Genpact Limited (NYSE:G) insider Mohit Thukral sold 25,000 shares of the firm’s stock in a transaction that occurred on Friday, August 25th. The stock was sold at an average price of $28.37, for a total transaction of $709,250.00. Following the sale, the insider now owns 85,305 shares of the company’s stock, valued at approximately $2,420,102.85. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of Genpact Limited (NYSE:G) traded up 0.25% during trading on Tuesday, reaching $28.38. 973,203 shares of the company’s stock traded hands. The stock has a 50-day moving average of $28.64 and a 200-day moving average of $26.22. The company has a market capitalization of $5.47 billion, a price-to-earnings ratio of 21.44 and a beta of 0.50. Genpact Limited has a 1-year low of $22.58 and a 1-year high of $31.93.

Genpact Limited (NYSE:G) last issued its quarterly earnings data on Wednesday, August 2nd. The business services provider reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.10. The firm had revenue of $670.70 million for the quarter, compared to analyst estimates of $642.68 million. Genpact Limited had a net margin of 10.22% and a return on equity of 23.33%. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.36 earnings per share. On average, equities analysts predict that Genpact Limited will post $1.56 EPS for the current fiscal year.

The company also recently declared a special dividend, which will be paid on Thursday, September 21st. Stockholders of record on Friday, September 8th will be given a $0.06 dividend. This represents a dividend yield of 0.84%. The ex-dividend date is Thursday, September 7th. Genpact Limited’s dividend payout ratio is 18.05%.

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Institutional investors have recently added to or reduced their stakes in the stock. Bank of Montreal Can raised its position in Genpact Limited by 1.2% in the first quarter. Bank of Montreal Can now owns 117,378 shares of the business services provider’s stock worth $2,906,000 after buying an additional 1,379 shares in the last quarter. First Mercantile Trust Co. raised its position in Genpact Limited by 8.6% in the first quarter. First Mercantile Trust Co. now owns 19,697 shares of the business services provider’s stock worth $488,000 after buying an additional 1,557 shares in the last quarter. Janney Montgomery Scott LLC purchased a new position in Genpact Limited during the first quarter worth approximately $404,000. Wetherby Asset Management Inc. raised its position in Genpact Limited by 14.9% in the first quarter. Wetherby Asset Management Inc. now owns 13,828 shares of the business services provider’s stock worth $342,000 after buying an additional 1,796 shares in the last quarter. Finally, Stoneridge Investment Partners LLC raised its position in Genpact Limited by 31.5% in the first quarter. Stoneridge Investment Partners LLC now owns 69,940 shares of the business services provider’s stock worth $1,732,000 after buying an additional 16,740 shares in the last quarter. 92.16% of the stock is currently owned by institutional investors.

A number of equities analysts recently weighed in on the stock. BMO Capital Markets increased their price objective on shares of Genpact Limited from $26.00 to $30.00 and gave the stock a “market perform” rating in a research report on Thursday, August 3rd. BidaskClub cut shares of Genpact Limited from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, August 16th. Robert W. Baird reaffirmed an “outperform” rating and set a $34.00 price objective on shares of Genpact Limited in a research report on Wednesday, August 16th. Zacks Investment Research raised shares of Genpact Limited from a “hold” rating to a “buy” rating and set a $33.00 price objective for the company in a research report on Tuesday, August 8th. Finally, Wedbush reaffirmed an “outperform” rating and set a $33.00 price objective on shares of Genpact Limited in a research report on Wednesday, August 9th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Genpact Limited currently has a consensus rating of “Buy” and an average price target of $31.14.

About Genpact Limited

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 Limited (NYSE:G)

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