Cognizant Technology Solutions Corp (NASDAQ:CTSH) held its Annual Meeting at the Company’s headquarters on Tuesday, June 3, 2014. At the close of business on April 7, 2014, the record date for the determination of stockholders entitled to vote at the Annual Meeting (the “Record Date”), there were 608,444,973 shares of the Company’s Class A Common Stock outstanding and entitled to vote at the Annual Meeting. A total of 536,522,304 shares of Class A Common Stock were present or represented by proxy at the Annual Meeting, representing approximately 88.2 percent of the Company’s outstanding shares of Class A Common Stock as of the Record Date. Cognizant Technology Solutions Corp (NASDAQ:CTSH) net profit margin is 14.00% and weekly performance is -4.86%. On last trading day company shares ended up $47.41. Analysts mean target price for the company is $56.20. Cognizant Technology Solutions Corp (NASDAQ:CTSH) distance from 50-day simple moving average (SMA50) is -2.54%.
Piper Jaffary made some very positive comments about Iron Mountain Incorporated (NYSE:IRM), the storage & information management services company. The firm made note of the fact that the United States Federal Register had published its new proposal from the Internal Revenue Service & the Treasury Department that stated that the IRS & the Treasury Department now recognize the urgent requirement to provide some additional published-guidance on what the definition of real property is. If this proposal is passed, it has the potential to change the actual definition of a REIT. This means that if IRM eventually qualifies as a REIT, it might be eligible for the tax benefits as well as the other benefits. Iron Mountain Incorporated (NYSE:IRM) shares advanced 0.13% in last trading session and ended the day on $31.00. IRM gross Margin is 57.30% and its return on assets is 1.80%.Iron Mountain Incorporated (NYSE:IRM) quarterly performance is 14.18%.
Automatic Data Processing (NASDAQ:ADP) VP Dermot J. O’brien unloaded 6,611 shares of the stock on the open market in a transaction dated Monday, June 9th. The stock was sold at an average price of $79.86, for a total transaction of $527,954.46. Following the transaction, the vice president now directly owns 19,968 shares of the company’s stock, valued at approximately $1,594,644. Automatic Data Processing (NASDAQ:ADP) shares moved up 0.72% in last trading session and was closed at $78.81, while trading in range of $78.25 – $79.07. Automatic Data Processing (NASDAQ:ADP) year to date (YTD) performance is -1.27%.
Sapient Corporation (NASDAQ:SAPE) SVP Alan M. Wexler sold 17,500 shares of the company’s stock on the open market in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $16.59, for a total value of $290,325.00. Following the completion of the sale, the senior vice president now directly owns 328,795 shares of the company’s stock, valued at approximately $5,454,709. Sapient Corporation (NASDAQ:SAPE) ended the last trading day at $16.14. Company weekly volatility is calculated as 2.34% and price to cash ratio as 8.31.Sapient Corporation (NASDAQ:SAPE) showed a negative weekly performance of -1.82%.
Guidewire Software, Inc. (NYSE:GWRE), a provider of flexible software products to Property/Casualty (P/C) insurers, on 10 June announced that it has been positioned as a “Leader” in Gartner, Inc.’s first “Magic Quadrant for Property and Casualty Insurance Claims Management Modules(1) .” Guidewire Software Inc. (NYSE:GWRE) net profit margin is -0.20% and weekly performance is -0.70%. On last trading day company shares ended up $38.16. Analysts mean target price for the company is $52.40. Guidewire Software Inc. (NYSE:GWRE) distance from 50-day simple moving average (SMA50) is -3.23%.