Signals suggest that Mantle Ridge likes Cognizant’s new leadership and supports the board’s actions. The Street may come to ...

Shares of Cognizant, which is scheduled to host its investor day later on Tuesday, rose 1.7% in early trading. It is also ...

Mantle Ridge, led by American founder and CEO Paul Hilal, began purchasing Cognizant shares in the second half of 2022 when ...

In the second half of 2022, Mantle Ridge began buying the stock which was trading in the high-50s to low-60s. Shortly after on Jan. 12, 2023, Cognizant announced a major reorganization.

Activist Commentary: Mantle Ridge was launched by Paul Hilal, a veteran activist who was a former senior partner at Pershing Square. Hilal is an incredibly experienced activist investor with a ...

Mantle Ridge has taken a more than $1 billion position in Cognizant Technology Solutions. Cognizant (CTSH) is a global IT services company specializing in digital transformation, consulting ...