Cognizant Technology Solutio (CTSH) Market Valuation Declined While Riverpark Advisors Trimmed Position; As Worldpay (VNTV) Share Price Were Volatile, Crosslink Capital Has Raised Its Holding by $5.80 Million

August 12, 2018 - By Vernon Prom

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) Logo

Riverpark Advisors Llc decreased its stake in Cognizant Technology Solutio (CTSH) by 38.08% based on its latest 2018Q1 regulatory filing with the SEC. Riverpark Advisors Llc sold 85,500 shares as the company’s stock declined 8.67% with the market. The institutional investor held 139,000 shares of the edp services company at the end of 2018Q1, valued at $11.19 million, down from 224,500 at the end of the previous reported quarter. Riverpark Advisors Llc who had been investing in Cognizant Technology Solutio for a number of months, seems to be less bullish one the $43.84 billion market cap company. The stock decreased 0.92% or $0.7 during the last trading session, reaching $75.56. About 2.59 million shares traded. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has risen 13.31% since August 12, 2017 and is uptrending. It has outperformed by 0.74% the S&P500.

Crosslink Capital Inc increased its stake in Worldpay Inc (VNTV) by 29.48% based on its latest 2018Q1 regulatory filing with the SEC. Crosslink Capital Inc bought 70,780 shares as the company’s stock 0.00% . The hedge fund held 310,870 shares of the miscellaneous company at the end of 2018Q1, valued at $25.57M, up from 240,090 at the end of the previous reported quarter. Crosslink Capital Inc who had been investing in Worldpay Inc for a number of months, seems to be bullish on the $ market cap company. It closed at $0 lastly. It is down 0.00% since August 12, 2017 and is . It has underperformed by 12.57% the S&P500.

More news for Cognizant Technology Solutions Corporation (NASDAQ:CTSH) were recently published by: Fool.com, which released: “Why Cognizant Can’t Satisfy Its Skeptics” on August 02, 2018. Bizjournals.com‘s article titled: “By Hayley Ringle – Reporter, Phoenix Business Journal” and published on August 09, 2018 is yet another important article.

Analysts await Cognizant Technology Solutions Corporation (NASDAQ:CTSH) to report earnings on November, 7. They expect $1.07 earnings per share, up 15.05% or $0.14 from last year’s $0.93 per share. CTSH’s profit will be $620.84 million for 17.65 P/E if the $1.07 EPS becomes a reality. After $1.10 actual earnings per share reported by Cognizant Technology Solutions Corporation for the previous quarter, Wall Street now forecasts -2.73% negative EPS growth.

Since February 14, 2018, it had 1 insider purchase, and 40 selling transactions for $12.27 million activity. The insider Lennox James Patrick sold 4,710 shares worth $361,983. Middleton Sean had sold 75 shares worth $5,992 on Monday, June 18. 6,000 shares valued at $478,981 were sold by fox John nelson JR on Wednesday, February 14. CHATTERJEE DEBASHIS also sold $136,950 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) on Wednesday, February 21. 3,318 shares valued at $270,417 were sold by KRISHNASWAMY VENKAT on Friday, February 16. Another trade for 17,998 shares valued at $1.43M was sold by Mehta Rajeev.

Riverpark Advisors Llc, which manages about $2.88 billion and $519.42 million US Long portfolio, upped its stake in Macquarie Infrastructure Cor (NYSE:MIC) by 14,500 shares to 51,100 shares, valued at $1.89M in 2018Q1, according to the filing. It also increased its holding in Unitedhealth Group Inc (NYSE:UNH) by 8,386 shares in the quarter, for a total of 11,161 shares, and has risen its stake in Blackrock Inc (NYSE:BLK).

Investors sentiment decreased to 0.97 in 2018 Q1. Its down 0.22, from 1.19 in 2017Q4. It is negative, as 44 investors sold CTSH shares while 338 reduced holdings. 100 funds opened positions while 269 raised stakes. 491.22 million shares or 0.15% less from 491.94 million shares in 2017Q4 were reported. Credit Suisse Ag reported 0.08% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Dubuque Bank & Trust Tru holds 390 shares. Twin Cap Mngmt holds 0.43% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 103,340 shares. State Of New Jersey Common Pension Fund D holds 54,500 shares. Private Advisor Group Limited reported 0.02% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Alabama-based Wealthtrust has invested 0.01% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Menta Limited Liability Corporation has 0.3% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Greenleaf Trust accumulated 115,644 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt Systems stated it has 0.06% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Retirement System Of Alabama owns 280,898 shares for 0.11% of their portfolio. Martingale Asset Mngmt Limited Partnership, a Massachusetts-based fund reported 522,012 shares. Nuveen Asset Mngmt Limited Com owns 15,402 shares or 0.01% of their US portfolio. Mark Sheptoff Planning Ltd Co has 0.03% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 600 shares. Advisor Prtnrs Ltd Liability Co owns 12,519 shares for 0.19% of their portfolio. Matthews Capital Mgmt Ltd Limited Liability Company stated it has 11.06% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH).

Among 33 analysts covering Cognizant Technology Solutions Corp. (NASDAQ:CTSH), 26 have Buy rating, 1 Sell and 6 Hold. Therefore 79% are positive. Cognizant Technology Solutions Corp. had 93 analyst reports since August 6, 2015 according to SRatingsIntel. As per Thursday, August 3, the company rating was maintained by BMO Capital Markets. As per Thursday, February 8, the company rating was maintained by Cowen & Co. The rating was upgraded by Loop Capital on Friday, August 4 to “Buy”. Berenberg upgraded the stock to “Buy” rating in Tuesday, August 8 report. Morgan Stanley maintained it with “Equal-Weight” rating and $84 target in Monday, February 5 report. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) earned “Neutral” rating by Goldman Sachs on Thursday, September 15. The firm has “Sell” rating by Zacks given on Monday, August 10. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) earned “Buy” rating by Argus Research on Tuesday, August 11. The stock has “Buy” rating by Cowen & Co on Wednesday, November 1. The firm has “Hold” rating by Argus Research given on Friday, September 30.

Since March 2, 2018, it had 0 insider purchases, and 9 selling transactions for $25.45 million activity. TAYLOR MATT also sold $4.46 million worth of Vantiv, Inc. Class A (NYSE:VNTV) on Friday, March 2. $3.96 million worth of stock was sold by Heimbouch Mark L on Monday, March 19. $6.99 million worth of Vantiv, Inc. Class A (NYSE:VNTV) was sold by Drucker Charles on Monday, May 21. On Friday, March 2 Martin Kimberly sold $440,365 worth of Vantiv, Inc. Class A (NYSE:VNTV) or 5,308 shares. Another trade for 14,127 shares valued at $1.18M was sold by Thompson Christopher A. 44,283 shares valued at $3.68 million were sold by Cole Royal on Friday, March 2.

Crosslink Capital Inc, which manages about $2.09 billion and $498.50 million US Long portfolio, decreased its stake in Coupa Software Inc by 965,706 shares to 1.02 million shares, valued at $46.37 million in 2018Q1, according to the filing. It also reduced its holding in Interxion (NYSE:INXN) by 40,470 shares in the quarter, leaving it with 45,530 shares, and cut its stake in Zendesk Inc (NYSE:ZEN).

Investors sentiment decreased to 0.01 in 2018 Q1. Its down 0.95, from 0.96 in 2017Q4. It dived, as 295 investors sold VNTV shares while 0 reduced holdings. 1 funds opened positions while 1 raised stakes. 316,964 shares or 99.82% less from 177.74 million shares in 2017Q4 were reported. Crosslink accumulated 310,870 shares. 164 were reported by Catalyst Advisors Lc. Glenmede Tru Co Na has 0% invested in Vantiv, Inc. Class A (NYSE:VNTV) for 5,930 shares.

Among 38 analysts covering Vantiv Inc (NYSE:VNTV), 26 have Buy rating, 0 Sell and 12 Hold. Therefore 68% are positive. Vantiv Inc had 98 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of Vantiv, Inc. Class A (NYSE:VNTV) earned “Buy” rating by Robert W. Baird on Tuesday, October 10. The stock has “Sell” rating by Zacks on Wednesday, August 5. Stifel Nicolaus maintained the stock with “Hold” rating in Wednesday, July 5 report. The rating was maintained by Citigroup on Friday, August 11 with “Buy”. As per Thursday, January 28, the company rating was upgraded by Susquehanna. The stock of Vantiv, Inc. Class A (NYSE:VNTV) has “Buy” rating given on Wednesday, August 30 by KeyBanc Capital Markets. On Monday, July 17 the stock rating was upgraded by Guggenheim to “Buy”. The stock of Vantiv, Inc. Class A (NYSE:VNTV) earned “Hold” rating by Jefferies on Wednesday, October 11. On Thursday, June 22 the stock rating was upgraded by Wood to “Outperform”. The firm earned “Hold” rating on Wednesday, August 9 by Piper Jaffray.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) Institutional Positions Chart

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