In a filing, Genpact Ltd revealed its Senior Vice President and CHRO Mehta Piyush unloaded Company’s shares for reported $3.25 million on Nov 12 ’24. In the deal valued at $46.46 per share,70,000 shares were sold. As a result of this transaction, Mehta Piyush now holds 163,049 shares worth roughly $7.24 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Tyagarajan N. V. sold 2,000 shares, generating $93,400 in total proceeds. Upon selling the shares at $46.70, the Director now owns 5,300 shares.
Before that, Lindstrom Carol sold 3,218 shares. Genpact Ltd shares valued at $149,875 were divested by the Director at a price of $46.57 per share. As a result of the transaction, Lindstrom Carol now holds 23,602 shares, worth roughly $1.05 million.
JP Morgan upgraded its Genpact Ltd [G] rating to a Neutral from a an Underweight in a research note published on July 17, 2024; the price target was decreased to $40 from $43. A number of analysts have revised their coverage, including Mizuho’s analysts, who began to cover the stock in late January with a ‘”a Neutral”‘ rating. Robert W. Baird also remained covering G and has decreased its forecast on December 15, 2023 with a “Neutral” recommendation from previously “an Outperform” rating. JP Morgan revised its rating on August 22, 2023. It rated G as “an Underweight” which previously was an “a Neutral”.
Price Performance Review of G
On Tuesday, Genpact Ltd [NYSE:G] saw its stock fall -0.63% to $44.41. Over the last five days, the stock has lost -4.84%. Genpact Ltd shares have risen nearly 27.95% since the year began. Nevertheless, the stocks have risen 30.85% over the past one year. While a 52-week high of $47.98 was reached on 11/08/24, a 52-week low of $30.23 was recorded on 04/18/24. SMA at 50 days reached $39.97, while 200 days put it at $35.38.
Levels Of Support And Resistance For G Stock
The 24-hour chart illustrates a support level at 44.21, which if violated will result in even more drops to 44.02. On the upside, there is a resistance level at 44.66. A further resistance level may holdings at 44.91. The Relative Strength Index (RSI) on the 14-day chart is 67.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.71, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 35.93%. Stochastics %K at 66.69% indicates the stock is a holding.
How much short interest is there in Genpact Ltd?
A steep rise in short interest was recorded in Genpact Ltd stocks on 2024-10-31, growing by 0.28 million shares to a total of 5.2 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 4.92 million shares. There was a rise of 5.34%, which implies that there is a positive sentiment for the stock.
