Hernandez Margarita Palau Acquires 50,000 Shares of Conduent (NASDAQ:CNDT) Stock

Conduent Inc. (NASDAQ:CNDTGet Free Report) Director Hernandez Margarita Palau bought 50,000 shares of Conduent stock in a transaction on Wednesday, February 18th. The shares were purchased at an average price of $1.45 per share, for a total transaction of $72,500.00. Following the acquisition, the director directly owned 50,000 shares in the company, valued at approximately $72,500. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

Conduent Stock Up 11.2%

Shares of NASDAQ:CNDT opened at $1.59 on Friday. The firm has a market capitalization of $243.10 million, a P/E ratio of -1.42 and a beta of 1.31. 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 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 52-week low of $1.18 and a 52-week high of $3.94.

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

Institutional Trading of Conduent

Institutional investors have recently bought and sold shares of the company. AQR Capital Management LLC increased its stake in Conduent by 106.7% during the 1st quarter. AQR Capital Management LLC now owns 740,375 shares of the company’s stock valued at $1,999,000 after purchasing an additional 382,191 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Conduent by 0.6% in the first quarter. Goldman Sachs Group Inc. now owns 1,962,919 shares of the company’s stock worth $5,300,000 after buying an additional 11,428 shares in the last quarter. Caxton Associates LLP purchased a new stake in shares of Conduent during the first quarter valued at approximately $249,000. Empowered Funds LLC grew its holdings in shares of Conduent by 3.0% during the first quarter. Empowered Funds LLC now owns 864,190 shares of the company’s stock valued at $2,333,000 after buying an additional 25,515 shares during the last quarter. Finally, Jane Street Group LLC increased its position in shares of Conduent by 20.9% during the first quarter. Jane Street Group LLC now owns 397,856 shares of the company’s stock valued at $1,074,000 after acquiring an additional 68,860 shares in the last quarter. 77.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently issued reports on CNDT shares. Weiss Ratings reissued a “sell (d)” rating on shares of Conduent in a research report on Wednesday, January 21st. Wall Street Zen raised shares of Conduent from a “sell” rating to a “hold” rating in a research note on Saturday. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Stock Analysis on Conduent

Key Stories 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

(Get Free Report)

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.

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