Values First Advisors Inc. Purchases New Position in ExlService Holdings, Inc. (NASDAQ:EXLS)

Values First Advisors Inc. purchased a new position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 4,325 shares of the business services provider’s stock, valued at approximately $192,000.

Other large investors also recently made changes to their positions in the company. State Street Corp grew its stake in shares of ExlService by 1.0% during the third quarter. State Street Corp now owns 5,837,311 shares of the business services provider’s stock valued at $222,693,000 after purchasing an additional 59,196 shares during the last quarter. Geneva Capital Management LLC boosted its position in ExlService by 1.9% in the 3rd quarter. Geneva Capital Management LLC now owns 4,694,414 shares of the business services provider’s stock valued at $179,092,000 after buying an additional 87,592 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of ExlService by 3.6% in the 3rd quarter. Geode Capital Management LLC now owns 4,326,511 shares of the business services provider’s stock valued at $165,083,000 after buying an additional 149,856 shares during the period. Thrivent Financial for Lutherans raised its position in shares of ExlService by 0.8% during the third quarter. Thrivent Financial for Lutherans now owns 2,747,332 shares of the business services provider’s stock worth $104,810,000 after acquiring an additional 21,358 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of ExlService by 0.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,161,153 shares of the business services provider’s stock valued at $82,448,000 after acquiring an additional 9,775 shares during the period. Institutional investors own 92.92% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on EXLS. StockNews.com upgraded ExlService from a “hold” rating to a “buy” rating in a research report on Sunday, February 2nd. Jefferies Financial Group lifted their price target on shares of ExlService from $47.00 to $57.00 and gave the stock a “buy” rating in a research report on Tuesday, January 21st. Robert W. Baird increased their price objective on shares of ExlService from $40.00 to $44.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. Finally, Needham & Company LLC lifted their target price on shares of ExlService from $40.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. 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.com, the company has a consensus rating of “Moderate Buy” and an average target price of $45.00.

Insider Activity at ExlService

In other ExlService news, CFO Maurizio Nicolelli sold 13,753 shares of the business’s stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $49.14, for a total value of $675,822.42. Following the completion of the transaction, the chief financial officer now directly owns 194,440 shares of the company’s stock, valued at approximately $9,554,781.60. The trade was a 6.61 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Ajay Ayyappan sold 16,186 shares of the stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $51.50, for a total value of $833,579.00. Following the completion of the sale, the executive vice president now owns 40,986 shares of the company’s stock, valued at $2,110,779. This trade represents a 28.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 33,584 shares of company stock worth $1,669,964. 4.16% of the stock is currently owned by company insiders.

ExlService Stock Performance

Shares of EXLS stock opened at $50.97 on Thursday. The stock has a market cap of $8.20 billion, a PE ratio of 44.71, a price-to-earnings-growth ratio of 2.17 and a beta of 1.03. The stock has a 50-day moving average of $47.18 and a 200-day moving average of $41.95. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.02 and a quick ratio of 3.02. ExlService Holdings, Inc. has a one year low of $28.16 and a one year high of $52.43.

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.