Signals suggest that Mantle Ridge likes Cognizant’s new leadership and supports the board’s actions. The Street may come to appreciate the stock.

According to The Wall Street Journal, activist investor Mantle Ridge has built a $1 billion+ stake in Cognizant Technology Solutions ($CTSH), ...

Activist investor Mantle Ridge has built a more than $1 billion stake in Cognizant Technology Solutions and believes shares of the tech-services firm are undervalued, according to people familiar ...

Cognizant Technology Solutions is enhancing shareholder value by expanding its share buyback program by $2 billion.

Cognizant Technology said on Tuesday its board has approved a $2 billion increase to the IT consulting company's current ...

Shares in IT group Cognizant (CTSH) climbed higher today as it cheered investors with a share buyback bonanza and a deepening ...

Consulting and technology company Cognizant (CTSH) announced on Tuesday a $2B increase to its existing share repurchase ...

In the second half of 2022, Mantle Ridge began buying the stock which was trading in the high-50s to low-60s. Shortly after on Jan. 12, 2023, Cognizant announced a major reorganization.

Mantle Ridge has taken a more than $1 billion position in Cognizant Technology Solutions. Cognizant (CTSH) is a global IT services company specializing in digital transformation, consulting ...