Kim John Sunshin, cognizant CLO, CAO & corp secretary, sells $187k in stock

Published 03/11/2025, 12:42
© Reuters.

Cognizant Technology Solutions (NASDAQ:CTSH) CLO, CAO & Corporate Secretary, Kim John Sunshin, sold 2,500 shares of Class A Common Stock on October 29, 2025, at a price of $75.18, according to a Form 4 filing with the Securities and Exchange Commission.

The transaction amounted to $187,950. Following the sale, Sunshin directly owns 36,630 shares of Cognizant Technology Solutions.

The sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Sunshin on September 3, 2024.

In other recent news, Cognizant Technology Solutions reported impressive third-quarter 2025 earnings, surpassing analyst expectations. The company achieved earnings per share of $1.39, exceeding the forecast of $1.30, and recorded revenue of $5.42 billion, beating the expected $5.32 billion. This strong performance was highlighted by organic constant currency revenue growth accelerating approximately 80 basis points to around 4.0% year-over-year. Additionally, Cognizant improved its profitability, with an adjusted operating margin increasing 70 basis points year-over-year. Mizuho responded to these results by raising its price target for Cognizant to $85 from $84, while maintaining a Neutral rating on the stock. These developments reflect investor optimism about Cognizant’s financial health and strategic direction.

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