Inside Trade: Chandrasekaran Ramakrishnan Unloaded 25,000 Shares of Cognizant Technology Solutions (CTSH); John Hancock Financial Opportunities Fund (BTO) Sentiment Is 1.56

The stock decreased 0.28% or $0.11 during the last trading session, reaching $39.64. About 28,870 shares traded. John Hancock Financial Opportunities Fund (BTO) has risen 34.10% since January 18, 2017 and is uptrending. It has outperformed by 17.40% the S&P500.

Chandrasekaran Ramakrishnan, the Ex. Vice Chairman – Cog. India of Cognizant Technology Solutions Corp, sold 25,000 shares of the company, worth around $1,886,000 U.S. Dollars, at an average $75.4 for each share. Chandrasekaran Ramakrishnan now owns 271,300 shares or 0.05% of Cognizant Technology Solutions Corp’s market cap.

Orleans Capital Management Corp La holds 1.79% of its portfolio in John Hancock Financial Opportunities Fund for 64,167 shares. Fca Corp Tx owns 106,745 shares or 1.64% of their US portfolio. Moreover, Patten & Patten Inc Tn has 1.19% invested in the company for 303,590 shares. The Wisconsin-based North Star Asset Management Inc has invested 0.59% in the stock. Community Bank Of Raymore, a Missouri-based fund reported 16,750 shares.

Among 30 analysts covering Cognizant Technology Solutions Corp. (NASDAQ:CTSH), 24 have Buy rating, 1 Sell and 5 Hold. Therefore 80% are positive. Cognizant Technology Solutions Corp. has $93 highest and $48 lowest target. $79.70’s average target is 3.83% above currents $76.76 stock price. Cognizant Technology Solutions Corp. had 76 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) earned “Buy” rating by KeyBanc Capital Markets on Sunday, October 29. On Thursday, September 10 the stock rating was initiated by SunTrust with “Buy”. The stock has “Buy” rating by Credit Suisse on Thursday, November 2. RBC Capital Markets maintained Cognizant Technology Solutions Corporation (NASDAQ:CTSH) on Tuesday, February 9 with “Outperform” rating. As per Thursday, June 8, the company rating was downgraded by HSBC. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has “Outperform” rating given on Wednesday, November 1 by William Blair. Wedbush initiated the stock with “Neutral” rating in Friday, September 9 report. Citigroup maintained the stock with “Neutral” rating in Tuesday, October 31 report. The rating was maintained by Citigroup with “Buy” on Wednesday, July 20. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) earned “Underperform” rating by Bank of America on Tuesday, November 22.

Since August 4, 2017, it had 0 insider purchases, and 34 selling transactions for $42.82 million activity. CHINTAMANENI RAMAKRISHNA PRASAD had sold 5,462 shares worth $393,264. 12,368 shares were sold by Breakiron-Evans Maureen, worth $862,011. The insider Lennox James Patrick sold $509,779. 442 shares were sold by Shaheen Allen, worth $31,196. $1.83 million worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) was sold by RAMAKRISHNAN CHANDRASEKARAN. $592,000 worth of stock was sold by GOMATAM SUMITHRA on Tuesday, October 10. Another trade for 2,500 shares valued at $177,500 was sold by Veeraraghavachary Srinivasan.

Cognizant Technology Solutions Corporation provides information technology , activities and technology consulting, infrastructure, and business process services worldwide. The company has market cap of $45.26 billion. The firm operates through four divisions: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other. It has a 23.79 P/E ratio. The Company’s consulting and technology services include strategy consulting, business and activities consulting, technology strategy and change management, and program management consulting services; application design and development; systems integration; and application testing, consulting, and engineering services, as well as enterprise information management services.

Analysts await Cognizant Technology Solutions Corporation (NASDAQ:CTSH) to report earnings on February, 14. They expect $0.88 EPS, up 15.79% or $0.12 from last year’s $0.76 per share. CTSH’s profit will be $518.89M for 21.81 P/E if the $0.88 EPS becomes a reality. After $0.93 actual EPS reported by Cognizant Technology Solutions Corporation for the previous quarter, Wall Street now forecasts -5.38% negative EPS growth.

Investors sentiment increased to 1.03 in Q3 2017. Its up 0.27, from 0.76 in 2017Q2. It is positive, as 37 investors sold Cognizant Technology Solutions Corporation shares while 296 reduced holdings. 99 funds opened positions while 244 raised stakes. 487.81 million shares or 3.03% less from 503.05 million shares in 2017Q2 were reported. The Kentucky-based Central Bankshares & has invested 0.04% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Financial Bank Of Hawaii reported 0.22% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Deutsche Commercial Bank Ag stated it has 4.12 million shares. Comgest Glob Sas accumulated 12.51% or 7.42M shares. Westfield Cap Mngmt Lp stated it has 988,652 shares or 0.55% of all its holdings. State Of Alaska Department Of Revenue has invested 0.03% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Cibc reported 132,801 shares stake. Vigilant Limited Liability Co accumulated 334 shares. Smith Salley And Associates holds 1.4% or 100,904 shares. Goelzer Inv Mngmt stated it has 75,278 shares. Bradley Foster & Sargent Ct reported 46,077 shares or 0.13% of all its holdings. Exxonmobil Inv Incorporated Tx invested in 107,856 shares or 0.2% of the stock. Korea Corp, a Korea-based fund reported 224,431 shares. Fiduciary Tru has invested 0.11% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). 22,470 are owned by Middleton Incorporated Ma.

The stock increased 1.21% or $0.92 during the last trading session, reaching $76.76. About 2.97M shares traded. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has risen 5.50% since January 18, 2017 and is uptrending. It has underperformed by 11.20% the S&P500.