ExlService Holdings, Inc. (NASDAQ:EXLS) Director Sells $160,562.25 in Stock

ExlService Holdings, Inc. (NASDAQ:EXLS) Director Jaynie M. Studenmund sold 3,645 shares of the company’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $44.05, for a total value of $160,562.25. Following the transaction, the director now owns 14,580 shares of the company’s stock, valued at approximately $642,249. This trade represents a 20.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

ExlService Price Performance

Shares of EXLS stock opened at $46.21 on Friday. The stock’s fifty day moving average is $40.44 and its 200-day moving average is $35.32. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.02 and a current ratio of 3.02. The stock has a market capitalization of $7.43 billion, a PE ratio of 40.54, a PEG ratio of 2.22 and a beta of 0.99. ExlService Holdings, Inc. has a 52 week low of $27.95 and a 52 week high of $47.32.

ExlService (NASDAQ:EXLS) last announced its earnings results on Tuesday, October 29th. The business services provider reported $0.44 EPS for the quarter, topping the consensus estimate of $0.41 by $0.03. The company had revenue of $472.07 million for the quarter, compared to analysts’ expectations of $460.73 million. ExlService had a return on equity of 23.23% and a net margin of 10.61%. The business’s revenue for the quarter was up 14.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.30 earnings per share. Equities research analysts expect that ExlService Holdings, Inc. will post 1.27 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Jefferies Financial Group upgraded ExlService from a “hold” rating to a “buy” rating and upped their target price for the company from $35.00 to $42.00 in a research note on Monday, September 9th. Citigroup upped their target price on ExlService from $38.00 to $46.00 and gave the company a “buy” rating in a research note on Monday, October 14th. Needham & Company LLC upped their price target on ExlService from $40.00 to $50.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. StockNews.com upgraded ExlService from a “hold” rating to a “buy” rating in a research report on Wednesday, November 13th. Finally, JPMorgan Chase & Co. upped their price target on ExlService from $38.00 to $41.00 and gave the company an “overweight” rating in a research report on Friday, September 6th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $42.86.

Institutional Trading of ExlService

Large investors have recently made changes to their positions in the business. Geode Capital Management LLC boosted its holdings in ExlService by 3.6% in the third quarter. Geode Capital Management LLC now owns 4,326,511 shares of the business services provider’s stock valued at $165,083,000 after acquiring an additional 149,856 shares during the last quarter. M&T Bank Corp bought a new position in ExlService in the third quarter valued at about $204,000. Barclays PLC boosted its holdings in ExlService by 62.6% in the third quarter. Barclays PLC now owns 446,605 shares of the business services provider’s stock valued at $17,040,000 after acquiring an additional 171,912 shares during the last quarter. MML Investors Services LLC boosted its holdings in ExlService by 23.2% in the third quarter. MML Investors Services LLC now owns 10,415 shares of the business services provider’s stock valued at $397,000 after acquiring an additional 1,959 shares during the last quarter. Finally, Kensington Investment Counsel LLC boosted its holdings in ExlService by 2.2% in the third quarter. Kensington Investment Counsel LLC now owns 38,925 shares of the business services provider’s stock valued at $1,485,000 after acquiring an additional 841 shares during the last quarter. Institutional investors own 92.92% of the company’s stock.

ExlService Company 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.