Cognizant Technology Solutions Corp (CTSH) Files Form 4 Insider Selling : Chandrasekaran Ramakrishnan Sells 15,922 Shares

Cognizant Technology Solutions Corp (CTSH): Chandrasekaran Ramakrishnan , Ex. Vice Chairman, Cog. India of Cognizant Technology Solutions Corp sold 15,922 shares on May 20, 2016. The Insider selling transaction was reported by the company on May 24, 2016 to the Securities and Exchange Commission. The shares were sold at $63.00 per share for a total value of $1,003,086.00 , 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 24, 2016, Chandrasekaran Ramakrishnan (Ex. Vice Chairman, Cog. India) sold 15,922 shares at $63.00 per share price.On May 19, 2016, Sridhar Thiruvengadam (Chief Operating Officer) sold 12,898 shares at $61.68 per share price.Also, On May 18, 2016, John E Klein (director other) sold 61,229 shares at $61.30 per share price.On May 13, 2016, Gordon Coburn (President) sold 27,119 shares at $61.42 per share price.

Cognizant Technology Solutions Corp: On Friday, May 20, 2016 heightened volatility was witnessed in Cognizant Technology Solutions Corp which led to swings in the share price. The shares opened for trading at $61.91 and hit $63.23 on the upside , eventually ending the session at $62.94, with a gain of 1.50% or 0.93 points. The heightened volatility saw the trading volume jump to 46,64,521 shares. The 52-week high of the share price is $69.8 and the company has a market cap of $38,133,458 M . The 52-week low of the share price is at $51.22.

Cognizant Technology Solutions Corp Money Flow Index Chart

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.

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