solutions this week:

• Positive Sentiment: Q1 EPS beat and margin outlook lift confidence — Cognizant reported an EPS beat for Q1 and raised its 2026 margin outlook, which supports near-term earnings visibility. Cognizant Q1 Earnings Beat
• Positive Sentiment: Acquisition adds scale in contact-center services — Cognizant agreed to buy Astreya for about $600M, expanding its CX and cloud services footprint. This is strategic revenue and capability growth. Cognizant to buy Astreya
• Positive Sentiment: Selective analyst upgrades/raises remain — A few firms (e.g., Nomura, Susquehanna) reaffirm buy/positive views or raised targets, indicating some analysts see material upside despite broader cuts. Nomura raises PT to $93
• Neutral Sentiment: Zacks ranks CTSH as a top growth stock — Useful context for growth-oriented investors, but a style score is not an immediate catalyst. CTSH is a Top-Ranked Growth Stock
• Neutral Sentiment: Brand/partnership news supports long-term positioning — Becoming Aston Martin Aramco F1 Team’s Global AI Services Partner raises profile but is more strategic/PR than near-term revenue. Cognizant named AMF1 Global AI Services Partner
• Negative Sentiment: Broad wave of price‑target cuts from major analysts — Multiple firms trimmed targets (Evercore, BMO, HSBC, JPMorgan, Morgan Stanley, Wedbush, Wells Fargo, Guggenheim), weighing on the stock by reducing near-term upside expectations. Evercore cuts PT to $70 BMO cuts PT to $63 JPMorgan cuts PT to $74
• Negative Sentiment: Project Leap restructuring flagged as a risk — Analysts and risk monitors highlight Project Leap’s cost and execution risks, which could pressure productivity and margins if issues persist. Project Leap raises risks
• Negative Sentiment: Top-line softness and margin strain concerns — While EPS beat, revenue missed and management flagged margin pressure in the call, which limits optimism about a quick re-rating. Earnings call: bookings shine amid margin strain

Cognizant Technology Solutions Price Performance

NASDAQ CTSH opened at $52.43 on Friday. Cognizant Technology Solutions Corporation has a twelve month low of $52.28 and a twelve month high of $87.03. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.14 and a current ratio of 2.23. The stock has a market capitalization of $25.07 billion, a PE ratio of 11.40, a P/E/G ratio of 1.14 and a beta of 0.81. The stock has a 50-day simple moving average of $60.88 and a 200 day simple moving average of $71.62.

Cognizant Technology Solutions (NASDAQ:CTSH - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The information technology service provider reported $1.40 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.07. Cognizant Technology Solutions had a return on equity of 17.50% and a net margin of 10.41%.The business had revenue of $5.41 billion during the quarter, compared to analysts' expectations of $5.41 billion. During the same quarter in the previous year, the firm earned $1.23 EPS. The firm's revenue was up 5.8% compared to the same quarter last year. Cognizant Technology Solutions has set its FY 2026 guidance at 5.630-5.770 EPS. Research analysts anticipate that Cognizant Technology Solutions Corporation will post 5.68 EPS for the current year.

Cognizant Technology Solutions Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 27th. Shareholders of record on Monday, May 18th will be issued a $0.33 dividend. The ex-dividend date of this dividend is Monday, May 18th. This represents a $1.32 annualized dividend and a yield of 2.5%. Cognizant Technology Solutions's dividend payout ratio is 28.70%.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Weiss Ratings downgraded Cognizant Technology Solutions from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Thursday, March 19th. Nomura upped their price target on Cognizant Technology Solutions from $92.00 to $93.00 and gave the stock a "buy" rating in a research note on Thursday. Wedbush decreased their price target on Cognizant Technology Solutions from $61.00 to $56.00 and set a "neutral" rating for the company in a research note on Thursday. TD Cowen reiterated a "hold" rating and set a $62.00 price target (down from $71.00) on shares of Cognizant Technology Solutions in a research note on Thursday. Finally, Jefferies Financial Group decreased their price target on Cognizant Technology Solutions from $90.00 to $80.00 and set a "buy" rating for the company in a research note on Tuesday, April 21st. Ten analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $77.15.

Insider Buying and Selling

In other Cognizant Technology Solutions news, insider Surya Gummadi sold 1,728 shares of the company's stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $83.06, for a total value of $143,527.68. Following the completion of the transaction, the insider owned 25,641 shares of the company's stock, valued at $2,129,741.46. This represents a 6.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.32% of the stock is currently owned by company insiders.

Cognizant Technology Solutions Company 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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