Harshavardhan Agadi Buys 110,000 Shares of Conduent (NASDAQ:CNDT) Stock

Conduent Inc. (NASDAQ:CNDT) CEO Harshavardhan Agadi acquired 110,000 shares of Conduent stock in a transaction on Wednesday, February 18th. The stock was purchased at an average cost of $1.44 per share, for a total transaction of $158,400.00. Following the purchase, the chief executive officer owned 110,000 shares in the company, valued at approximately $158,400. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Conduent Stock Up 11.2%

NASDAQ CNDT opened at $1.59 on Friday. The stock has a 50 day moving average price of $1.76 and a 200-day moving average price of $2.21. Conduent Inc. has a one year low of $1.18 and a one year high of $3.94. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.64 and a current ratio of 1.64. The company has a market capitalization of $243.10 million, a P/E ratio of -1.42 and a beta of 1.31.

Conduent (NASDAQ:CNDT) last released its quarterly earnings results on Thursday, February 12th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.03). Conduent had a negative net margin of 5.59% and a negative return on equity of 7.82%. The business had revenue of $770.00 million for the quarter, compared to analysts’ expectations of $790.50 million. During the same period in the previous year, the company earned ($0.15) EPS. Conduent’s revenue for the quarter was down 3.7% compared to the same quarter last year. As a group, equities analysts predict that Conduent Inc. will post -0.34 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in CNDT. GatePass Capital LLC lifted its holdings in Conduent by 2.3% during the 2nd quarter. GatePass Capital LLC now owns 223,100 shares of the company’s stock valued at $589,000 after buying an additional 5,000 shares in the last quarter. FNY Investment Advisers LLC raised its stake in shares of Conduent by 89.7% during the third quarter. FNY Investment Advisers LLC now owns 10,920 shares of the company’s stock valued at $30,000 after acquiring an additional 5,165 shares in the last quarter. Sei Investments Co. raised its stake in shares of Conduent by 4.3% during the third quarter. Sei Investments Co. now owns 201,619 shares of the company’s stock valued at $565,000 after acquiring an additional 8,381 shares in the last quarter. HTG Investment Advisors Inc. boosted its holdings in shares of Conduent by 66.8% in the fourth quarter. HTG Investment Advisors Inc. now owns 22,474 shares of the company’s stock valued at $43,000 after purchasing an additional 9,000 shares during the period. Finally, Strs Ohio grew its stake in Conduent by 6.8% in the fourth quarter. Strs Ohio now owns 171,500 shares of the company’s stock worth $329,000 after purchasing an additional 10,900 shares in the last quarter. Hedge funds and other institutional investors own 77.28% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on CNDT. Wall Street Zen upgraded shares of Conduent from a “sell” rating to a “hold” rating in a report on Saturday. Weiss Ratings reissued a “sell (d)” rating on shares of Conduent in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Key Headlines Impacting Conduent

Here are the key news stories impacting Conduent this week:

• Positive Sentiment: CEO Harshavardhan V. Agadi purchased 110,000 shares at about $1.44 on Feb. 18 — a meaningful insider vote of confidence that signals management expects upside from current levels. CEO Form 4
• Positive Sentiment: Director Michael Fucci bought 60,000 shares at roughly $1.44, increasing his stake significantly — another management insider buy that likely lifted sentiment. Director Form 4
• Positive Sentiment: Director Hernandez Margarita Palau acquired 50,000 shares at about $1.45, further reinforcing the cluster of insider purchases that traders view as bullish. InsiderTrades Article
• Positive Sentiment: Several institutional investors increased or established stakes in recent quarters (Millennium, Miller Value Partners, Moore Capital among others), indicating growing institutional interest that can support the stock. MarketBeat Institutional Note
• Positive Sentiment: Wall Street Zen upgraded CNDT from “sell” to “hold,” a modest analyst improvement that can encourage short-term buyers. Upgrade Article
• Neutral Sentiment: Reported short-interest data for February shows an anomalous zero figure and a 0.0 days-to-cover metric — likely a data glitch and not meaningful for positioning.
• Neutral Sentiment: Analyst coverage is mixed (one Strong Buy, one Sell, Weiss Ratings reiterating Sell) with a MarketBeat consensus of “Moderate Buy,” so professional views remain split. Analyst Summary
• Negative Sentiment: Conduent reported a quarterly EPS miss on Feb. 12 (EPS -$0.09 vs. consensus -$0.06) and revenue short of estimates ($770M vs $790.5M), with negative margins and ROE — fundamentals that continue to pressure valuation and underline execution risk. Earnings Detail

Conduent Company Profile

Conduent Incorporated is a global provider of diversified business process services with a focus on delivering digital platforms and automation solutions. The company serves clients across a variety of industries including healthcare, transportation, public sector, financial services and human resources. By combining technology-enabled services with data analytics and artificial intelligence, Conduent helps organizations streamline operations, enhance customer experiences and improve overall efficiency.

Key offerings from Conduent encompass customer engagement and transaction processing, digital payment solutions, eligibility and enrollment services for health and welfare programs, and workforce management tools.