Cognizant Technology Solutions (CTSH)

Cognizant Technology • Softvision SAS • Cognizant Technology Solutions Australia Pty Ltd • Collaborative Solutions Asia-Pacific Pty Ltd • Collaborative Solutions Australia Pty Ltd • Contino Pty Ltd • SAASFOCUS PTY LTD • Servian Group (Holdings) Pty Ltd • Servian Managed Services Pty Ltd • Servian Pty Ltd ...

IRS number

133728359

CTSH stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$83.00

Low target

$76.00

High target

$95.00

Latest filings (excl ownership)

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30 Oct 24

Cognizant Reports Third Quarter 2024 Results

30 Oct 24

8-K/A

Departure of Directors or Certain Officers

10 Sep 24

8-K

Cognizant Reports Second Quarter 2024 Results

31 Jul 24

8-K

Departure of Directors or Certain Officers

11 Jul 24

8-K

Departure of Directors or Certain Officers

9 Jul 24

8-K

Significantly expands access to the ~$190 billion rapidly growing, specialized

10 Jun 24

8-K

Amendments to Articles of Incorporation or Bylaws

1 May 24

Cognizant Reports First Quarter 2024 Results

1 May 24

Transcripts

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CTSH

Earnings call transcript

2024 Q3

30 Oct 24

CTSH

Earnings call transcript

2024 Q2

31 Jul 24

CTSH

Earnings call transcript

2024 Q1

1 May 24

CTSH

Earnings call transcript

2023 Q4

6 Feb 24

CTSH

Earnings call transcript

2023 Q3

1 Nov 23

CTSH

Earnings call transcript

2023 Q2

2 Aug 23

CTSH

Earnings call transcript

2023 Q2

2 Aug 23

CTSH

Earnings call transcript

2023 Q1

3 May 23

CTSH

Earnings call transcript

2022 Q4

2 Feb 23

CTSH

Earnings call transcript

2022 Q3

3 Nov 22

Latest ownership filings

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Notice of proposed sale of securities

6 Dec 24

144

Notice of proposed sale of securities

Ravi Kumar Singisetti

3 Dec 24

Financial summary

Financial statements Chart CTSH financial data

Quarter (USD)	Sep 24	Mar 24	Dec 23	Sep 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	2.01 bn	2.01 bn	2.01 bn	2.01 bn	2.01 bn	2.01 bn
Cash burn (monthly)	72.67 mm	3.50 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	202.90 mm	9.77 mm	n/a	n/a	n/a	n/a
Cash remaining	1.81 bn	2.00 bn	n/a	n/a	n/a	n/a
Runway (months of cash)	24.9	572.4	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

CTSH institutional ownership history Ownership history

91.4% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	933	892	+4.6%
Opened positions	115	101	+13.9%
Closed positions	74	121	-38.8%
Increased positions	302	323	-6.5%
Reduced positions	367	328	+11.9%

13F shares	Current	Prev Q	Change
Total value	33.55 tn	30.64 tn	+9.5%
Total shares	458.47 mm	474.76 mm	-3.4%
Total puts	6.02 mm	4.10 mm	+46.8%
Total calls	3.73 mm	3.91 mm	-4.7%
Total put/call ratio	1.6	1.0	+54.0%

Largest owners	Shares	Value	Change
Vanguard	58.51 mm	$4.52 tn	+0.6%
BLK BlackRock	55.46 mm	$4.28 tn	NEW
STT State Street	24.99 mm	$1.93 tn	+3.6%
Pzena Investment Management	18.61 mm	$1.44 tn	-0.0%
Dodge & Cox	18.35 mm	$1.42 tn	-0.6%
JPM JPMorgan Chase & Co.	13.43 mm	$1.04 tn	+4.0%
Geode Capital Management	13.28 mm	$1.02 tn	+1.3%
FMR	11.02 mm	$850.78 bn	-9.6%
BK The Bank of New York Mellon Corporation	10.96 mm	$846.01 bn	-4.3%
IVZ Invesco	10.37 mm	$800.14 bn	-4.4%

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	55.46 mm	+55.46 mm	NEW
BLK BlackRock	0.00	-53.01 mm	EXIT
NMR Nomura	1.51 mm	-12.21 mm	-89.0%
Norges Bank	0.00	-6.54 mm	EXIT
Boston Partners	3.07 mm	-2.98 mm	-49.3%
NA.R National Bank of Canada	3.64 mm	+1.80 mm	+97.9%
Qube Research & Technologies	372.52 k	-1.80 mm	-82.8%
MQBKY Macquarie Group Limited	5.99 mm	-1.58 mm	-20.9%
Arrowstreet Capital, Limited Partnership	3.03 mm	+1.51 mm	+98.8%
T. Rowe Price	4.00 mm	+1.48 mm	+58.6%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

CTSH insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
16 Dec 24	Rajesh Varrier	Class A Common Stock	Payment of exercise	Dispose F	No	No	80.06	607	48.60 k	955
15 Dec 24	Rajesh Varrier	Class A Common Stock	Option exercise	Acquire M	No	No	0	814	0.00	1,562
15 Dec 24	Rajesh Varrier	Class A Common Stock	Option exercise	Acquire M	No	No	0	748	0.00	748
15 Dec 24	Rajesh Varrier	RSU Class A Common Stock	Option exercise	Dispose M	No	No	0	814	0.00	4,070
15 Dec 24	Rajesh Varrier	RSU Class A Common Stock	Option exercise	Dispose M	No	No	0	748	0.00	5,243
9 Dec 24	Jatin P Dalal	Class A Common Stock	Sell	Dispose S	No	Yes	81	100	8.10 k	12,656
6 Dec 24	Kathryn Diaz	Class A Common Stock	Payment of exercise	Dispose F	No	No	81.145	470	38.14 k	11,758
6 Dec 24	Kathryn Diaz	Class A Common Stock	Option exercise	Acquire M	No	No	0	935	0.00	12,228
6 Dec 24	Kathryn Diaz	RSU Class A Common Stock	Option exercise	Dispose M	No	No	0	935	0.00	2,807
6 Dec 24	Jatin P Dalal	Class A Common Stock	Sell	Dispose S	No	Yes	81.1947	4,900	397.85 k	12,756