CI&T (NYSE:CINT) Director Acquires $13,111.14 in Stock

CI&T Inc. (NYSE:CINT) Director Fernando Matt Borges Martins bought 4,123 shares of the company’s stock in a transaction that occurred on Thursday, October 1st. The stock was purchased at an average price of $3.18 per share, for a total transaction of $13,111.14. Following the acquisition, the director owned 4,123 shares of the company’s stock, valued at $13,111.14. This trade represents a ? increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

CI&T Stock Performance

Shares of CINT opened at $3.21 on Monday. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.15. The firm’s fifty day simple moving average is $3.36 and its two-hundred day simple moving average is $3.79. CI&T Inc. has a 12 month low of $2.80 and a 12 month high of $5.80. The stock has a market capitalization of $432.54 million, a P/E ratio of 11.08 and a beta of 0.83.

CI&T (NYSE:CINT) last posted its quarterly earnings data on Wednesday, August 12th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.02). CI&T had a return on equity of 11.69% and a net margin of 6.79%.The business had revenue of $142.82 million during the quarter, compared to the consensus estimate of $140.05 million. As a group, analysts predict that CI&T Inc. will post 0.31 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Squarepoint Ops LLC acquired a new position in shares of CI&T during the second quarter worth approximately $43,000. Beacon Hill Wealth Management LTD. acquired a new stake in CI&T in the 2nd quarter valued at $617,000. AXQ Capital LP acquired a new stake in CI&T in the 2nd quarter valued at $74,000. Wedbush Securities Inc. increased its stake in CI&T by 118.1% during the 2nd quarter. Wedbush Securities Inc. now owns 41,600 shares of the company’s stock valued at $139,000 after purchasing an additional 22,525 shares in the last quarter. Finally, NewEdge Advisors LLC acquired a new position in CI&T during the first quarter worth $181,000. Institutional investors own 92.45% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on CINT shares. Wedbush cut CI&T from an “outperform” rating to a “neutral” rating and cut their price target for the stock from $7.00 to $4.00 in a report on Tuesday, July 21st. Zacks Research upgraded shares of CI&T from a “strong sell” rating to a “hold” rating in a research note on Monday, September 21st. TD Cowen dropped their target price on shares of CI&T from $6.00 to $5.00 and set a “buy” rating on the stock in a research report on Wednesday, August 12th. JPMorgan Chase & Co. cut their target price on shares of CI&T from $6.00 to $5.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 12th. Finally, UBS Group reduced their price target on shares of CI&T from $7.20 to $6.20 and set a “buy” rating for the company in a report on Wednesday, August 12th. Seven analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $6.08.

CI&T News Roundup

Here are the key news stories impacting CI&T this week:

• Positive Sentiment: CEO Cesar Nivaldo Gon purchased a combined 6,684 shares for approximately $20,145 across transactions on September 29 and 30, increasing his holdings by roughly 8.8%. Insider Buying: CI&T CEO Buys Stock
• Positive Sentiment: Insider and director Fernando Matt Borges Martins bought 4,123 shares for $13,111 at an average price of $3.18. Bruno Guicardi Neto also acquired 2,825 shares for approximately $8,410 across two transactions. The buying was disclosed in Securities and Exchange Commission filings. SEC Insider Ownership Filing
• Positive Sentiment: Wall Street’s overall view remains favorable: seven analysts rate CI&T Buy, three rate it Hold and one rates it Sell. The consensus price target of $6.08 is well above the recent trading range, potentially supporting investor interest.
• Neutral Sentiment: Institutional ownership is high at 92.45%, with several funds recently initiating or increasing positions. This may provide some shareholder support but does not represent a new company catalyst.
• Negative Sentiment: Recent analyst actions have been mixed. TD Cowen, UBS and JPMorgan reduced their price targets, while Wedbush downgraded the stock to Neutral and Weiss Ratings maintained a Sell rating. The latest quarterly earnings also missed the consensus earnings-per-share estimate, despite revenue exceeding expectations.

About CI&T

CI&T (NYSE:CINT) is a global technology and digital transformation services company that helps organizations modernize their operations, customer experiences and technology platforms. Its offerings include business and technology strategy, product design, software engineering, cloud modernization, data and artificial intelligence, cybersecurity, and managed technology services.

Founded in 1995 and headquartered in Campinas, Brazil, CI&T works with clients across industries such as consumer products, financial services, healthcare, manufacturing and retail.