Aristides Capital LLC Has $316,000 Stock Holdings in ExlService Holdings, Inc. (NASDAQ:EXLS)

Aristides Capital LLC increased its position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 14.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,125 shares of the business services provider’s stock after buying an additional 923 shares during the quarter. Aristides Capital LLC’s holdings in ExlService were worth $316,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mather Group LLC. acquired a new position in ExlService during the fourth quarter worth $25,000. Kestra Investment Management LLC acquired a new stake in shares of ExlService in the 4th quarter worth about $26,000. USA Financial Formulas bought a new position in ExlService in the 4th quarter valued at about $58,000. VisionPoint Advisory Group LLC acquired a new position in ExlService during the 4th quarter valued at about $58,000. Finally, UMB Bank n.a. increased its holdings in ExlService by 17.6% during the 4th quarter. UMB Bank n.a. now owns 1,926 shares of the business services provider’s stock worth $85,000 after purchasing an additional 288 shares in the last quarter. Institutional investors own 92.92% of the company’s stock.

Wall Street Analyst Weigh In

EXLS has been the subject of several recent research reports. Jefferies Financial Group upped their price target on ExlService from $47.00 to $57.00 and gave the stock a “buy” rating in a report on Tuesday, January 21st. StockNews.com upgraded shares of ExlService from a “hold” rating to a “buy” rating in a report on Sunday, February 2nd. Needham & Company LLC upped their price objective on shares of ExlService from $50.00 to $60.00 and gave the stock a “buy” rating in a research report on Thursday, February 27th. Finally, Stifel Nicolaus upped their target price on ExlService from $48.00 to $54.00 and gave the company a “buy” rating in a report on Thursday, February 27th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $48.86.

Insider Transactions at ExlService

In other ExlService news, CFO Maurizio Nicolelli sold 13,753 shares of the firm’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 sale, the chief financial officer now owns 194,440 shares of the company’s stock, valued at $9,554,781.60. This trade represents a 6.61 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Ajay Ayyappan sold 16,186 shares of the business’s 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 transaction, the executive vice president now directly 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. Over the last ninety days, insiders have sold 47,351 shares of company stock valued at $2,337,284. 4.16% of the stock is currently owned by corporate insiders.

ExlService Price Performance

Shares of NASDAQ:EXLS opened at $42.86 on Monday. The firm has a market capitalization of $6.96 billion, a PE ratio of 37.60, a P/E/G ratio of 2.11 and a beta of 0.91. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 0.37. The company has a 50-day moving average price of $48.48 and a two-hundred day moving average price of $45.19. ExlService Holdings, Inc. has a twelve month low of $28.59 and a twelve month high of $52.43.

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

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.