Continued Level of Significant Insider Selling at Genpact (G)

Monday, November 20, 2017 10:15 PM ET

Continued Level of Significant Insider Selling at Genpact (G)

An insider — GIC Private Ltd, Required Filer — disposed of 1,499,806 shares of Genpact having a market value of approximately $45,384,130 today, as revealed in a form 4 document filed with the SEC. There have been 5 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 17,351,918 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 18,851,724 shares and have averaged 3,141,954 shares per transaction over this time period.

Compared to its peers over the last 90 days, insider buy/sell trading at Genpact is greater than the 70-company peer group average. Business Support Services peer group saw 86 buy/sell trades during this period for an average of 1.2 transactions per company. The number of shares per buy/sell trade for Genpact insiders was also higher. Within the peer group there were 315,356 shares purchased and 18,113,255 shares sold with company insiders having sold 206,952 shares on average.

The data sourced in composing and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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