Cognizant Technology Solutions Corp (CTSH): Gordon Coburn , President of Cognizant Technology Solutions Corp sold 22,881 shares on Jun 6, 2016. The Insider selling transaction was reported by the company on Jun 7, 2016 to the Securities and Exchange Commission. The shares were sold at $60.39 per share for a total value of $1,379,316.62 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 7, 2016, Gordon Coburn (President) sold 22,881 shares at $60.39 per share price.On Jun 7, 2016, Steven Schwartz (EVP, Chief Legal & CAO.) sold 6,846 shares at $60.00 per share price.Also, On Jun 7, 2016, Malcolm Frank (Exec. VP, Strategy & Marketing) sold 8,780 shares at $59.96 per share price.On May 24, 2016, Chandrasekaran Ramakrishnan (Ex. Vice Chairman, Cog. India) sold 15,922 shares at $63.00 per share price.
Shares of Cognizant Technology Solutions Corp (CTSH) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -1.22 points or -1.99% at $60.12 with 38,59,757 shares getting traded. Post opening the session at $61.32, the shares hit an intraday low of $60.1 and an intraday high of $61.33 and the price vacillated in this range throughout the day. The company has a market cap of $36,425 M and the number of outstanding shares has been calculated to be 60,58,69,540 shares. The 52-week high of Cognizant Technology Solutions Corp is $69.8 and the 52-week low is $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.