Insider transaction details
A Form 4 filing with the Securities and Exchange Commission shows Conduent Inc. director Michael Fucci purchased 60,000 shares of the company's common stock on February 19, 2026. The whole transaction carried a total value of $86,580. The per-share prices for the purchase ranged between $1.415 and $1.470, producing a weighted average price of $1.443. After the trade, Fucci is recorded as directly owning 166,102 shares of Conduent.
Market context
The insider purchase occurred while the stock has slid 63% over the past 12 months and is trading at $1.59. A subscription-based financial research platform identified the stock among names it considers most undervalued at current levels, and notes that paying subscribers can access 14 additional items of research on CNDT, including commentary on the companys debt position and its profitability outlook.
Recent financial results
Conduent released fourth-quarter and full-year 2025 results showing a material improvement in adjusted EBITDA. The company reported full-year adjusted EBITDA of $164 million, compared with $124 million in 2024. Managements adjusted EBITDA margin increased by 150 basis points year-over-year. The company recorded a decline in revenue over the period, even as its adjusted EBITDA rose.
Investor reaction and company focus
Reports of Conduents earnings and margin progress were described as being well-received by investors, with a positive tone evident in pre-market trading activity. Company statements emphasize a strategic focus on innovation and operational efficiency, which the reporting indicates are central to ongoing efforts to strengthen the firm's financial performance and operational framework.
What the filings show and what remains unchanged
The SEC Form 4 documents the exact share count, pricing band and total spent in the transaction. Beyond the quantitative details of the purchase and the companys reported adjusted EBITDA improvement, the filing does not provide additional context about the motivations behind the purchase or any future plans tied to the insider's holdings.
Note: The facts reported here are limited to the transaction details disclosed in the SEC filing, the public trading metrics noted, and the companys own reported results as described above.