Prime broker Nomura has accumulated shares in the information technology company, according to its 13F filing for the first quarter of 2024.
Nomura opened position in Knowledge in the first quarter. The move gives Nomura ownership of a significant 13.3 million shares. by the end of the period.
This is 2.43% of his portfolio. And he is ranked seventh on the CTSH list First quarter holders. According to Whale Wisdom, Nomura’s best buy was Cignant (NASDAQ:). The website states that it is Nomura’s eighth largest holding.
CTSH reported its latest quarterly earnings in early May. The company reported first-quarter earnings of $1.12 per share, $0.01 better than analysts’ estimates of $1.11. Revenue for the quarter was $4.76 billion, above the consensus estimate of $4.72 billion.
Cgniant shares are up more than 4% over the past week. However, the stock is down 6.7% in 2024.