---
title: "Mantle Ridge Said to Build $1 Billion-Plus Cognizant Stake (Bloomberg) -- Activist investor Mantle Ridge has built a stake of more than $1 billion in the technology services firm Cognizant Technology Solutions Corp., according to a person familiar with the matter.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gaug"
description: "Activist investor Mantle Ridge has acquired a stake exceeding $1 billion in Cognizant Technology Solutions Corp. They are advocating for improved profit margins but do not plan to nominate directors t"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/231058408.md"
published_at: "2025-03-08T00:42:51.000Z"
---

# Mantle Ridge Said to Build $1 Billion-Plus Cognizant Stake (Bloomberg) -- Activist investor Mantle Ridge has built a stake of more than $1 billion in the technology services firm Cognizant Technology Solutions Corp., according to a person familiar with the matter.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gaug

> Activist investor Mantle Ridge has acquired a stake exceeding $1 billion in Cognizant Technology Solutions Corp. They are advocating for improved profit margins but do not plan to nominate directors to the board. Cognizant's shares rose 5.1% in late trading, closing at $83.23, with a market value of approximately $41 billion.

(Bloomberg) -- Activist investor Mantle Ridge has built a stake of more than $1 billion in the technology services firm Cognizant Technology Solutions Corp., according to a person familiar with the matter.

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Mantle Ridge, which isn’t planning to nominate directors to Cognizant’s board, is pushing the company to improve its margins, said the person, who asked not to be identified because the information wasn’t public.

Representatives for New Jersey-based Cognizant didn’t immediately respond to requests for comment on Mantle Ridge’s stake, which was reported earlier by the Wall Street Journal. A spokesperson for Mantle Ridge declined to comment.

Shares of Cognizant, which had gained 7.4% in the past year, rose 5.1% in late trading in New York. They closed regular trading earlier Friday at $83.23, giving the company a market value of about $41 billion.

\--With assistance from Brody Ford.

(Updates with details in second paragraph)

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©2025 Bloomberg L.P.

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.