Amdocs Limited (DOX) Trades at $68.90 After Triangle; Wedgewood Partners Decreased By $13.33 Million Its Cognizant Technology Solutions (CTSH) Position

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Amdocs Limited (DOX) formed triangle with $63.39 target or 8.00% below today’s $68.90 share price. Amdocs Limited (DOX) has $9.82 billion valuation. The stock decreased 0.10% or $0.07 during the last trading session, reaching $68.9. About 287,278 shares traded. Amdocs Limited (NASDAQ:DOX) has risen 4.11% since June 23, 2017 and is uptrending. It has underperformed by 8.46% the S&P500. Some Historical DOX News: 28/03/2018 – Amdocs Joins the LF Deep Learning Foundation as a Founding Member providing Data Tools, Mapping and Models to Advance Al in the Media and Communications Industry; 10/05/2018 – Amdocs to Support Safaricom’s Launch of New Digital Services with End-to-end Revenue Assurance Capabilities to Improve Customer Experience; 10/05/2018 – AMDOCS LTD SEES EXPECTS FULL YEAR FISCAL 2018 REVENUE GROWTH OF 2.3%-4.3% YEAR-OVER-YEAR AS REPORTED; 10/05/2018 – AMDOCS SEES 3Q REV. $990M TO $1.03B, EST. $992.2M; 05/03/2018 Amdocs Closes Above 50-Day Moving Average: Technicals; 10/05/2018 – AMDOCS LTD – EXPECTS FISCAL 2018 GAAP DILUTED EPS GROWTH OUTLOOK OF 0.0%-6.0% YOY; 28/03/2018 – Amdocs Joins the LF Deep Learning Foundation as a Founding Member providing Data Tools, Mapping and Models to Advance AI in the; 10/05/2018 – AMDOCS 2Q ADJ EPS 95C, EST. 95C; 10/05/2018 – KCOM Partners with Amdocs to Deliver Service-based Next Generation Network Services; 22/03/2018 – NASDAQ PROBING POTENTIAL CLEARLY ERRONEOUS TRADES IN DOX

Wedgewood Partners Inc decreased Cognizant Technology Solutions (CTSH) stake by 15.07% reported in 2018Q1 SEC filing. Wedgewood Partners Inc sold 166,622 shares as Cognizant Technology Solutions (CTSH)’s stock declined 8.67%. The Wedgewood Partners Inc holds 939,248 shares with $75.61M value, down from 1.11M last quarter. Cognizant Technology Solutions now has $46.11 billion valuation. The stock increased 1.31% or $1.02 during the last trading session, reaching $78.7. About 3.24M shares traded. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has risen 13.31% since June 23, 2017 and is uptrending. It has outperformed by 0.74% the S&P500. Some Historical CTSH News: 07/05/2018 – Cognizant Tech Solutions Had Seen 2018 Adjusted EPS at Least $4.53; 07/05/2018 – Cognizant Tech Solutions 1Q Rev $3.91B; 02/05/2018 – Cognizant Acquires Hedera Consulting, A Belgian Advisory And Analytics Company; 03/04/2018 – COGNIZANT TECHNOLOGY SOLUTIONS CORP – HIGH COURT IN CHENNAI GRANTED CO’S APPLICATION FOR A STAY OF THE ACTIONS OF INDIAN INCOME TAX DEPARTMENT; 14/03/2018 – Cognizant Launches $300 Million Accelerated Share Repurchase; 23/05/2018 – Cognizant Presenting at AllianceBernstein Conference May 30; 29/05/2018 – Cognizant Presenting at AllianceBernstein Conference Tomorrow; 27/03/2018 – India tax department freezes certain Cognizant bank accounts-report; 26/03/2018 – Cognizant Closes Above 50-Day Moving Average: Technicals; 29/03/2018 – Cognizant Named a Leader in Gartner Magic Quadrant for CRM and Customer Experience Implementation Services, Worldwide

More news for Cognizant Technology Solutions Corporation (NASDAQ:CTSH) were recently published by: Investorplace.com, which released: “20 Nasdaq-100 Stocks That Will Heat Up 2H18” on June 15, 2018. Seekingalpha.com‘s article titled: “STMicroelectronics Is Inexpensive – Cramer’s Lightning Round (6/1/18)” and published on June 04, 2018 is yet another important article.

Analysts await Cognizant Technology Solutions Corporation (NASDAQ:CTSH) to report earnings on August, 2. They expect $1.03 EPS, up 18.39% or $0.16 from last year’s $0.87 per share. CTSH’s profit will be $603.47 million for 19.10 P/E if the $1.03 EPS becomes a reality. After $0.99 actual EPS reported by Cognizant Technology Solutions Corporation for the previous quarter, Wall Street now forecasts 4.04% EPS growth.

Investors sentiment decreased to 0.97 in 2018 Q1. Its down 0.22, from 1.19 in 2017Q4. It dived, 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. Majedie Asset Management reported 1.31% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Everence Cap Mngmt stated it has 0.22% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Whittier Tru has 3,296 shares for 0.01% of their portfolio. 1.90M are held by Boston. Two Sigma Securities Ltd Liability reported 3,612 shares or 0% of all its holdings. Motley Fool Asset Mngmt has 0.06% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 5,480 shares. Public Employees Retirement Systems Of Ohio holds 0.17% or 411,148 shares. Advisory Service Ltd Limited Liability Company has 7,511 shares for 0.05% of their portfolio. Fifth Third Commercial Bank reported 16,559 shares. Suncoast Equity Management has 5.11% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Transamerica Fincl Advisors Inc has invested 1.09% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Checchi Cap Advisers Ltd Limited Liability Company owns 6,940 shares. Main Street Limited Com holds 0.03% or 3,227 shares in its portfolio. Howe & Rusling holds 423 shares. Moreover, Smithfield Co has 0.01% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 520 shares.

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. has $100.0 highest and $48 lowest target. $83.65’s average target is 6.29% above currents $78.7 stock price. Cognizant Technology Solutions Corp. had 92 analyst reports since August 6, 2015 according to SRatingsIntel. Cowen & Co maintained Cognizant Technology Solutions Corporation (NASDAQ:CTSH) on Friday, July 28 with “Buy” rating. On Wednesday, September 14 the stock rating was downgraded by CLSA to “Underperform”. On Thursday, October 12 the stock rating was maintained by Robert W. Baird with “Buy”. On Thursday, September 10 the stock rating was initiated by Suntrust Robinson with “Buy”. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has “Buy” rating given on Thursday, August 3 by BMO Capital Markets. On Friday, August 4 the stock rating was upgraded by Loop Capital to “Buy”. As per Wednesday, February 7, the company rating was maintained by KeyBanc Capital Markets. Oppenheimer maintained Cognizant Technology Solutions Corporation (NASDAQ:CTSH) on Tuesday, June 13 with “Buy” rating. The company was initiated on Friday, October 16 by Cantor Fitzgerald. Citigroup maintained it with “Neutral” rating and $75 target in Tuesday, October 31 report.

Since January 9, 2018, it had 1 buy, and 49 selling transactions for $51.94 million activity. On Friday, March 9 the insider Mehta Rajeev sold $380,621. Lennox James Patrick sold 4,614 shares worth $375,571. CHATTERJEE DEBASHIS sold $132,902 worth of stock or 1,726 shares. $85,390 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) shares were sold by Frank Malcolm. The insider RAMAKRISHNAN CHANDRASEKARAN sold $1.89 million. $150,014 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) shares were sold by McLoughlin Karen. $316,000 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) shares were sold by KRISHNASWAMY VENKAT.

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