V Square Quantitative Management LLC Buys 2,538 Shares of ExlService Holdings, Inc. (NASDAQ:EXLS)

V Square Quantitative Management LLC increased its holdings in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 33.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,020 shares of the business services provider’s stock after acquiring an additional 2,538 shares during the period. V Square Quantitative Management LLC’s holdings in ExlService were worth $445,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in EXLS. Chartwell Investment Partners LLC lifted its position in shares of ExlService by 0.8% during the third quarter. Chartwell Investment Partners LLC now owns 31,353 shares of the business services provider’s stock worth $1,196,000 after purchasing an additional 254 shares in the last quarter. UMB Bank n.a. raised its stake in shares of ExlService by 17.6% during the fourth quarter. UMB Bank n.a. now owns 1,926 shares of the business services provider’s stock worth $85,000 after buying an additional 288 shares during the last quarter. Dakota Wealth Management raised its stake in shares of ExlService by 5.0% during the fourth quarter. Dakota Wealth Management now owns 6,497 shares of the business services provider’s stock worth $288,000 after buying an additional 311 shares during the last quarter. Quantinno Capital Management LP raised its stake in shares of ExlService by 2.3% during the third quarter. Quantinno Capital Management LP now owns 15,658 shares of the business services provider’s stock worth $597,000 after buying an additional 359 shares during the last quarter. Finally, Pathstone Holdings LLC raised its stake in shares of ExlService by 0.8% during the third quarter. Pathstone Holdings LLC now owns 49,950 shares of the business services provider’s stock worth $1,906,000 after buying an additional 405 shares during the last quarter. 92.92% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on EXLS shares. Robert W. Baird upped their target price on shares of ExlService from $40.00 to $44.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. StockNews.com raised shares of ExlService from a “hold” rating to a “buy” rating in a research note on Sunday, February 2nd. Needham & Company LLC upped their target price on shares of ExlService from $40.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Finally, Jefferies Financial Group upped their target price on shares of ExlService from $47.00 to $57.00 and gave the company a “buy” rating in a research note on Tuesday, January 21st. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $45.00.

ExlService Stock Down 0.9 %

Shares of EXLS stock opened at $50.93 on Friday. The firm has a fifty day moving average of $47.37 and a 200-day moving average of $42.18. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 0.37. ExlService Holdings, Inc. has a 12-month low of $28.16 and a 12-month high of $52.43. The company has a market capitalization of $8.19 billion, a price-to-earnings ratio of 44.68, a P/E/G ratio of 2.17 and a beta of 1.03.

Insider Transactions at ExlService

In related news, Director Jaynie M. Studenmund sold 3,645 shares of the stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $44.05, for a total transaction of $160,562.25. Following the completion of the transaction, the director now owns 14,580 shares in the company, valued at approximately $642,249. This represents a 20.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Ajay Ayyappan sold 16,186 shares of the stock in a transaction on Monday, February 10th. The stock was sold at an average price of $51.50, for a total transaction of $833,579.00. Following the transaction, the executive vice president now owns 40,986 shares of the company’s stock, valued at $2,110,779. The trade was a 28.31 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 33,584 shares of company stock valued at $1,669,964 over the last quarter. Corporate insiders own 4.16% of the company’s stock.

ExlService Profile

ExlService Holdings, Inc operates as a data analytics, and digital operations and solutions company in the United States and internationally. The company operates through Insurance, Healthcare, Analytics, and Emerging Business segments. It also provides digital operations and solutions and analytics-driven services, such as claims processing, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business acquisition, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer service using digital technology, artificial intelligence, machine learning, and advanced automation; digital customer acquisition services using a software-as-a-service delivery model through LifePRO and LISS platforms; subrogation services; and Subrosource software platform, an end-to-end subrogation platform.