Insider Buying in a Declining Stock: What Conduent Investors Should Know

Conduent’s latest insider filing shows Letier A. Scott purchasing 1,937 shares of common stock on February 3, 2026 at a price of $1.42 per share—slightly above the market close of $1.38. The transaction is part of a broader pattern of modest buys by Scott in January, most notably a 109,147‑share purchase on January 15 at $2.05. While the shares bought are small relative to the company’s $218 million market cap, the timing is noteworthy: the stock has been sliding for months, dropping 28.6 % month‑to‑date and 63.2 % year‑to‑date, with a 52‑week low just a few points above the purchase price.

Implications of Scott’s Buying Amid Market Weakness

Insider buying typically signals confidence in a company’s future, but in Conduent’s case the context matters. The stock’s negative price‑to‑earnings ratio and modest book value suggest persistent profitability challenges. Scott’s purchase, made at a time of high social media buzz (10.90 %) but modest positive sentiment (+10), may indicate that he believes the stock is undervalued relative to its operational fundamentals. However, the deal is small—only 0.7 % of his existing holdings—and could be viewed more as a routine portfolio adjustment than a strategic bet on a turnaround.

What Investors Might Take From the Broader Insider Activity

The company’s top executive, CEO Agadi Harshavardhan V, has been buying aggressively—over 1.7 million shares in two transactions on January 16. Such large purchases by the CEO can be interpreted as a strong endorsement of the company’s direction, yet they also raise questions about dilution and cash flow. If the CEO’s buybacks are financed by equity, shareholders may see a reduction in earnings per share, potentially widening the negative P/E gap. On the other hand, the CEO’s stake could align interests if the company improves its service contracts and revenue mix.

Profile of Letier A. Scott: A Consistent, Low‑Risk Investor

Scott’s transaction history is characterized by occasional sizeable purchases, but always within a narrow price band ($2.05–$2.36) and typically involving only a few hundred thousand shares. He has not sold any Conduent shares in the last 12 months, suggesting a long‑term horizon. His buying pattern aligns with a “buy‑and‑hold” philosophy rather than short‑term speculation. Compared to other insiders, Scott’s trades are modest in volume and price, indicating that he may be using the opportunity to add to his position as the stock trades below perceived intrinsic value.

Outlook for Conduent and Its Shareholders

With the current stock price hovering near its 52‑week low, any upside will likely require substantive operational turnaround—new contracts, cost‑cutting, or a shift into higher‑margin services. The insider activity offers a mixed signal: while the CEO’s large purchases could reflect confidence, the negative P/E and modest market cap suggest that investors should remain cautious. For those already holding shares, Scott’s recent buy may provide a small boost to ownership concentration, but for new investors it is prudent to weigh the company’s earnings volatility and the broader industry trend toward digital transformation before committing capital.

DateOwnerTransaction TypeSharesPrice per ShareSecurity
2026-02-03Letier A. Scott ()Buy1,937.001.42Common Stock