Inscription Capital LLC bought a new position in shares of Genpact Limited (NYSE:G – Free Report) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 28,801 shares of the business services provider’s stock, valued at approximately $1,206,000.
Other institutional investors have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC lifted its holdings in Genpact by 2.5% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 9,890 shares of the business services provider’s stock valued at $454,000 after purchasing an additional 240 shares in the last quarter. Sylvest Advisors LLC raised its stake in Genpact by 1.5% in the 2nd quarter. Sylvest Advisors LLC now owns 17,902 shares of the business services provider’s stock valued at $788,000 after purchasing an additional 258 shares during the last quarter. Global X Japan Co. Ltd. lifted its holdings in Genpact by 33.0% in the 3rd quarter. Global X Japan Co. Ltd. now owns 1,190 shares of the business services provider’s stock valued at $50,000 after purchasing an additional 295 shares in the last quarter. Louisiana State Employees Retirement System boosted its stake in Genpact by 0.7% during the 2nd quarter. Louisiana State Employees Retirement System now owns 45,300 shares of the business services provider’s stock worth $1,994,000 after purchasing an additional 300 shares during the last quarter. Finally, Main Management ETF Advisors LLC grew its holdings in shares of Genpact by 1.7% during the second quarter. Main Management ETF Advisors LLC now owns 20,524 shares of the business services provider’s stock worth $903,000 after buying an additional 336 shares in the last quarter. Institutional investors and hedge funds own 96.03% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on G. Citigroup raised shares of Genpact to a “hold” rating in a research note on Thursday, October 23rd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Genpact in a report on Friday, December 26th. Susquehanna assumed coverage on shares of Genpact in a report on Friday, December 12th. They issued a “neutral” rating and a $50.00 price objective on the stock. Finally, Wall Street Zen raised shares of Genpact from a “hold” rating to a “buy” rating in a research report on Saturday, January 10th. Two research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Genpact has an average rating of “Hold” and a consensus target price of $50.50.
Genpact Stock Down 2.6%
Shares of NYSE G opened at $44.73 on Wednesday. The stock has a market cap of $7.71 billion, a P/E ratio of 14.43, a PEG ratio of 1.36 and a beta of 0.75. The business’s fifty day simple moving average is $46.21 and its 200-day simple moving average is $43.92. Genpact Limited has a 12-month low of $37.49 and a 12-month high of $56.76. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.33.
Genpact (NYSE:G – Get Free Report) last issued its quarterly earnings results on Thursday, November 6th. The business services provider reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.07. The company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.27 billion. Genpact had a return on equity of 22.55% and a net margin of 11.01%.Genpact’s revenue was up 6.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.85 EPS. Genpact has set its FY 2025 guidance at 3.600-3.610 EPS and its Q4 2025 guidance at 0.930-0.940 EPS. As a group, equities analysts predict that Genpact Limited will post 3.21 EPS for the current fiscal year.
Insider Activity at Genpact
In other Genpact news, SVP Riju Vashisht sold 16,016 shares of the stock in a transaction that occurred on Tuesday, January 13th. The shares were sold at an average price of $46.65, for a total value of $747,146.40. Following the sale, the senior vice president directly owned 95,521 shares of the company’s stock, valued at approximately $4,456,054.65. This represents a 14.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Tamara Franklin sold 2,750 shares of Genpact stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $45.65, for a total transaction of $125,537.50. Following the sale, the director directly owned 22,236 shares of the company’s stock, valued at approximately $1,015,073.40. This trade represents a 11.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 60,385 shares of company stock valued at $2,762,475 over the last 90 days. 2.80% of the stock is owned by corporate insiders.
About Genpact
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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