Cognizant Technology Solutions Corporation (NASDAQ:CTSH) managed to stay afloat and traded higher with an addition of 0.04 point or 0.07% at $60.31. The money flow data is a negative $(-5.11) million with $13.94 million in upticks and $19.04 million in downticks. The intraday up/down ratio came in at 0.73. The shares have seen 0.32% change for the week in its share price.From the data available, it was found that a block transaction occurred during the course of trading. For it, the aggregated worth of the upticks was $0 million and the combined worth of the downticks was $5.95, Million, leading to the up/down ratio of 0. The block trade saw a net money flow of $(-5.95) million.
Currently the company Insiders own 0.79% of Cognizant Technology Solutions Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -14.27% . Institutional Investors own 89.94% of Cognizant Technology Solutions Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -13.6%. On the companys insider trading activities, Mcloughlin Karen, officer (Chief Financial Officer) of Cognizant Technology Solutions Corp, unloaded 1,671 shares at an average price of $61.13 on June 8, 2016. The total amount of the transaction was worth $102,148, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Cognizant Technology Solutions Corporation (NASDAQ:CTSH) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.22 points or 0.37% at $60.05 with 3,205,281 shares getting traded. Post opening the session at $59.92, the shares hit an intraday low of $59.76 and an intraday high of $60.98 and the price was in this range throughout the day. The company has a market cap of $36,382 million and the number of outstanding shares have been calculated to be 605,869,540 shares. The 52-week high of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) 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.