Arvinder Singh Sells 22,690 Shares of Genpact Limited (G) Stock

Genpact Limited (NYSE:G) insider Arvinder Singh sold 22,690 shares of the company’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $33.95, for a total value of $770,325.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Arvinder Singh also recently made the following trade(s):

  • On Friday, December 15th, Arvinder Singh sold 22,855 shares of Genpact stock. The shares were sold at an average price of $32.23, for a total value of $736,616.65.

Shares of Genpact Limited (G) traded down $1.08 during mid-day trading on Monday, hitting $32.24. The stock had a trading volume of 821,277 shares, compared to its average volume of 817,937. The stock has a market cap of $6,432.17, a P/E ratio of 24.15, a price-to-earnings-growth ratio of 2.07 and a beta of 0.57. Genpact Limited has a fifty-two week low of $23.34 and a fifty-two week high of $34.79. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.77.

Several hedge funds have recently modified their holdings of the company. Meeder Asset Management Inc. purchased a new position in Genpact in the 3rd quarter valued at approximately $128,000. Advisor Group Inc. increased its stake in Genpact by 59.8% in the 3rd quarter. Advisor Group Inc. now owns 5,017 shares of the business services provider’s stock valued at $145,000 after purchasing an additional 1,878 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in Genpact by 7.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 6,508 shares of the business services provider’s stock valued at $181,000 after purchasing an additional 455 shares in the last quarter. Verition Fund Management LLC purchased a new position in Genpact in the 2nd quarter valued at approximately $210,000. Finally, Visionary Asset Management Inc. purchased a new position in Genpact in the 3rd quarter valued at approximately $232,000. 91.99% of the stock is owned by institutional investors and hedge funds.

Several analysts have commented on the company. Zacks Investment Research downgraded Genpact from a “buy” rating to a “hold” rating in a research note on Tuesday, January 9th. Robert W. Baird reaffirmed a “buy” rating and set a $38.00 price objective on shares of Genpact in a research note on Friday, November 10th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $36.00 price objective on shares of Genpact in a research note on Wednesday, November 8th. Cowen reaffirmed a “buy” rating and set a $33.00 price objective on shares of Genpact in a research note on Thursday, October 12th. Finally, SunTrust Banks reissued a “buy” rating and set a $34.00 target price on shares of Genpact in a research note on Monday, October 9th. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $33.38.

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Genpact Company Profile

Genpact Limited is engaged in providing digitally powered business process management and services. The Company is also engaged in designing, transforming and running a combination of processes, as well as providing solutions that combine elements of its service offerings. The Company’s segments include Business process outsourcing and Information technology services.

Insider Buying and Selling by Quarter for Genpact (NYSE:G)

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