Cognizant Technology Solutions Corp (CTSH): Gordon Coburn , President of Cognizant Technology Solutions Corp sold 27,119 shares on May 11, 2016. The Insider selling transaction was reported by the company on May 13, 2016 to the Securities and Exchange Commission. The shares were sold at $61.42 per share for a total value of $1,665,931.12 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 12, 2016, John Nelson Jr Fox (director) sold 12,345 shares at $61.50 per share price.On Apr 11, 2016, Karen Mcloughlin (Chief Financial Officer) sold 880 shares at $61.01 per share price.Also, On Apr 6, 2016, Chandrasekaran Ramakrishnan (Ex. Vice Chairman, Cog. India) sold 17,036 shares at $62.50 per share price.On Mar 28, 2016, Steven Schwartz (EVP, Chief Legal & CAO.) sold 12,296 shares at $60.00 per share price.
Cognizant Technology Solutions Corp: On Tuesday, May 10, 2016 heightened volatility was witnessed in Cognizant Technology Solutions Corp which led to swings in the share price. The shares opened for trading at $60.8 and hit $61.95 on the upside , eventually ending the session at $61.74, with a gain of 1.51% or 0.92 points. The heightened volatility saw the trading volume jump to 37,20,248 shares. The 52-week high of the share price is $69.8 and the company has a market cap of $37,406 M . The 52-week low of the share price is at $51.22.
Cognizant Technology Solutions Corporation is a provider of information technology (IT) consulting and business process services. The Company operates in four segments: Financial Services segment which include banking and insurance; Healthcare segment which includes healthcare and life sciences and Manufacturing/Retail/Logistics segment which includes manufacturing and logistics; retail travel and hospitality and consumer goods and Other segment which includes Communications Manufacturing/Retail/Logistics and High Technology. The Companies competencies include business process operations and IT consulting application development and systems integration enterprise information management (EIM) application testing application maintenance IT infrastructure services (IT IS) and business process services (BPS). It provides a range of consulting information technology and outsourcing services including consulting and technology services and outsourcing services.