Genpact Limited $G Shares Sold by Nordea Investment Management AB

Nordea Investment Management AB cut its holdings in Genpact Limited (NYSE:GFree Report) by 3.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,517,593 shares of the business services provider’s stock after selling 99,662 shares during the period. Nordea Investment Management AB owned about 1.44% of Genpact worth $104,153,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Private Trust Co. NA raised its position in Genpact by 364.2% during the third quarter. Private Trust Co. NA now owns 636 shares of the business services provider’s stock worth $27,000 after acquiring an additional 499 shares during the last quarter. Steph & Co. purchased a new position in shares of Genpact during the 2nd quarter worth approximately $37,000. Huntington National Bank raised its position in shares of Genpact by 208.2% during the 2nd quarter. Huntington National Bank now owns 906 shares of the business services provider’s stock worth $40,000 after purchasing an additional 612 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Genpact by 104.9% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 922 shares of the business services provider’s stock valued at $41,000 after buying an additional 472 shares in the last quarter. Finally, Amundi purchased a new stake in Genpact in the 1st quarter valued at approximately $58,000. 96.03% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

G has been the subject of a number of analyst reports. Susquehanna assumed coverage on Genpact in a report on Friday, December 12th. They issued a “neutral” rating and a $50.00 price target for the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Genpact in a research report on Friday, December 26th. Wall Street Zen upgraded shares of Genpact from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Citigroup raised shares of Genpact to a “hold” rating in a research report on Thursday, October 23rd. Three analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $51.00.

Read Our Latest Research Report on Genpact

Insider Buying and Selling at Genpact

In other Genpact news, SVP Sameer Dewan sold 26,531 shares of the business’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $44.70, for a total transaction of $1,185,935.70. Following the completion of the sale, the senior vice president owned 62,617 shares of the company’s stock, valued at approximately $2,798,979.90. The trade was a 29.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Tamara Franklin sold 2,750 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $45.65, for a total value of $125,537.50. Following the completion of the transaction, the director owned 22,236 shares in the company, 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 worth $2,762,475 in the last quarter. 2.80% of the stock is owned by insiders.

Genpact Stock Down 1.2%

G opened at $46.55 on Wednesday. Genpact Limited has a 12 month low of $37.49 and a 12 month high of $56.76. The business has a 50-day moving average of $45.82 and a two-hundred day moving average of $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 stock has a market capitalization of $8.03 billion, a price-to-earnings ratio of 15.02, a price-to-earnings-growth ratio of 1.40 and a beta of 0.75.

Genpact (NYSE:GGet Free Report) last released its earnings results on Thursday, November 6th. The business services provider reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.07. Genpact had a net margin of 11.01% and a return on equity of 22.55%. The business had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same period last year, the company earned $0.85 earnings per share. The company’s quarterly revenue was up 6.6% on a year-over-year basis. Genpact has set its FY 2025 guidance at 3.600-3.610 EPS and its Q4 2025 guidance at 0.930-0.940 EPS. On average, research analysts expect that Genpact Limited will post 3.21 earnings per share for the current year.

Genpact Profile

(Free Report)

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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Institutional Ownership by Quarter for Genpact (NYSE:G)

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