Cognizant, Gentherm Sign Agreement For Strategic Product Engineering Services And DevelopmentOof A New Delivery Center

6/17/24 8:04:52 AM ET

$CTSH

$THRM

EDP Services

Technology

Auto Parts:O.E.M.

Consumer Discretionary

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Agreement expected to help develop next generation of innovative products, elevate customer vehicle experiences, and improve everyday life

TEANECK, N.J., June 17, 2024 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) today announced an agreement to provide engineering services to Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems. Cognizant is providing systems engineering, validation, and model-based development services from Hyderabad, India, and has created a test facility to conduct research and development for Gentherm products.

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Recent Analyst Ratings for
$CTSH
$THRM

Company	Date	Price Target	Rating	Analyst
Gentherm Inc $THRM	2/24/2026	$41.00	Buy	Stifel
Cognizant Technology Solutions Corporation $CTSH	1/26/2026	$100.00	Hold → Buy	Deutsche Bank
Cognizant Technology Solutions Corporation $CTSH	1/22/2026	$107.00	Buy	Berenberg
Cognizant Technology Solutions Corporation $CTSH	11/21/2025		Mkt Perform → Outperform	William Blair
Cognizant Technology Solutions Corporation $CTSH	10/23/2025	$75.00	Neutral	Citigroup
Cognizant Technology Solutions Corporation $CTSH	10/22/2025	$82.00	Overweight	Wells Fargo
Cognizant Technology Solutions Corporation $CTSH	7/18/2025	$90.00	Neutral → Buy	Guggenheim
Cognizant Technology Solutions Corporation $CTSH	7/17/2025		Hold	Deutsche Bank

More analyst ratings

Cognizant, Gentherm Sign Agreement For Strategic Product Engineering Services And DevelopmentOof A New Delivery Center

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for
$CTSH
$THRM

Cognizant, Gentherm Sign Agreement For Strategic Product Engineering Services And DevelopmentOof A New Delivery Center

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for
$CTSH
$THRM

$CTSH
$THRM
Analyst Ratings

Stifel initiated coverage on Gentherm with a new price target

Cognizant Tech upgraded by Deutsche Bank with a new price target

Berenberg initiated coverage on Cognizant Tech with a new price target

$CTSH
$THRM
Press Releases

Cognizant to Present at the Morgan Stanley Technology, Media & Telecom Conference

Cognizant selected for global AI-driven workplace services transformation

Gentherm Reports 2025 Fourth Quarter and Full Year Results

$CTSH
$THRM
SEC Filings

SEC Form 425 filed by Gentherm Inc

Gentherm Inc filed SEC Form 8-K: Entry into a Material Definitive Agreement

Cognizant Technology Solutions Corporation filed SEC Form 8-K: Leadership Update

$CTSH
$THRM
Insider Trading

Chief Financial Officer Dalal Jatin P converted options into 1,964 shares and covered exercise/tax liability with 1,091 shares, increasing direct ownership by 2% to 38,461 units (SEC Form 4)

Chief Executive Officer Singisetti Ravi Kumar covered exercise/tax liability with 2,845 shares and converted options into 5,309 shares, increasing direct ownership by 3% to 80,378 units (SEC Form 4)

Chief People Officer Diaz Kathryn converted options into 744 shares and covered exercise/tax liability with 386 shares, increasing direct ownership by 2% to 18,605 units (SEC Form 4)

$CTSH
$THRM
Insider Purchases

Director Washington Kenneth E bought $47,702 worth of shares (1,700 units at $28.06), increasing direct ownership by 18% to 10,965 units (SEC Form 4)

Director Hundzinski Ronald T bought $133,350 worth of shares (5,000 units at $26.67), increasing direct ownership by 38% to 18,006 units (SEC Form 4)

SVP, General Manager, Europe Stocker Thomas bought $8,011 worth of shares (321 units at $24.96), increasing direct ownership by 2% to 20,638 units (SEC Form 4)

$CTSH
$THRM
Leadership Updates

Cognizant Among First to Sign White House Pledge to Invest in AI Education for America's Youth

Gorilla Technology Appoints AI Visionary Satish Venkatesan to Lead Americas Innovation Drive

Sleep Number Board Names Linda Findley as President and Chief Executive Officer

$CTSH
$THRM
Large Ownership Changes

Amendment: SEC Form SC 13G/A filed by Cognizant Technology Solutions Corporation

Amendment: SEC Form SC 13G/A filed by Cognizant Technology Solutions Corporation

SEC Form SC 13G filed by Cognizant Technology Solutions Corporation

$CTSH
$THRM
Financials

Gentherm Reports 2025 Fourth Quarter and Full Year Results

Gentherm Announces Date for 2025 Fourth Quarter and Year-End Results News Release and Conference Call

Cognizant Reports Fourth Quarter and Full-Year 2025 Results

Cognizant, Gentherm Sign Agreement For Strategic Product Engineering Services And DevelopmentOof A New Delivery Center

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for $CTSH$THRM

Cognizant, Gentherm Sign Agreement For Strategic Product Engineering Services And DevelopmentOof A New Delivery Center

Crush Q1 2026 with the Best AI Superconnector

Recent Analyst Ratings for $CTSH$THRM

$CTSH$THRM Analyst Ratings

Stifel initiated coverage on Gentherm with a new price target

Cognizant Tech upgraded by Deutsche Bank with a new price target

Berenberg initiated coverage on Cognizant Tech with a new price target

$CTSH$THRM Press Releases

Cognizant to Present at the Morgan Stanley Technology, Media & Telecom Conference

Cognizant selected for global AI-driven workplace services transformation

Gentherm Reports 2025 Fourth Quarter and Full Year Results

$CTSH$THRM SEC Filings

SEC Form 425 filed by Gentherm Inc

Gentherm Inc filed SEC Form 8-K: Entry into a Material Definitive Agreement

Cognizant Technology Solutions Corporation filed SEC Form 8-K: Leadership Update

$CTSH$THRM Insider Trading

Chief Financial Officer Dalal Jatin P converted options into 1,964 shares and covered exercise/tax liability with 1,091 shares, increasing direct ownership by 2% to 38,461 units (SEC Form 4)

Chief Executive Officer Singisetti Ravi Kumar covered exercise/tax liability with 2,845 shares and converted options into 5,309 shares, increasing direct ownership by 3% to 80,378 units (SEC Form 4)

Chief People Officer Diaz Kathryn converted options into 744 shares and covered exercise/tax liability with 386 shares, increasing direct ownership by 2% to 18,605 units (SEC Form 4)

$CTSH$THRM Insider Purchases

Director Washington Kenneth E bought $47,702 worth of shares (1,700 units at $28.06), increasing direct ownership by 18% to 10,965 units (SEC Form 4)

Director Hundzinski Ronald T bought $133,350 worth of shares (5,000 units at $26.67), increasing direct ownership by 38% to 18,006 units (SEC Form 4)

SVP, General Manager, Europe Stocker Thomas bought $8,011 worth of shares (321 units at $24.96), increasing direct ownership by 2% to 20,638 units (SEC Form 4)

$CTSH$THRM Leadership Updates

Cognizant Among First to Sign White House Pledge to Invest in AI Education for America's Youth

Gorilla Technology Appoints AI Visionary Satish Venkatesan to Lead Americas Innovation Drive

Sleep Number Board Names Linda Findley as President and Chief Executive Officer

$CTSH$THRM Large Ownership Changes

Amendment: SEC Form SC 13G/A filed by Cognizant Technology Solutions Corporation

Amendment: SEC Form SC 13G/A filed by Cognizant Technology Solutions Corporation

SEC Form SC 13G filed by Cognizant Technology Solutions Corporation

$CTSH$THRM Financials

Gentherm Reports 2025 Fourth Quarter and Full Year Results

Gentherm Announces Date for 2025 Fourth Quarter and Year-End Results News Release and Conference Call

Cognizant Reports Fourth Quarter and Full-Year 2025 Results

Recent Analyst Ratings for
$CTSH
$THRM

Recent Analyst Ratings for
$CTSH
$THRM

$CTSH
$THRM
Analyst Ratings

$CTSH
$THRM
Press Releases

$CTSH
$THRM
SEC Filings

$CTSH
$THRM
Insider Trading

$CTSH
$THRM
Insider Purchases

$CTSH
$THRM
Leadership Updates

$CTSH
$THRM
Large Ownership Changes

$CTSH
$THRM
Financials