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Insider Buying: Conduent (NASDAQ:CNDT) CEO Acquires 117,099 Shares of Stock
Conduent (NASDAQ:CNDT) CEO Harshavardhan Agadi recently purchased 117,099 shares of the company’s stock for $182,674, increasing his stake by 53.23%. This insider buying occurred shortly after Conduent missed its quarterly earnings and revenue expectations, causing the stock to drop by approximately 5%. Despite mixed analyst sentiment, institutional investors hold a significant portion of the company’s shares.