Insider Selling: Genpact Limited (NYSE:G) SVP Sells $792,888.60 in Stock

Genpact Limited (NYSE:G) SVP Heather White sold 15,204 shares of Genpact stock in a transaction on Tuesday, January 11th. The stock was sold at an average price of $52.15, for a total transaction of $792,888.60. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Shares of NYSE:G opened at $51.47 on Friday. The company’s 50-day moving average price is $51.24 and its two-hundred day moving average price is $50.11. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.58 and a quick ratio of 1.58. Genpact Limited has a one year low of $38.28 and a one year high of $54.03. The stock has a market capitalization of $9.68 billion, a PE ratio of 26.95, a price-to-earnings-growth ratio of 1.50 and a beta of 1.41.

Genpact (NYSE:G) last issued its quarterly earnings results on Tuesday, November 9th. The business services provider reported $0.66 EPS for the quarter, topping the consensus estimate of $0.48 by $0.18. Genpact had a net margin of 9.52% and a return on equity of 24.89%. The firm had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.01 billion. During the same period in the previous year, the firm posted $0.46 EPS. On average, analysts anticipate that Genpact Limited will post 2.11 earnings per share for the current fiscal year.

Several equities research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Genpact from $48.00 to $55.00 and gave the company a “hold” rating in a research report on Wednesday, November 10th. Robert W. Baird boosted their price objective on shares of Genpact from $58.00 to $60.00 and gave the company an “outperform” rating in a research report on Tuesday, October 19th. They noted that the move was a valuation call. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $55.80.

A number of large investors have recently modified their holdings of G. O Shaughnessy Asset Management LLC increased its stake in shares of Genpact by 102.1% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 572 shares of the business services provider’s stock worth $27,000 after purchasing an additional 289 shares during the last quarter. Brown Brothers Harriman & Co. increased its stake in shares of Genpact by 284.2% during the 2nd quarter. Brown Brothers Harriman & Co. now owns 826 shares of the business services provider’s stock worth $38,000 after purchasing an additional 611 shares during the last quarter. Rockefeller Capital Management L.P. increased its stake in shares of Genpact by 1,065.5% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 1,317 shares of the business services provider’s stock worth $59,000 after purchasing an additional 1,204 shares during the last quarter. First Horizon Advisors Inc. increased its stake in shares of Genpact by 987.9% during the 3rd quarter. First Horizon Advisors Inc. now owns 2,252 shares of the business services provider’s stock worth $70,000 after purchasing an additional 2,045 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new position in shares of Genpact during the 2nd quarter worth about $109,000. 95.90% of the stock is currently owned by hedge funds and other institutional investors.

Genpact Company Profile

Genpact Ltd. engages in the business process management, outsourcing, shared services and information outsourcing. The company operates through the following segments: Banking, Capital Markets and Insurance (BCMI), Consumer Goods, Retail, Life Sciences, and Healthcare (CGRLH) and High Tech, Manufacturing, and Services (HMS).

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