The Senior Vice President of Syntel, Inc. (NASDAQ: SYNT) is Selling Shares

Today, the Senior Vice President of Syntel, Inc. (NASDAQ: SYNT), Raja Ray, sold shares of SYNT for $8,856.

In addition to Raja Ray, 11 other SYNT executives reported Sell trades in the last month.

Based on Syntel`s latest earnings report from June 30, the company posted quarterly revenue of $239.8M and quarterly net profit of $60.58M. In comparison, last year the company earned revenue of $228.3M and had a net profit of $59.28M. The company has a one year high of $52.99 and a one year low of $38.75. SYNT’s market cap is $3.63B and the company has a P/E ratio of 15.6%.

Based on 3 analyst ratings, the analyst consensus is Hold with an average price target of $54.00, reflecting a -20.0% downside.

Looking at blogger coverage of SYNT, there is a 100% Bullish tendency on the stock, in relation to a 67% average bullish tendency within the Technology sector.

Over the last 3 months, the insider sentiment on Syntel has been negative based on 36 corporate insider transactions. This sentiment is lower than the average sector sentiment of insiders.

Syntel Inc along with its subsidiaries is engaged in providing digital transformation, information technology, and knowledge process outsourcing services. Its services include programming, systems integration, outsourcing and overall project management.