Ravi Singisetti, CEO of Cognizant Technology Solutions Corp (NASDAQ:CTSH), completed a sale of 6,728 shares of the company’s stock on August 6, 2024, according to the SEC filing. Following this transaction, the insider now owns 46,427 shares of the company’s stock.

Cognizant Technology Solutions Corp, a leading provider of information technology, consulting and business process outsourcing services, has seen numerous insider transactions over the past year. Notably, there were no insider purchases, but three insider sales, including the CEO’s most recent transaction.

On the day of the last transaction, Cognizant Technology Solutions Corp’s share price was $73.66. This valuation brings the company’s market capitalization to around $36.54 billion.

The stock’s price-to-earnings ratio is 16.79, below the industry median of 26.105 and the company’s historical median, suggesting a potentially lower valuation compared to peers and its own past performance.

According to GF Value, the intrinsic value of Cognizant Technology Solutions Corp stock is estimated at $71.72. At the current price of $73.66, the Price to GF Value ratio is 1.03, which suggests that the stock is fairly valued.

The GF value is derived from historical trading multiples such as price-to-earnings ratio, price-to-sales ratio, price-to-book ratio and price-to-free cash flow, adjusted for the company’s past performance and estimated future business results.

Insider transaction trends and valuation metrics provide a comprehensive view of the current stock status and insider confidence levels, which are critical for investors tracking insider behavior and company fundamentals.

This article created by GuruFocus is intended to provide general insights and does not constitute tailored financial advice. Our commentary is based on historical data and analyst forecasts, uses an unbiased methodology and is not intended to serve as specific investment advice. It does not contain a recommendation to buy or sell any stock and does not take into account any individual investment objectives or financial circumstances. Our goal is to provide long-term, fundamental, data-driven analysis. Note that our analysis may not include the most recent, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in any stocks mentioned here.

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