Conduent Stock: Director's Major Buy Signals Confidence in Company Future
Filing Impact
Filing Sentiment
Form Type
4
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 ($281,000)
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)
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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.