AustralianSuper Pty Ltd Invests $4.42 Million in Cognizant Technology Solutions Corporation $CTSH

AustralianSuper Pty Ltd acquired a new stake in shares of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 65,924 shares of the information technology service provider’s stock, valued at approximately $4,422,000.

A number of other large investors also recently bought and sold shares of CTSH. Vanguard Group Inc. increased its holdings in shares of Cognizant Technology Solutions by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 59,854,530 shares of the information technology service provider’s stock valued at $4,670,449,000 after acquiring an additional 746,732 shares during the period. State Street Corp boosted its position in Cognizant Technology Solutions by 0.6% during the second quarter. State Street Corp now owns 25,381,572 shares of the information technology service provider’s stock valued at $1,980,524,000 after purchasing an additional 157,427 shares in the last quarter. Pzena Investment Management LLC grew its stake in Cognizant Technology Solutions by 2.2% in the second quarter. Pzena Investment Management LLC now owns 17,450,691 shares of the information technology service provider’s stock valued at $1,361,677,000 after purchasing an additional 375,619 shares during the last quarter. Geode Capital Management LLC raised its holdings in Cognizant Technology Solutions by 1.5% in the second quarter. Geode Capital Management LLC now owns 14,019,891 shares of the information technology service provider’s stock worth $1,091,391,000 after purchasing an additional 206,532 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Cognizant Technology Solutions during the second quarter valued at about $487,526,000. Institutional investors own 92.44% of the company’s stock.

Insider Buying and Selling

In other Cognizant Technology Solutions news, CEO Ravi Kumar Singisetti sold 2,950 shares of Cognizant Technology Solutions stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $85.06, for a total transaction of $250,927.00. Following the completion of the sale, the chief executive officer directly owned 75,209 shares in the company, valued at approximately $6,397,277.54. The trade was a 3.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Michael Patsalos-Fox sold 2,000 shares of the company’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $84.23, for a total transaction of $168,460.00. Following the completion of the sale, the director directly owned 29,729 shares in the company, valued at $2,504,073.67. This trade represents a 6.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 27,706 shares of company stock valued at $2,317,281 over the last quarter. 0.32% of the stock is currently owned by company insiders.

Cognizant Technology Solutions Price Performance

NASDAQ CTSH opened at $82.06 on Friday. The company has a market cap of $39.61 billion, a price-to-earnings ratio of 19.04, a PEG ratio of 1.59 and a beta of 0.96. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.36 and a quick ratio of 2.36. The stock’s fifty day moving average price is $82.80 and its 200 day moving average price is $74.93. Cognizant Technology Solutions Corporation has a 1 year low of $65.15 and a 1 year high of $90.82.

Cognizant Technology Solutions (NASDAQ:CTSH) last posted its quarterly earnings results on Wednesday, October 29th. The information technology service provider reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.09. The business had revenue of $5.42 billion for the quarter, compared to the consensus estimate of $5.32 billion. Cognizant Technology Solutions had a return on equity of 17.00% and a net margin of 10.20%.The company’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.25 EPS. As a group, equities research analysts forecast that Cognizant Technology Solutions Corporation will post 4.98 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Cognizant Technology Solutions from $89.00 to $92.00 and gave the stock an “overweight” rating in a research note on Thursday, October 30th. William Blair raised shares of Cognizant Technology Solutions from a “market perform” rating to an “outperform” rating in a report on Friday, November 21st. Berenberg Bank set a $107.00 price objective on Cognizant Technology Solutions and gave the company a “buy” rating in a report on Thursday, January 22nd. TD Cowen restated a “hold” rating on shares of Cognizant Technology Solutions in a research note on Friday, January 9th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Cognizant Technology Solutions in a research report on Monday, December 29th. Nine equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $90.28.

More Cognizant Technology Solutions News

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

• Positive Sentiment: Cognizant’s Belcan unit (a Cognizant company) is part of the Missile Defense Agency’s SHIELD IDIQ vehicle with a $151B ceiling — a large potential addressable market for engineering, software and defense work that could drive multi-year revenue for Cognizant’s government/defense vertical. Belcan Government Solutions Secures SHIELD Contract
• Positive Sentiment: Press coverage highlights that a Cognizant subsidiary secured a seat on the U.S. missile defense overhaul program — reinforcing the company’s positioning in high-value government programs. Cognizant Wins Seat In Missile Defense Overhaul
• Positive Sentiment: Multi‑year expansion with Kohler to accelerate AI and cloud transformation — this deal reinforces recurring-scope digital engineering and cloud services revenue. Cognizant and Kohler Deepen Strategic Collaboration
• Positive Sentiment: Partnership with Adobe to scale AI-driven content supply chains and governance for enterprise marketing and CX — expands managed services/AI offerings in an addressed TAM likely to support higher-margin work. Cognizant to Accelerate AI-Driven Creativity with Adobe
• Positive Sentiment: Longstanding commercial wins and renewals — 25-year Ace Hardware partnership renewal, Flagstar Bank one‑year partnership update, and a Travel + Leisure collaboration renewal — signal stable client retention and cross-sell opportunities. Cognizant and Ace Hardware Celebrate 25 Years Cognizant and Flagstar Bank Mark One-Year Partnership Cognizant and Travel + Leisure Renew Collaboration
• Neutral Sentiment: Wall Street coverage shows analysts remain moderately optimistic with target prices generally above recent levels, but there’s no widespread consensus upgrade driving the move today. What Are Wall Street Analysts’ Target Price for Cognizant
• Neutral Sentiment: Reported short-interest data in late January appears anomalous/zeroed out and provides no clear pressure signal to explain today’s decline; monitor for updated, reliable short-interest prints before treating this as a factor.

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.