Genpact Limited (NYSE:G – Get Free Report) SVP Sameer Dewan sold 15,088 shares of Genpact stock in a transaction on Tuesday, January 13th. The shares were sold at an average price of $46.65, for a total value of $703,855.20. Following the transaction, the senior vice president owned 37,749 shares in the company, valued at $1,760,990.85. This represents a 28.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Sameer Dewan also recently made the following trade(s):
- On Tuesday, November 11th, Sameer Dewan sold 26,531 shares of Genpact stock. The shares were sold at an average price of $44.70, for a total value of $1,185,935.70.
Genpact Price Performance
Shares of G opened at $46.55 on Wednesday. The business’s 50-day moving average is $45.82 and its 200-day moving average is $43.89. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.51 and a quick ratio of 1.51. The company has a market capitalization of $8.03 billion, a price-to-earnings ratio of 15.02, a P/E/G ratio of 1.40 and a beta of 0.75. Genpact Limited has a fifty-two week low of $37.49 and a fifty-two week high of $56.76.
Hedge Funds Weigh In On Genpact
Several hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP increased its holdings in shares of Genpact by 8.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,978,210 shares of the business services provider’s stock valued at $166,651,000 after acquiring an additional 319,861 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Genpact by 17.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,762,407 shares of the business services provider’s stock worth $157,609,000 after purchasing an additional 549,117 shares during the last quarter. Geode Capital Management LLC boosted its position in Genpact by 2.5% during the second quarter. Geode Capital Management LLC now owns 3,645,967 shares of the business services provider’s stock worth $160,480,000 after purchasing an additional 90,541 shares during the period. AQR Capital Management LLC grew its holdings in Genpact by 170.4% during the third quarter. AQR Capital Management LLC now owns 3,443,472 shares of the business services provider’s stock valued at $144,247,000 after purchasing an additional 2,170,145 shares during the last quarter. Finally, Tandem Investment Advisors Inc. grew its holdings in Genpact by 13.6% during the third quarter. Tandem Investment Advisors Inc. now owns 2,936,194 shares of the business services provider’s stock valued at $122,997,000 after purchasing an additional 351,871 shares during the last quarter. 96.03% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on the stock. Wall Street Zen raised shares of Genpact from a “hold” rating to a “buy” rating in a research note on Saturday. Citigroup upgraded Genpact to a “hold” rating in a research note on Thursday, October 23rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Genpact in a research note on Friday, December 26th. Finally, Susquehanna started coverage on Genpact in a report on Friday, December 12th. They set a “neutral” rating and a $50.00 price target for the company. Three investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $51.00.
View Our Latest Analysis on Genpact
Genpact Company Profile
Genpact is a global professional services firm specializing in digitally powered business process management and services. The company partners with clients across industries to design, transform and run key operations, leveraging data analytics, artificial intelligence, automation and domain expertise. Its offerings span finance and accounting, supply chain management, procurement, customer experience, risk and compliance, and other critical business functions.
Founded in 1997 as the business process outsourcing arm of General Electric and originally known as GE Capital International Services, the company rebranded as Genpact in 2005 and completed its initial public offering on the New York Stock Exchange in 2007 under the ticker symbol “G.” Over time, Genpact has expanded beyond traditional outsourcing to focus on digital transformation and innovation, helping organizations accelerate growth and improve operational efficiency.
Headquartered in New York City, Genpact serves clients in more than 30 countries across North America, Latin America, Europe and Asia Pacific.
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