Genpact (G) sees Significant Insider Sales Extending the Trend of Last Quarter

Wednesday, November 22, 2017 10:15 PM ET

Genpact (G) sees Significant Insider Sales Extending the Trend of Last Quarter

In SEC filings today Genpact reported two insiders — Bain Capital Investors Llc, 10% Owner, and David Humphrey, 10% Owner and Director — disposed of 17,000,388 shares in the company having a market value of approximately $514,431,741. There have been 3 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the disposition of 1,578,468 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 18,578,856 shares and have averaged 3,715,771 shares per transaction over this time period.

Insider buy/sell trading at Genpact is greater than the 70 peer company average over the last 90-day period. The Business Support Services peer group saw 83 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 312,856 shares purchased and 2,282,805 shares sold with company insiders disposing of 23,734 shares on average.

The data obtained in creating 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.

Today’s Insider Activity
* Bain Capital Investors Llc, 10% Owner, sold 8,500,194 shares
* David Humphrey, 10% Owner and Director, sold 8,500,194 shares

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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