Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Cognizant Technology Solutions Corporation (NASDAQ:CTSH). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Cognizant Technology Solutions stock on April 14th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
- Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
- Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.
Cognizant Technology Solutions Trading Down 3.1%
NASDAQ CTSH traded down $1.52 during trading hours on Tuesday, hitting $47.73. The company’s stock had a trading volume of 6,165,356 shares, compared to its average volume of 6,540,814. The stock has a fifty day moving average of $59.73 and a 200 day moving average of $71.10. The firm has a market capitalization of $22.62 billion, a P/E ratio of 10.38, a PEG ratio of 1.09 and a beta of 0.81. Cognizant Technology Solutions Corporation has a twelve month low of $47.50 and a twelve month high of $87.03. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.04.
Cognizant Technology Solutions Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 27th. Investors of record on Monday, May 18th will be issued a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 2.8%. The ex-dividend date is Monday, May 18th. Cognizant Technology Solutions’s dividend payout ratio is currently 28.70%.
Institutional Investors Weigh In On Cognizant Technology Solutions
A number of hedge funds and other institutional investors have recently bought and sold shares of CTSH. JPL Wealth Management LLC acquired a new stake in Cognizant Technology Solutions in the 3rd quarter valued at approximately $25,000. Lodestone Wealth Management LLC acquired a new stake in Cognizant Technology Solutions in the 4th quarter valued at approximately $28,000. Flagship Harbor Advisors LLC acquired a new position in shares of Cognizant Technology Solutions during the 4th quarter worth approximately $28,000. Physician Wealth Advisors Inc. increased its position in shares of Cognizant Technology Solutions by 165.1% during the 4th quarter. Physician Wealth Advisors Inc. now owns 342 shares of the information technology service provider’s stock worth $28,000 after purchasing an additional 213 shares during the last quarter. Finally, Prosperity Bancshares Inc acquired a new position in shares of Cognizant Technology Solutions during the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 92.44% of the company’s stock.
Wall Street Analysts Forecast Growth
CTSH has been the topic of a number of recent analyst reports. Guggenheim reduced their target price on Cognizant Technology Solutions from $85.00 to $80.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Evercore dropped their price target on Cognizant Technology Solutions from $100.00 to $70.00 in a research report on Thursday, April 30th. Nomura raised their price target on Cognizant Technology Solutions from $92.00 to $93.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. TD Cowen reaffirmed a “hold” rating and set a $62.00 price target (down from $71.00) on shares of Cognizant Technology Solutions in a research report on Thursday, April 30th. Finally, Berenberg Bank dropped their price target on Cognizant Technology Solutions from $107.00 to $81.00 and set a “buy” rating on the stock in a research report on Monday. Ten equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $73.33.
View Our Latest Research Report on Cognizant Technology Solutions
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
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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