Insider Trading February 20, 2026

Conduent CEO Makes $313,720 Stock Buy as Adjusted EBITDA Strengthens

Agadi Harshavardhan V acquires 220,000 shares across two days amid mixed quarterly results

By Ajmal Hussain CNDT
Conduent CEO Makes $313,720 Stock Buy as Adjusted EBITDA Strengthens
CNDT

Conduent Inc's CEO Agadi Harshavardhan V purchased 220,000 shares in two transactions on February 18-19, 2026, totaling $313,720. The transactions occurred while the stock traded near its 52-week low and following a reported rise in adjusted EBITDA for full-year 2025, even as revenue declined. Ownership totals were updated to reflect both direct and indirect holdings.

Key Points

  • Conduent CEO Agadi Harshavardhan V purchased 220,000 shares over two days, totaling $313,720.
  • Full-year 2025 adjusted EBITDA rose to $164 million from $124 million in 2024, with a 150 basis point improvement in adjusted EBITDA margin, while revenue declined.
  • The insider buying and earnings detail may influence investor attention across equity markets and corporate governance monitoring.

Conduent Inc reported insider activity at the top of its management ranks this week when Chief Executive Officer Agadi Harshavardhan V completed two purchases of common stock totaling 220,000 shares. The acquisitions took place on February 18 and February 19, 2026, and were filed as acquisitions in regulatory disclosures.

On February 18, the CEO bought 110,000 shares at a weighted average price of $1.44, in a price range from $1.395 to $1.450, for a total value of $158,400. The following day he purchased an additional 110,000 shares at a weighted average price of $1.412, in a range from $1.385 to $1.430, for a total of $155,320. Combined, the two transactions amount to $313,720 in purchases.

Following these trades, the filing indicates that Agadi Harshavardhan V directly holds 1,796,829 shares of Conduent common stock. In addition, he has indirect holdings of 220,000 shares through the Agadi Family Irrevocable 2021 Trust account and 100,000 shares through the GHS Holdings LLC Defined Benefit Pension Plan.

The purchases occurred while the company stock changed hands at $1.59 and is noted in filings as having fallen roughly 63% over the past year, trading near a 52-week low of $1.18. An analysis included in prior reporting placed a fair value estimate at $2.04, an assessment that categorized the shares as appearing undervalued relative to that benchmark.

These insider purchases arrive shortly after Conduent released fourth-quarter and full-year 2025 results. The company reported a meaningful increase in adjusted EBITDA, with full-year adjusted EBITDA rising to $164 million from $124 million in 2024. The adjusted EBITDA margin improved by 150 basis points year-over-year. At the same time, revenue declined for the period, a contrast to the margin and profitability gains.

The company highlighted strategic efforts centered on innovation and improvements to operational efficiency. Those initiatives were noted in the earnings commentary as having attracted investor attention, and they were reflected in a positive movement in pre-market trading activity following the results. Filings and reports did not include any announcements related to mergers or acquisitions, nor did they list analyst upgrades or downgrades tied to the release. The ongoing point of focus, as disclosed, is how the companys outlined strategic initiatives will influence future financial performance.


Note: This report focuses on the insider transactions and the company's reported financials. Where details in filings are limited, the article reflects only the information disclosed by the company and in regulatory filings.

Risks

  • The stock has fallen roughly 63% over the past year and is trading near its 52-week low, indicating continued share price volatility - this impacts equity investors.
  • Revenue declined despite improvements in adjusted EBITDA and margins, creating uncertainty about the sustainability of profitability gains - this affects assessments of operating performance.
  • No updates on mergers or acquisitions and no analyst upgrades or downgrades were disclosed, leaving limited external validation of the company's strategic trajectory - this impacts investor sentiment and analyst coverage.

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