if we would be surprised Cognitive Technology Solutions Inc. (NASDAQ: CTSH) Shareholders didn’t notice the recent sale of $174,000 worth of stock by independent director Leo Mackay at $52.79 per share. The move to raise eyebrows is equivalent to a 10% reduction in holdings.
Check out our latest analysis for Cognizant Technology Solutions
Insider Trading at Cognizant Technology Solutions in the Past Year
The largest insider trade we could see in the past year was the sale by insider Andrew Stafford for $519,000 at $80.87 per share. While an insider sale is negative for us, it’s even more negative if the stock sells at a lower price. The good news is that this big deal is well above its current price of $57.29. As such, it may not have much impact on current levels of internal confidence.
Cognizant Technology Solutions insiders didn’t buy any shares in the last year. Below you can see a visual depiction of insider trading (both corporate and personal) over the past 12 months. By clicking on the chart below, you can see the precise details of each insider trade!
I’d prefer Cognizant Technology Solutions if I saw some big in-house purchases.While we wait, take a look at this free List of growth companies that have had a lot of insider acquisitions recently.
Internal Ownership of Cognizant Technology Solutions
For common stockholders, it is worth checking how many shares are held by people inside the company. We generally expect to see a fairly high level of insider ownership. Cognizant Technology Solutions insiders own about $48 million worth of stock. This equates to 0.2% of the company. This level of insider ownership is good, but not particularly prominent. It does show a reasonable level of alignment.
What might Cognizant Technology Solutions’ insider trading tell us?
An insider sold shares recently, but they haven’t been buying. Looking back over the past twelve months, our data does not show any insider buying. On the plus side, Cognizant Technology Solutions is making money and profits are growing. Insider ownership isn’t particularly high, so this analysis makes us cautious about the company. So we will only buy after careful consideration. While we like to understand insider ownership and trading, we make sure to also consider the risks to the stock before making any investment decisions.Are you interested in knowing that we found 2 Warning Signs for Cognizant Technology Solutions We suggest you take a look.
certainly Cognizant Technology Solutions may not be the best stock to buy. so you might want to see this free Bring together high-quality enterprises.
For the purposes of this article, insiders are individuals who report their transactions to the relevant regulators. We currently consider open market transactions and private dispositions, but not derivative transactions.
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find out if Cognitive Technology Solutions May be over or underestimated by viewing our comprehensive analysis, which includes Fair Value Estimates, Risks and Warnings, Dividends, Insider Trading and Financial Condition.
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