Insider Trading Alert - Cognizant Technology Solutions Corporation And 4 Others Traded By Insiders

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Yesterday, Sept. 19, 2013, 81 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $698.00 to $197,170,890.00.

Highlighted Stocks Traded by Insiders:

Cognizant Technology Solutions Corporation (CTSH) - FREE Research Report

McLoughlin Karen who is Chief Financial Officer at Cognizant Technology Solutions Corporation sold 523 shares at $82.00 on Sept. 19, 2013. Following this transaction, the Chief Financial Officer owned 8,773 shares meaning that the stake was reduced by 5.63% with the 523 share transaction.

The shares most recently traded at $82.64, up $0.64, or 0.77% since the insider transaction. Historical insider transactions for Cognizant Technology Solutions Corporation go as follows:

  • 4-Week # shares sold: 90,736
  • 12-Week # shares bought: 7,500
  • 12-Week # shares sold: 93,789
  • 24-Week # shares bought: 7,500
  • 24-Week # shares sold: 96,184

The average volume for Cognizant Technology Solutions Corporation has been 2.5 million shares per day over the past 30 days. Cognizant Technology Solutions Corporation has a market cap of $24.4 billion and is part of the technology sector and computer software & services industry. Shares are up 13.14% year to date as of the close of trading on Wednesday.

Cognizant Technology Solutions Corporation provides information technology (IT), consulting, and business process outsourcing services worldwide. The company operates through four segments: Financial Services; Healthcare; Manufacturing, Retail, and Logistics; and Other. The company has a P/E ratio of 21.6. Currently there are 15 analysts that rate Cognizant Technology Solutions Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on CTSH - FREE

TheStreet Quant Ratings rates Cognizant Technology Solutions Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Cognizant Technology Solutions Corporation Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you liked this article you might like

Cognizant Technology, Advanced Micro Devices: 'Mad Money' Lightning Round

Play Defense, Play the Dollar: Cramer's 'Mad Money' Recap (Tuesday 8/29/17)

Infosys Is Tanking Because Its Ex-CEO's Transformation Efforts Are Now in Limbo

Think for Yourself