Genpact Limited SVP Unloads $653,767 in Stock (G)
Genpact Limited (NYSE:G) SVP Mohit Thukral unloaded 38,232 shares of the company’s stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $17.10, for a total transaction of $653,767.20. Following the completion of the transaction, the senior vice president now directly owns 51,001 shares in the company, valued at approximately $872,117. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Genpact Limited (NYSE:G) traded down 0.47% during mid-day trading on Thursday, hitting $17.07. The stock had a trading volume of 583,187 shares. Genpact Limited has a one year low of $13.68 and a one year high of $21.30. The stock has a 50-day moving average of $16.95 and a 200-day moving average of $17.13. The company has a market cap of $3.688 billion and a P/E ratio of 17.52.
Genpact Limited (NYSE:G) last released its earnings data on Monday, May 5th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.01. The company had revenue of $528.20 million for the quarter, compared to the consensus estimate of $527.07 million. During the same quarter in the previous year, the company posted $0.23 earnings per share. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. Analysts expect that Genpact Limited will post $1.04 EPS for the current fiscal year.
A number of analysts have recently weighed in on G shares. Analysts at Zacks upgraded shares of Genpact Limited from a “neutral” rating to an “outperform” rating in a research note on Tuesday, May 13th. They now have a $18.50 price target on the stock. Separately, analysts at Morgan Stanley reiterated an “equal weight” rating on shares of Genpact Limited in a research note on Tuesday, May 6th. They now have a $18.00 price target on the stock. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $17.79.
Genpact Limited (NYSE:G) is engaged in business process management and information technology services, leveraging the power of processes, analytics and technology to help its clients drive intelligence across their enterprises.
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