Syntel, Inc. (NASDAQ:SYNT) VP Ben Andradi sold 771 shares of the firm’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $25.63, for a total transaction of $19,760.73. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Ben Andradi also recently made the following trade(s):

  • On Tuesday, November 28th, Ben Andradi sold 508 shares of Syntel stock. The shares were sold at an average price of $25.68, for a total transaction of $13,045.44.
  • On Thursday, October 26th, Ben Andradi sold 176 shares of Syntel stock. The shares were sold at an average price of $23.33, for a total transaction of $4,106.08.
  • On Friday, October 20th, Ben Andradi sold 649 shares of Syntel stock. The shares were sold at an average price of $24.00, for a total transaction of $15,576.00.

Shares of Syntel, Inc. (SYNT) traded down $0.22 during trading hours on Tuesday, hitting $25.21. 459,790 shares of the stock traded hands, compared to its average volume of 521,884. Syntel, Inc. has a 12 month low of $15.82 and a 12 month high of $25.81. The company has a debt-to-equity ratio of -5.69, a quick ratio of 2.07 and a current ratio of 2.07. The firm has a market cap of $2,100.35, a PE ratio of 12.80, a price-to-earnings-growth ratio of 1.35 and a beta of 1.12.

Syntel (NASDAQ:SYNT) last issued its quarterly earnings results on Tuesday, October 17th. The information technology services provider reported $0.58 EPS for the quarter, topping the consensus estimate of $0.41 by $0.17. Syntel had a net margin of 18.64% and a negative return on equity of 137.94%. The company had revenue of $231.34 million during the quarter. During the same quarter in the prior year, the firm earned $0.63 EPS. The firm’s quarterly revenue was down 4.1% compared to the same quarter last year. sell-side analysts anticipate that Syntel, Inc. will post 1.87 EPS for the current year.

Several equities research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Syntel from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a research report on Friday, August 18th. TheStreet upgraded shares of Syntel from a “d+” rating to a “c” rating in a research report on Tuesday, October 17th. SunTrust Banks restated a “hold” rating and issued a $20.00 price objective on shares of Syntel in a research report on Tuesday, October 17th. Cowen restated a “hold” rating and issued a $18.00 price objective on shares of Syntel in a research report on Tuesday, August 22nd. Finally, Loop Capital restated a “buy” rating and issued a $28.00 price objective on shares of Syntel in a research report on Wednesday, October 18th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $23.10.

Large investors have recently modified their holdings of the company. Group One Trading L.P. grew its position in shares of Syntel by 52.2% during the 3rd quarter. Group One Trading L.P. now owns 7,287 shares of the information technology services provider’s stock worth $143,000 after buying an additional 2,498 shares during the period. UBS Asset Management Americas Inc. acquired a new stake in shares of Syntel during the 2nd quarter worth approximately $181,000. PEAK6 Investments L.P. acquired a new stake in shares of Syntel during the 3rd quarter worth approximately $223,000. Legal & General Group Plc grew its position in shares of Syntel by 8.0% during the 2nd quarter. Legal & General Group Plc now owns 11,916 shares of the information technology services provider’s stock worth $202,000 after buying an additional 881 shares during the period. Finally, Cubist Systematic Strategies LLC acquired a new position in Syntel during the third quarter valued at approximately $283,000. Institutional investors own 36.61% of the company’s stock.

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About Syntel

Syntel, Inc (Syntel) is a global provider of digital transformation, information technology (IT) and knowledge process outsourcing (KPO) services. The Company operates through five segments: Banking and Financial Services, Healthcare and Life Sciences, Insurance, Manufacturing, and Retail, Logistics and Telecom.

Insider Buying and Selling by Quarter for Syntel (NASDAQ:SYNT)

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