Rep. Kevin Hern Sells Cognizant Technology Solutions Corporation (NASDAQ:CTSH) Shares

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Cognizant Technology Solutions Corporation (NASDAQ:CTSH). In a filing disclosed on April 03rd, the Representative disclosed that they had sold between $15,001 and $50,000 in Cognizant Technology Solutions stock on March 17th. The trade occurred in the Representative’s “HERN FAMILY REVOCABLE TRUST” account.

Representative Kevin Hern also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Exact Sciences (NASDAQ:EXAS) on 3/24/2026.
  • Sold $50,001 – $100,000 in shares of Prologis (NYSE:PLD) on 3/20/2026.
  • Sold $15,001 – $50,000 in shares of T. Rowe Price Group (NASDAQ:TROW) on 3/20/2026.
  • Sold $15,001 – $50,000 in shares of Medtronic (NYSE:MDT) on 3/20/2026.
  • Sold $500,001 – $1,000,000 in shares of Texas Instruments (NASDAQ:TXN) on 3/18/2026.
  • Sold $500,001 – $1,000,000 in shares of Smartstop Self Storage REIT (NYSE:SMA) on 3/18/2026.
  • Sold $50,001 – $100,000 in shares of BlackRock MuniAssets Fund (NYSE:MUA) on 3/17/2026.
  • Sold $15,001 – $50,000 in shares of Invesco (NYSE:IVZ) on 3/17/2026.
  • Sold $15,001 – $50,000 in shares of Becton, Dickinson and Company (NYSE:BDX) on 3/17/2026.
  • Sold $15,001 – $50,000 in shares of Comcast (NASDAQ:CMCSA) on 3/17/2026.

Cognizant Technology Solutions Stock Performance

CTSH opened at $62.35 on Tuesday. The firm has a market cap of $29.82 billion, a PE ratio of 13.70, a P/E/G ratio of 1.36 and a beta of 0.98. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.04. The business has a fifty day simple moving average of $66.62 and a 200-day simple moving average of $72.80. Cognizant Technology Solutions Corporation has a fifty-two week low of $58.83 and a fifty-two week high of $87.03.

Cognizant Technology Solutions (NASDAQ:CTSHGet Free Report) last released its quarterly earnings data on Wednesday, February 4th. The information technology service provider reported $1.35 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.03. The business had revenue of $5.33 billion during the quarter, compared to analyst estimates of $5.31 billion. Cognizant Technology Solutions had a return on equity of 17.17% and a net margin of 10.56%.The company’s revenue was up 4.9% compared to the same quarter last year. During the same period last year, the company posted $1.21 EPS. Cognizant Technology Solutions has set its FY 2026 guidance at 5.560-5.700 EPS. As a group, equities analysts predict that Cognizant Technology Solutions Corporation will post 4.98 EPS for the current fiscal year.

Cognizant Technology Solutions Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 26th. Stockholders of record on Wednesday, February 18th were paid a dividend of $0.33 per share. The ex-dividend date of this dividend was Wednesday, February 18th. This represents a $1.32 annualized dividend and a dividend yield of 2.1%. This is a boost from Cognizant Technology Solutions’s previous quarterly dividend of $0.31. Cognizant Technology Solutions’s dividend payout ratio is 29.01%.

Insider Buying and Selling at Cognizant Technology Solutions

In related news, Director Michael Patsalos-Fox sold 2,000 shares of the stock in a transaction on Wednesday, January 7th. The stock was 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 approximately $2,504,073.67. This trade represents a 6.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Surya Gummadi sold 1,728 shares of the stock in a transaction 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 sale, the insider owned 25,641 shares of the company’s stock, valued at approximately $2,129,741.46. This represents a 6.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 3,859 shares of company stock valued at $319,950. 0.32% of the stock is owned by corporate insiders.

Institutional Trading of Cognizant Technology Solutions

A number of hedge funds have recently modified their holdings of CTSH. Stance Capital LLC raised its holdings in shares of Cognizant Technology Solutions by 2,316.4% during the fourth quarter. Stance Capital LLC now owns 16,673 shares of the information technology service provider’s stock worth $1,384,000 after acquiring an additional 15,983 shares in the last quarter. World Investment Advisors raised its holdings in shares of Cognizant Technology Solutions by 9.3% during the fourth quarter. World Investment Advisors now owns 6,828 shares of the information technology service provider’s stock worth $567,000 after acquiring an additional 583 shares in the last quarter. Larry Mathis Financial Planning LLC purchased a new stake in shares of Cognizant Technology Solutions during the fourth quarter worth $253,000. Corient Private Wealth LLC raised its holdings in shares of Cognizant Technology Solutions by 44.4% during the fourth quarter. Corient Private Wealth LLC now owns 108,131 shares of the information technology service provider’s stock worth $8,977,000 after acquiring an additional 33,248 shares in the last quarter. Finally, Auto Owners Insurance Co raised its holdings in shares of Cognizant Technology Solutions by 8,200.0% during the fourth quarter. Auto Owners Insurance Co now owns 849,256 shares of the information technology service provider’s stock worth $7,049,000 after acquiring an additional 839,024 shares in the last quarter. Hedge funds and other institutional investors own 92.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on CTSH. Susquehanna restated a “positive” rating and issued a $98.00 target price on shares of Cognizant Technology Solutions in a report on Friday, January 23rd. Mizuho set a $87.00 target price on Cognizant Technology Solutions in a report on Monday, February 9th. TD Cowen reduced their target price on Cognizant Technology Solutions from $85.00 to $71.00 and set a “hold” rating for the company in a report on Friday, March 13th. UBS Group set a $71.00 target price on Cognizant Technology Solutions in a report on Friday, March 13th. Finally, Morgan Stanley increased their target price on Cognizant Technology Solutions from $80.00 to $82.00 and gave the company an “equal weight” rating in a report on Thursday, February 5th. Nine research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $88.78.

Read Our Latest Stock Analysis on CTSH

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About Cognizant Technology Solutions

(Get Free Report)

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.

Further Reading

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