$CTSH

Cognizant (CTSH) and Axis Bank partnered to implement AMS 2.0, a structured program to enhance application management, automation, and operational efficiency. The five-year agreement focuses on key banking systems, aiming to improve service reliability, cost efficiency, and scalability. Axis Bank is a major private sector bank in India.

Alina Kerdman, SVP of Cognizant Technology Solutions Corp (CTSH), sold 134 shares on 2026-09-14 at $62.40 per share. She now owns 1,129 shares. The company has a market cap of $27.86 billion and a P/E ratio of 13.27. Insiders have predominantly sold shares over the past year, while institutional investors have shown net accumulation.

Cognizant's SVP, Controller and CAO Alina Kerdman sold 134 shares of Class A Common Stock at $62.40 per share on September 14, 2026, under a pre-arranged Rule 10b5-1 trading plan, retaining 1,129 shares.

Cognizant CFO Karen S. Catlin said AI is reshaping IT services competition, with providers needing to demonstrate technological relevance. The company expects AI to reduce workforce costs and shift spending focus. Cognizant's bookings rose 5% in the past year, with AI-assisted work reducing human effort. The company maintained its 'winner's circle' position and expects gradual margin improvements. Cognizant plans to keep its 50/25/25 capital allocation framework and is evaluating a potential Ind

Cognizant (CTSH) reported that 17 AI agents saved 11 hours per account manager weekly at a large foodservice client. The company aims to scale its AI-enabled services, but the financial impact depends on winning more business and retaining value created. CTSH plans to expand its AI workforce to 15,000. However, details on customer specifics and cost savings remain unclear.

Cognizant launched a Physical AI Platform-as-a-Service in June 2026, designed to connect physical systems with AI agents across eight sectors. The platform, called the Cognizant Intelligence Spine, aims to enable interoperability among AI agents from different vendors. According to Smart Industry, the platform includes governance features and is being implemented with several manufacturers, utilities, and automobile companies. The article also highlights the importance of integration work in dri

Cognizant (CTSH) plans to hire 1,500 U.S. graduates and expand its AI-focused workforce to 15,000, while also cutting 12,000-15,000 jobs globally. The company cites AI's potential to boost U.S. labor productivity by $4.5 trillion and economic value by $1 trillion. Hedge fund ownership of CTSH slipped from 50 to 48 funds, with short interest at 7.9% of the float.

The US Department of Labor suspended Cognizant's PERM filings, impacting the company's ability to sponsor foreign workers for green cards. This move aligns with broader US immigration policy changes, including stricter scrutiny and visa revocations. Cognizant faces uncertainty, and the action may affect its workforce and business model.

The US Department of Labour suspended Cognizant's new Green Card filings amid a probe into alleged H-1B and PERM abuse, raising concerns for Indian IT giants like TCS, Infosys, Wipro, and HCLTech. Cloudera also faces a similar freeze. The investigation is part of a broader US crackdown on employment-based immigration programmes.

Cognizant's PERM certification was suspended by the US, raising concerns for employees and analysts. The move could impact Green Card processes and talent retention, according to Pareekh Jain. Cognizant had 3,510 approved H-1B visas in FY2026, ranking sixth among US companies. The company has not yet responded to requests for comment.