ExlService Holdings, Inc. (NASDAQ:EXLS) EVP Sells $484,823.36 in Stock

ExlService Holdings, Inc. (NASDAQ:EXLS) EVP Anita Mahon sold 10,558 shares of the firm’s stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $45.92, for a total transaction of $484,823.36. Following the sale, the executive vice president now owns 94,443 shares of the company’s stock, valued at $4,336,822.56. This represents a 10.06 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

ExlService Price Performance

EXLS traded down $0.71 on Thursday, hitting $45.41. 1,030,594 shares of the company were exchanged, compared to its average volume of 1,103,487. 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 business’s fifty day moving average is $48.46 and its 200 day moving average is $43.89. ExlService Holdings, Inc. has a fifty-two week low of $28.16 and a fifty-two week high of $52.43. The firm has a market capitalization of $7.37 billion, a P/E ratio of 39.83, a price-to-earnings-growth ratio of 2.11 and a beta of 1.10.

ExlService (NASDAQ:EXLS) last announced its quarterly earnings results on Tuesday, February 25th. The business services provider reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.08). ExlService had a net margin of 10.61% and a return on equity of 23.23%. The business had revenue of $481.43 million during the quarter, compared to analysts’ expectations of $475.68 million. As a group, sell-side analysts anticipate that ExlService Holdings, Inc. will post 1.27 EPS for the current year.

Institutional Trading of ExlService

Several institutional investors and hedge funds have recently modified their holdings of EXLS. Mather Group LLC. purchased a new position in shares of ExlService during the fourth quarter valued at approximately $25,000. Kestra Investment Management LLC acquired a new position in shares of ExlService in the 4th quarter valued at $26,000. Ashton Thomas Securities LLC acquired a new position in shares of ExlService in the 3rd quarter valued at $27,000. Huntington National Bank raised its stake in shares of ExlService by 2,827.5% in the 3rd quarter. Huntington National Bank now owns 1,171 shares of the business services provider’s stock valued at $45,000 after acquiring an additional 1,131 shares during the period. Finally, Morse Asset Management Inc purchased a new position in shares of ExlService in the 4th quarter valued at $49,000. Hedge funds and other institutional investors own 92.92% of the company’s stock.

Analyst Ratings Changes

EXLS has been the subject of several research reports. Jefferies Financial Group boosted their price target on shares of ExlService from $47.00 to $57.00 and gave the stock a “buy” rating in a research note on Tuesday, January 21st. Stifel Nicolaus boosted their price target on shares of ExlService from $48.00 to $54.00 and gave the company a “buy” rating in a research report on Thursday, February 27th. StockNews.com upgraded shares of ExlService from a “hold” rating to a “buy” rating in a research note on Sunday, February 2nd. Finally, Needham & Company LLC lifted their price objective on shares of ExlService from $50.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday, February 27th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, ExlService presently has an average rating of “Moderate Buy” and a consensus price target of $47.38.

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.