Gordon Coburn, President at COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH), sold 39,238 shares at $61.27 ($2.4M) on 2016-05-12, disclosed to the SEC on 2016-05-13.
Seasonal sale ($2.4M) by President — this insider has traded CTSH in May in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $61.56 | 15,000 | $923K | 38.3% |
| 2 | $61.27 | 12,119 | $743K | 30.8% |
| 3 | $61.27 | 12,119 | $743K | 30.8% |
| Total | $61.38 avg | 39,238 | $2.4M | 100% |
| Filing → |
| CTSH | SELL | 2015-12-07 | $927K | — | Filing → |
| CTSH | SELL | 2015-09-08 | $398K | — | Filing → |
| CTSH | SELL | 2015-06-09 | $901K | — | Filing → |