Conduent Stock: Director's Major Buy Signals Confidence in Company Future
Rhea-AI Filing Summary
Conduent director Harshavardhan V. Agadi has reported significant insider trading activity on June 18, 2025. The transaction details reveal:
- Purchase of 100,000 shares of Common Stock at a weighted average price of $2.81 per share through GHS Holdings LLC Defined Benefit Pension Plan
- Total transaction value: approximately $281,000
- Following the transaction, Agadi holds: - 100,000 shares indirectly through the pension plan - 88,556 shares directly
The shares were acquired in multiple transactions with prices ranging from $2.790 to $2.810. This substantial insider purchase by a director could signal confidence in Conduent's future prospects. The transaction was reported within the required timeframe and executed through a pension plan structure, suggesting a long-term investment perspective.
Positive
- Director Harshavardhan V Agadi purchased 100,000 shares at $2.81 per share ($281,000 total) through his pension plan, representing a significant open market purchase and displaying insider confidence
Negative
- None.
Insider Trade Summary
Net Buyer: 100,000 shares
Net Buy
2 txns
Insider
Agadi Harshavardhan V
Role
Director
Bought
100,000 shs ($281K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 100,000 | $2.81 | $281K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 100,000 shares (Indirect, GHS Holdings LLC Defined Benefit Pension Plan);
Common Stock — 88,556 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.790 to $2.810, inclusive. The reporting person undertakes to provide to Conduent Incorporated (the Company), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What was the total value of CNDT insider purchase by Agadi in June 2025?
The total value of the insider purchase was approximately $281,000, calculated from 100,000 shares purchased at a weighted average price of $2.81 per share.