Today, the President Global Delivery of Cognizant (NASDAQ: CTSH), Debashis Chatterjee, sold shares of CTSH for $438.9K.
In addition to Debashis Chatterjee, 2 other CTSH executives reported Sell trades in the last month.
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Based on Cognizant’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $3.91 billion and quarterly net profit of $520 million. In comparison, last year the company earned revenue of $3.55 billion and had a net profit of $557 million. CTSH’s market cap is $46.89B and the company has a P/E ratio of 32.13. Currently, Cognizant has an average volume of 3.04M.
Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $89.50, reflecting a -11.5% downside.
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Cognizant Technology Solutions Corp. engages in the provision of information technology, consulting, and business process outsourcing services. It operates through the following segments: Financial Services; Healthcare; Products and Resources; and Communications, Media, and Technology. The Financial Services segment consists of banking and insurance services.
