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, Dec. 11, 2013, 145 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $117.00 to $353,142,000.00. Highlighted Stocks Traded by Insiders: Cognizant Technology Solutions Corporation (CTSH) - FREE Research Report Krishnaswamy Venkat who is EVP, Pres Healthcare & Life Sc at Cognizant Technology Solutions Corporation sold 754 shares at $95.76 on Dec. 11, 2013. Following this transaction, the EVP, Pres Healthcare & Life Sc owned 6,604 shares meaning that the stake was reduced by 10.25% with the 754-share transaction. The shares most recently traded at $93.42, down $2.34, or 2.5% since the insider transaction. Historical insider transactions for Cognizant Technology Solutions Corporation go as follows:
4-Week # shares sold: 31,149
12-Week # shares sold: 48,902
24-Week # shares bought: 7,500
24-Week # shares sold: 153,164
The average volume for Cognizant Technology Solutions Corporation has been 1.9 million shares per day over the past 30 days. Cognizant Technology Solutions Corporation has a market cap of $28.6 billion and is part of the technology sector and computer software & services industry. Shares are up 26.55% 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 24.3. Currently there are 14 analysts that rate Cognizant Technology Solutions Corporation a buy, no analysts rate it a sell, and 3 rate it a hold. Exclusive Offer: Get the latest Stock Analysis on CTSH - FREETheStreet 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, solid stock price performance, 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.