Recent Insider Trading: Genpact Limited (G)

 


Genpact Limited (NYSE:G) insider has recently participated in insider trading activity. President and CEO, Tyagarajan N. V. sold 5,000 shares for $26.21 via one transaction Feb 18. Another notable insider trading was done by President and CEO on Feb 16, who is the President and CEO. The insider acquired 10,000 shares at an average price of $25.32. Moreover, an insider selling of 10,000 shares was carried out by Guaglianone Victor, SVP & General Counsel, on Feb 16. Following the transaction, the insider now owns 30,814 shares in total. Director Madden James C. sold 7,285 shares for $24.81 through one transaction Feb 09. Following this sale, this insider’s stake in the company comprises 5,224 shares, priced at $137861.36 as of Thursday.


The stock has experienced a total of 4 insider trades in the past three months. These trades include 4 sell activities and Zero buy trades. Furthermore, over the past 12 months, the stock was traded 44 times by insiders. In 29 of these trades, the insider was a seller while an employee of the company was the buyer in just 15 instances.


On February 17, 2016 Genpact Limited (G) announced the expansion of its service to Hong Kong and Singapore. This roll out is in addition to jurisdictional coverage in the US, UK and Australia which launched in 2014.


Standard Chartered, the UK headquartered bank with a large footprint in Asia, is supportive of kyc.com and in the process of joining the service. In addition, Deutsche Bank, HSBC, Morgan Stanley and UBS are already signed up and will be using the service to support their due diligence in the region. Over 1,500 buyside firms and corporations, representing 37,000 legal entities are also using kyc.com to simplify the provision of know your customer (KYC) and other documentation to their banks.


Kyc.com is a centralised service enabling investment managers, corporates and banks to streamline the KYC process by collecting the required documentation and data once, to create a reusable profile. With over 169,000 entities and 350,000 documents across kyc.com and Markit’s Counterparty Manager, customers benefit from validated information to determine beneficial ownership.


 

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