Conduent (CNDT) reported second-quarter 2026 revenue of $531 million from continuing operations, down from $603 million a year earlier. The company posted a GAAP net loss of $116 million, compared with a net loss of $40 million in Q2 2025.
Conduent said it signed divestiture agreements expected to generate $234 million in gross proceeds, including sales of its Public Transit and Tolling businesses. The company maintained a fiscal 2026 revenue outlook of $2.15 billion to $2.25 billion.
- Q2 2026 revenue was $531 million, down 11.9% year over year.
- GAAP net loss was $116 million, versus a $40 million loss in the prior-year quarter.
- Basic and diluted net loss per share were both $0.76.
- Adjusted EBITDA from continuing operations was $16 million, with a 3.0% margin.
- New business signings annual contract value from continuing operations was $99 million.
- Cash flow from operating activities was $7 million, compared with a $15 million use of cash a year earlier.
$CNDT Insider Trading Activity
$CNDT insiders have traded $CNDT stock on the open market 5 times in the past 6 months. Of those trades, 5 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $CNDT stock by insiders over the last 6 months:
- HARSHAVARDHAN V AGADI (Chief Executive Officer) has made 3 purchases buying 337,099 shares for an estimated $496,628 and 0 sales.
- MICHAEL FUCCI purchased 60,000 shares for an estimated $86,580
- HERNANDEZ MARGARITA PALAU purchased 50,000 shares for an estimated $72,650
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$CNDT Hedge Fund Activity
We have seen 79 institutional investors add shares of $CNDT stock to their portfolio, and 88 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MILLER VALUE PARTNERS, LLC added 4,440,545 shares (+79.5%) to their portfolio in Q1 2026, for an estimated $5,683,897
- KENNEDY CAPITAL MANAGEMENT LLC added 1,820,349 shares (+inf%) to their portfolio in Q1 2026, for an estimated $2,330,046
- POTOMAC CAPITAL MANAGEMENT, INC. removed 1,545,619 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $1,978,392
- AQR CAPITAL MANAGEMENT LLC added 821,093 shares (+107.8%) to their portfolio in Q1 2026, for an estimated $1,050,999
- MORGAN STANLEY removed 794,050 shares (-38.7%) from their portfolio in Q1 2026, for an estimated $1,016,384
- CITADEL ADVISORS LLC removed 638,397 shares (-77.2%) from their portfolio in Q1 2026, for an estimated $817,148
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC removed 632,404 shares (-8.9%) from their portfolio in Q1 2026, for an estimated $809,477
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
