Capital Management Corp VA Acquires 146,688 Shares of Concentrix Corporation $CNXC

Capital Management Corp VA lifted its holdings in shares of Concentrix Corporation (NASDAQ:CNXC) by 45.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 472,681 shares of the company’s stock after purchasing an additional 146,688 shares during the quarter. Concentrix comprises approximately 3.4% of Capital Management Corp VA’s investment portfolio, making the stock its 10th biggest position. Capital Management Corp VA owned 0.76% of Concentrix worth $21,814,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CNXC. Osaic Holdings Inc. lifted its position in Concentrix by 13.4% in the second quarter. Osaic Holdings Inc. now owns 2,222 shares of the company’s stock valued at $118,000 after buying an additional 263 shares during the last quarter. Earned Wealth Advisors LLC raised its stake in shares of Concentrix by 6.4% in the 2nd quarter. Earned Wealth Advisors LLC now owns 4,488 shares of the company’s stock valued at $237,000 after acquiring an additional 269 shares during the period. True Wealth Design LLC lifted its holdings in shares of Concentrix by 39.3% in the 2nd quarter. True Wealth Design LLC now owns 1,163 shares of the company’s stock worth $61,000 after acquiring an additional 328 shares during the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of Concentrix by 23.9% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,818 shares of the company’s stock worth $96,000 after acquiring an additional 351 shares during the last quarter. Finally, California State Teachers Retirement System boosted its position in shares of Concentrix by 1.1% during the 2nd quarter. California State Teachers Retirement System now owns 36,387 shares of the company’s stock worth $1,923,000 after purchasing an additional 384 shares during the period. 90.34% of the stock is owned by institutional investors and hedge funds.

Concentrix Trading Down 3.3%

NASDAQ:CNXC opened at $37.35 on Friday. Concentrix Corporation has a 12-month low of $31.63 and a 12-month high of $66.00. The firm has a market cap of $2.30 billion, a PE ratio of -1.79, a price-to-earnings-growth ratio of 0.41 and a beta of 0.48. The company has a current ratio of 1.40, a quick ratio of 1.56 and a debt-to-equity ratio of 1.67. The stock has a fifty day moving average price of $40.08 and a 200 day moving average price of $45.30.

Concentrix (NASDAQ:CNXC) last issued its quarterly earnings results on Tuesday, January 13th. The company reported $2.95 earnings per share for the quarter, topping the consensus estimate of $2.93 by $0.02. Concentrix had a positive return on equity of 16.91% and a negative net margin of 13.02%.The company had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.54 billion. During the same quarter in the prior year, the business earned $3.26 EPS. Concentrix’s revenue was up 4.3% on a year-over-year basis. Concentrix has set its Q1 2026 guidance at 2.570-2.690 EPS and its FY 2026 guidance at 11.480-12.070 EPS. Sell-side analysts anticipate that Concentrix Corporation will post 10.11 earnings per share for the current fiscal year.

Concentrix Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 10th. Shareholders of record on Friday, January 30th will be given a $0.36 dividend. The ex-dividend date of this dividend is Friday, January 30th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 3.9%. Concentrix’s dividend payout ratio is currently -6.91%.

Analyst Ratings Changes

CNXC has been the topic of a number of research analyst reports. Weiss Ratings lowered Concentrix from a “hold (c-)” rating to a “sell (d)” rating in a research report on Thursday. Wall Street Zen downgraded Concentrix from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Robert W. Baird set a $52.00 target price on Concentrix in a research note on Wednesday, January 14th. Finally, Barrington Research reaffirmed an “outperform” rating and issued a $62.00 target price on shares of Concentrix in a research report on Monday, January 12th. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Concentrix has a consensus rating of “Hold” and an average target price of $63.75.

Concentrix Company Profile

Concentrix Inc (NASDAQ: CNXC) is a global business services company specializing in customer engagement solutions and technology‐driven business process outsourcing. The firm’s offerings encompass customer care delivered across voice and digital channels, back‐office processing, analytics and consulting, and automated workflow management. By integrating proprietary platforms, strategic partnerships and advanced automation, Concentrix helps clients enhance customer experiences and streamline operations.

Its capabilities extend to digital marketing and technology implementation, leveraging artificial intelligence, machine learning and data analytics to optimize customer journeys.