Cognizant Technology Solutions Corp (CTSH) Shares Sold by RiverPark Advisors LLC

Lloyd Doyle
December 7, 2017

First Capital Advisors Group LLC. now owns 3,676 shares of the information technology service provider's stock valued at $244,000 after purchasing an additional 32 shares in the last quarter.

But it's not just selling activity that is creating investor interest in CTSH; over the last several weeks, several insiders have bought shares.

ICE traded at an unexpectedly low level on 06/12/2017 when the stock experienced a -0.3% loss to a closing price of $70.74. Regions Financial Corporation (NYSE:RF) has risen 48.79% since December 7, 2016 and is uptrending. It has outperformed by 44.23% the S&P500.

De Burlo Group Inc increased its stake in Cognizant Technology Solutio (CTSH) by 1141.49% based on its latest 2017Q2 regulatory filing with the SEC. Insiders own 0.81% of the company's stock. The hedge fund run by Doug Silverman held 4.36 million shares of the edp services company at the end of 2017Q2, valued at $289.21 million, up from 4.30M at the end of the previous reported quarter. The stock increased 1.46% or $1.19 during the last trading session, reaching $82.78. The stock was sold at an average price of $72.02, for a total value of $2,304,640.00. It has underperformed by 11.20% the S&P500.

A 24 analysts rate it as either a buy or a strong buy, while 0 believe that investors should either steer clear of (NASDAQ:CTSH) or, if they already own its stock, sell it. Its down 0.15, from 0.91 in 2017Q1. It dived, as 53 investors sold CTSH shares while 330 reduced holdings. Oak Ridge Investments LLC raised its stake in Cognizant Technology Solutions by 7.1% during the 2nd quarter.

According to Cognizant Technology Solutions Corporation (CTSH) most recent 13F filing, the company has 95 new institutional holders - accounting for 10.76 million shares of its common stock. Lederer & Associate Investment Counsel Ca reported 26,985 shares.

COPYRIGHT VIOLATION NOTICE: "Cognizant Technology Solutions Corp (CTSH) Stake Lifted by First Republic Investment Management Inc." was posted by Week Herald and is the sole property of of Week Herald. Alyeska Inv Grp Inc Limited Partnership reported 1.35M shares stake. Whitnell & Com stated it has 23,570 shares or 0.69% of all its holdings.


Cognizant Technology Solutions Corporation by far traveled 38.78% versus a 1-year low price of $51.52. Finally, Acadian Asset Management LLC raised its stake in shares of Cognizant Technology Solutions Corp by 253.9% in the first quarter. Following the transaction, the executive vice president now directly owns 28,410 shares of the company's stock, valued at approximately $1,682,156.10. Smith Salley & stated it has 98,215 shares. CWA Asset Management Group LLC now owns 5,717 shares of the information technology service provider's stock valued at $380,000 after purchasing an additional 57 shares in the last quarter. Addenda accumulated 113,296 shares or 0.55% of the stock.

Cognizant Technology Solutions Corp (NASDAQ:CTSH) last announced its quarterly earnings data on Friday, May 5th. Whittier Com Of Nevada holds 0.04% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) or 6,879 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.12% or 181,915 shares.

Among 30 analysts covering Cognizant Technology Solutions Corp. The stock witnessed -4.39% declines, 0.11% gains and 6.92% gains for the 1-month, 3-month and 6-month period, respectively. Therefore 77% are positive. KeyCorp reiterated a "buy" rating and set a $79.00 target price on shares of Cognizant Technology Solutions in a research report on Thursday, October 12th. KeyBanc Capital Markets maintained the shares of CNMD in report on Friday, November 3 with "Hold" rating.

Among 2 analysts covering Mutualfirst Financial Inc (NASDAQ:MFSF), 0 have Buy rating, 0 Sell and 2 Hold. On Monday, October 30 the stock rating was maintained by Barclays Capital with "Overweight". The company has a market capitalization of $41,528.70, a P/E ratio of 21.02, a P/E/G ratio of 1.59 and a beta of 1.07. As per Thursday, August 3, the company rating was maintained by RBC Capital Markets. As per Thursday, June 8, the company rating was downgraded by HSBC. Wells Fargo Communication Mn has 0.09% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). The rating was upgraded by William Blair to "Outperform" on Wednesday, November 1. More interesting news about Cognizant Technology Solutions Corporation (NASDAQ:CTSH) was released by: Seekingalpha.com and their article: "Cognizant Technology Solutions (CTSH) Q2 2017 Results - Earnings Call Transcript" with publication date: August 03, 2017. It also upped Nuvasive Inc (NASDAQ:NUVA) stake by 488,338 shares and now owns 1.69M shares.

More news for Regions Financial Corporation (NYSE:RF) were recently published by: Investorplace.com, which released: "Trade of the Day: Regions Financial Corp Looks Set to Charge Higher" on November 15, 2017. Therefore 0 are positive. Cowen reiterated a "buy" rating and set a $80.00 target price on shares of Cognizant Technology Solutions in a research report on Thursday, October 12th. The ex-dividend date of this dividend was Friday, November 17th. The company also has 14.58 billion in total assets, balanced by 3.6 billion in total liabilities, which should give you a sense of the viability of the company under any number of imagined business contexts. As per Monday, January 23, the company rating was downgraded by Compass Point. The stock has "Buy" rating by SunTrust on Thursday, April 13. Citigroup has "Neutral" rating and $52 target. Analysts believe that we could see stock price minimum in the $62 range (lowest target price), allowing for another -12.36% drop from its current position.

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