Genpact Limited (NYSE:G) SVP Piyush Mehta sold 12,500 shares of the business’s stock in a transaction on Monday, November 27th. The stock was sold at an average price of $32.00, for a total transaction of $400,000.00. Following the sale, the senior vice president now directly owns 77,944 shares in the company, valued at approximately $2,494,208. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Piyush Mehta also recently made the following trade(s):

  • On Wednesday, November 8th, Piyush Mehta sold 17,017 shares of Genpact stock. The stock was sold at an average price of $31.00, for a total transaction of $527,527.00.
  • On Thursday, October 26th, Piyush Mehta sold 20,728 shares of Genpact stock. The stock was sold at an average price of $30.00, for a total transaction of $621,840.00.

Shares of Genpact Limited (NYSE G) traded down $0.24 during trading on Friday, hitting $32.00. 2,080,000 shares of the company traded hands, compared to its average volume of 1,050,000. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 0.77. Genpact Limited has a one year low of $23.34 and a one year high of $32.45. The company has a market capitalization of $6,180.00, a PE ratio of 20.93, a price-to-earnings-growth ratio of 2.20 and a beta of 0.58.

Genpact (NYSE:G) last released its earnings results on Tuesday, November 7th. The business services provider reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.10. The business had revenue of $708.82 million for the quarter, compared to analyst estimates of $685.25 million. Genpact had a net margin of 10.18% and a return on equity of 23.86%. Genpact’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.37 earnings per share. equities research analysts anticipate that Genpact Limited will post 1.47 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 20th. Investors of record on Friday, December 8th will be issued a $0.06 dividend. The ex-dividend date of this dividend is Thursday, December 7th. This represents a $0.24 annualized dividend and a yield of 0.75%. Genpact’s payout ratio is 17.39%.

G has been the topic of several analyst reports. Zacks Investment Research raised shares of Genpact from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a research note on Tuesday, August 8th. Robert W. Baird reissued an “outperform” rating and issued a $36.00 price objective (up previously from $34.00) on shares of Genpact in a research note on Tuesday, October 10th. SunTrust Banks reissued a “buy” rating and issued a $34.00 price objective on shares of Genpact in a research note on Monday, October 9th. BMO Capital Markets reissued a “hold” rating on shares of Genpact in a research note on Friday, October 6th. Finally, Wedbush reissued an “outperform” rating and issued a $33.00 price objective on shares of Genpact in a research note on Wednesday, August 9th. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $33.38.

A number of hedge funds have recently added to or reduced their stakes in the stock. Alps Advisors Inc. lifted its holdings in Genpact by 0.3% in the second quarter. Alps Advisors Inc. now owns 20,129 shares of the business services provider’s stock valued at $560,000 after buying an additional 52 shares during the period. Bronfman E.L. Rothschild L.P. lifted its holdings in Genpact by 1.9% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 5,053 shares of the business services provider’s stock valued at $141,000 after buying an additional 94 shares during the period. Sawtooth Solutions LLC lifted its holdings in Genpact by 1.9% in the second quarter. Sawtooth Solutions LLC now owns 9,034 shares of the business services provider’s stock valued at $251,000 after buying an additional 165 shares during the period. YorkBridge Wealth Partners LLC lifted its holdings in Genpact by 5.2% in the second quarter. YorkBridge Wealth Partners LLC now owns 3,793 shares of the business services provider’s stock valued at $106,000 after buying an additional 189 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its holdings in Genpact by 7.5% in the second quarter. The Manufacturers Life Insurance Company now owns 6,508 shares of the business services provider’s stock valued at $181,000 after buying an additional 455 shares during the period. Institutional investors and hedge funds own 91.15% of the company’s stock.

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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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