Genpact Limited (NYSE:G – Get Free Report) SVP Sameer Dewan sold 15,088 shares of the stock in a transaction that occurred on Tuesday, January 13th. The stock was sold at an average price of $46.65, for a total value of $703,855.20. Following the transaction, the senior vice president directly owned 37,749 shares of the company’s stock, valued at approximately $1,760,990.85. This trade represents a 28.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Sameer Dewan also recently made the following trade(s):
- On Tuesday, November 11th, Sameer Dewan sold 26,531 shares of Genpact stock. The stock was sold at an average price of $44.70, for a total value of $1,185,935.70.
Genpact Price Performance
Shares of NYSE G traded down $0.58 during trading on Tuesday, hitting $46.55. 1,128,966 shares of the company were exchanged, compared to its average volume of 1,171,651. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.51 and a quick ratio of 1.51. Genpact Limited has a 1 year low of $37.49 and a 1 year high of $56.76. The company has a market cap of $8.03 billion, a price-to-earnings ratio of 15.02, a PEG ratio of 1.40 and a beta of 0.75. The firm’s fifty day moving average price is $45.82 and its 200 day moving average price is $43.89.
Analysts Set New Price Targets
Several analysts have weighed in on G shares. Wall Street Zen raised Genpact from a “hold” rating to a “buy” rating in a report on Saturday. Citigroup upgraded shares of Genpact to a “hold” rating in a research report on Thursday, October 23rd. Susquehanna initiated coverage on shares of Genpact in a report on Friday, December 12th. They set a “neutral” rating and a $50.00 target price for the company. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Genpact in a report on Friday, December 26th. Three equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $51.00.
Institutional Investors Weigh In On Genpact
Several hedge funds have recently made changes to their positions in the business. Private Trust Co. NA grew its position in shares of Genpact by 364.2% in the third quarter. Private Trust Co. NA now owns 636 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 499 shares during the period. Quent Capital LLC acquired a new stake in Genpact in the 3rd quarter worth about $27,000. Westside Investment Management Inc. grew its holdings in Genpact by 193.5% in the 3rd quarter. Westside Investment Management Inc. now owns 678 shares of the business services provider’s stock valued at $28,000 after buying an additional 447 shares during the period. iSAM Funds UK Ltd acquired a new position in shares of Genpact during the 3rd quarter valued at about $29,000. Finally, Johnson Financial Group Inc. acquired a new position in shares of Genpact during the 3rd quarter valued at about $29,000. Institutional investors and hedge funds own 96.03% of the company’s stock.
About Genpact
Genpact is a global professional services firm specializing in digitally powered business process management and services. The company partners with clients across industries to design, transform and run key operations, leveraging data analytics, artificial intelligence, automation and domain expertise. Its offerings span finance and accounting, supply chain management, procurement, customer experience, risk and compliance, and other critical business functions.
Founded in 1997 as the business process outsourcing arm of General Electric and originally known as GE Capital International Services, the company rebranded as Genpact in 2005 and completed its initial public offering on the New York Stock Exchange in 2007 under the ticker symbol “G.” Over time, Genpact has expanded beyond traditional outsourcing to focus on digital transformation and innovation, helping organizations accelerate growth and improve operational efficiency.
Headquartered in New York City, Genpact serves clients in more than 30 countries across North America, Latin America, Europe and Asia Pacific.
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