Reports indicate a diverse set of institutional investors trading shares of Cognizant Technology Solutions (CTSH). Allspring Global Investments Holdings and State of Alaska Department of Revenue have sold significant amounts of the stock, while Norden Group, Van ECK Associates, and Sunbelt Securities have all increased their holdings. CTSH has underperformed in comparison to its competitors on several occasions, prompting questions about the company's trajectory. However, it's important to note that CTSH's partnerships with Gentherm and Cengage and expansion of its Neuro Suite with an Edge AI platform demonstrate strategic efforts to expand its client base and enhance technological capabilities.
Analysts have a consensus rating of 'Hold' for CTSH, a fact that may well be tied to the mixed financial results the company posted for 2023, or its declining rates of returns. There are increased discussions around its CEO's compensation and the fair value of the company. Latest highlights include a dividend boost to 0.30 USD and collaborations with TDECU and Microsoft for AI-driven transformations. The recent initiation of coverage from Goldman Sachs may bring additional attention to CTSH.
Cognizant Technology Solutions CTSH News Analytics from Sat, 02 Dec 2023 08:00:00 GMT to Sun, 07 Jul 2024 12:03:54 GMT - Rating -3 - Innovation -1 - Information 3 - Rumor -4
