TEANECK, NJ (MMD Newswire) January 27, 2012 -- Chandrasekaran Ramakrishnan sold 5,000 shares of Cognizant Technology Solutions Corp stock, or $355,300 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on January 24, 2012.

After the transaction, Chandrasekaran Ramakrishnan's stake was reported as 78,083 shares of Cognizant Technology Solutions Corp stock (a 6% decrease from before the transaction took place). In addition, Chandrasekaran Ramakrishnan performed several other transactions, including using transaction codes 'M' (exercise, usually of options). Chandrasekaran Ramakrishnan's title was listed as "Pres. & MD, Global Delivery" at Cognizant Technology Solutions Corp within the filing.

As noted on January 26, 2012, Chandrasekaran Ramakrishnan's sale was done directly over 1 transaction on January 24, 2012. The share price for the transaction was $71.06 according to the regulatory filing detailing the trade.

If we look over the past 12 months, Chandrasekaran Ramakrishnan has sold a total of 76,000 shares of Cognizant Technology Solutions Corp, proceeds from the sale totaled $5,319,850. Over the same time period, Chandrasekaran Ramakrishnan has purchased no shares of Cognizant Technology Solutions Corp stock. Chandrasekaran Ramakrishnan has also performed other transactions including grants or awards , payment of tax liabilites , and exercise of options .

Let's take a quick, high-level look at insider trading at Cognizant Technology Solutions Corp over the past 12 months. A total of 248,593 shares of Cognizant Technology Solutions Corp stock was sold by insiders, totaling $18,654,610. Over the same time 12 month time period, no shares of Cognizant Technology Solutions Corp were purchased by company insiders.