Reasons for Francisco Dsouza’s Shares Unload of Cognizant Technology Solutions (CTSH)’s Stock; Broadway Financial (BYFC)’s Sentiment Is 1.5

Broadway Financial Corporation operates as the holding firm for Broadway Federal Bank, f.s.b. that provides savings and loan business services for low to moderate income communities in Southern California. The company has market cap of $62.88 million. It accepts various deposit products, such as savings accounts, checking accounts, NOW accounts, money market accounts, and fixed-term certificates of deposit. It has a 14.23 P/E ratio. The firm also provides loan products, including multi-family mortgage, single family mortgage, commercial real estate, church, construction, commercial, and consumer loans.

As published in an electronic form submitted to the Washington-based SEC on January 12, 2018, Francisco Dsouza an insider in Cognizant Technology Solutions Corp and currently Chief Executive Officer, made a sale of shares worth $17,768,794 USD in the corporation. He sold 240,000 shares, at average $74.0 per share. The chances that this transaction stays disregarded are quite small on account of the large amount of money involved. At the moment, Francisco Dsouza owns 457,330 shares which are about 0.08% of the company’s total market cap.

Among 30 analysts covering Cognizant Technology Solutions Corp. (NASDAQ:CTSH), 23 have Buy rating, 1 Sell and 6 Hold. Therefore 77% are positive. Cognizant Technology Solutions Corp. has $93 highest and $48 lowest target. $79.52’s average target is 6.65% above currents $74.56 stock price. Cognizant Technology Solutions Corp. had 74 analyst reports since August 6, 2015 according to SRatingsIntel. Robert W. Baird maintained the shares of CTSH in report on Friday, September 8 with “Buy” rating. KeyBanc Capital Markets maintained Cognizant Technology Solutions Corporation (NASDAQ:CTSH) on Sunday, October 29 with “Buy” rating. Wedbush upgraded Cognizant Technology Solutions Corporation (NASDAQ:CTSH) rating on Friday, January 6. Wedbush has “Outperform” rating and $70 target. The company was maintained on Tuesday, June 13 by Oppenheimer. HSBC initiated the shares of CTSH in report on Friday, September 30 with “Buy” rating. The stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) earned “Buy” rating by Oppenheimer on Thursday, August 3. Barclays Capital maintained the shares of CTSH in report on Monday, October 30 with “Overweight” rating. Needham maintained the stock with “Buy” rating in Tuesday, February 9 report. CLSA downgraded the shares of CTSH in report on Wednesday, September 14 to “Underperform” rating. The rating was downgraded by Goldman Sachs to “Neutral” on Thursday, September 15.

Investors sentiment increased to 1.03 in 2017 Q3. Its up 0.27, from 0.76 in 2017Q2. It is positive, as 37 investors sold Cognizant Technology Solutions Corporation shares while 296 reduced holdings. 99 funds opened positions while 244 raised stakes. 487.81 million shares or 3.03% less from 503.05 million shares in 2017Q2 were reported. Aperio Lc has 0.14% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Fcm Tx holds 6.34% or 73,707 shares in its portfolio. Highstreet Asset Management stated it has 14,149 shares or 0.1% of all its holdings. Lucus Advsrs Limited Com has 7,510 shares. Parnassus Ca has 0.12% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Panagora Asset Mngmt reported 0.01% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Walleye Trading Ltd Limited Liability Company accumulated 13,046 shares or 0% of the stock. Md Sass Investors reported 24,400 shares stake. Royal Comml Bank Of Canada reported 0.03% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). First Quadrant Ltd Partnership Ca reported 0% of its portfolio in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). First Interstate Bancshares accumulated 1,426 shares or 0.02% of the stock. Cap One Association has 0.03% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 5,894 shares. Motley Fool Wealth Mngmt Limited Liability holds 95,534 shares. 31,804 were reported by Bridges Investment Management Incorporated. Alpha Windward Lc holds 0.07% or 1,470 shares.

Since August 4, 2017, it had 0 buys, and 33 sales for $25.05 million activity. CHINTAMANENI RAMAKRISHNA PRASAD sold $393,264 worth of stock. Kandiah Gajakarnan Vibushanan sold $216,543 worth of stock or 3,000 shares. 2,500 shares were sold by Veeraraghavachary Srinivasan, worth $177,500 on Friday, August 4. 479 shares were sold by Middleton Sean, worth $34,205. Another trade for 34,437 shares valued at $2.50 million was made by Mehta Rajeev on Tuesday, September 12. 12,368 shares were sold by Breakiron-Evans Maureen, worth $862,011 on Monday, August 7. On Tuesday, October 10 GOMATAM SUMITHRA sold $592,000 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) or 8,000 shares.

Analysts await Cognizant Technology Solutions Corporation (NASDAQ:CTSH) to report earnings on February, 14. They expect $0.88 earnings per share, up 15.79% or $0.12 from last year’s $0.76 per share. CTSH’s profit will be $518.89M for 21.18 P/E if the $0.88 EPS becomes a reality. After $0.93 actual earnings per share reported by Cognizant Technology Solutions Corporation for the previous quarter, Wall Street now forecasts -5.38% negative EPS growth.

Cognizant Technology Solutions Corporation provides information technology , activities and technology consulting, infrastructure, and business process services worldwide. The company has market cap of $43.96 billion. The firm operates through four divisions: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other. It has a 23.11 P/E ratio. The Company’s consulting and technology services include strategy consulting, business and activities consulting, technology strategy and change management, and program management consulting services; application design and development; systems integration; and application testing, consulting, and engineering services, as well as enterprise information management services.

The stock increased 0.74% or $0.55 during the last trading session, reaching $74.56. About 3.22M shares traded. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has risen 5.50% since January 13, 2017 and is uptrending. It has underperformed by 11.20% the S&P500.