CEO Harshavardhan buys 117.1K CNDT shares at $1.56; holdings +53.2%; stock down 63.4% YTD; unprofitable company.
CEO Agadi Harshavardhan V purchased 117,099 shares at $1.56 on 2026-02-20, increasing his holdings by 53.2% to 337,099 shares. This represents a material personal investment, with the transaction totaling $182.9K, occurring amid significant downward pressure: the stock trades at $1.51 versus a 52-week high of $4.12, representing a 63.4% decline from its peak. The timing is notable because it occurs as part of a cluster pattern—2 other insiders also bought within the past 14 days—suggesting coordinated confidence despite CONDUENT's operational challenges: the company reported a net loss of $46.0M in its latest quarter and has contracted revenue year-over-year by 9.4%, with no path to profitability in its most recent full fiscal year. However, the CEO's same-ticker purchase history at CNDT shows his prior buy on 2025-06-18 delivered only a -1.1% 90-day return, indicating a weak track record of timing at this specific stock.