GHP Investment Advisors Inc. Has $8.57 Million Holdings in ExlService Holdings, Inc. (NASDAQ:EXLS)

GHP Investment Advisors Inc. raised its position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 3.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 193,084 shares of the business services provider’s stock after buying an additional 6,928 shares during the period. GHP Investment Advisors Inc. owned about 0.12% of ExlService worth $8,569,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Mather Group LLC. bought a new stake in ExlService during the 4th quarter worth about $25,000. Ashton Thomas Securities LLC acquired a new position in shares of ExlService during the third quarter worth approximately $27,000. Huntington National Bank grew its stake in shares of ExlService by 2,827.5% during the third quarter. Huntington National Bank now owns 1,171 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 1,131 shares during the last quarter. USA Financial Formulas acquired a new stake in shares of ExlService in the fourth quarter valued at approximately $58,000. Finally, UMB Bank n.a. increased its holdings in shares of ExlService by 29.7% in the third quarter. UMB Bank n.a. now owns 1,638 shares of the business services provider’s stock valued at $62,000 after purchasing an additional 375 shares in the last quarter. Institutional investors and hedge funds own 92.92% of the company’s stock.

ExlService Stock Performance

Shares of EXLS stock opened at $51.72 on Thursday. The stock has a 50-day moving average of $46.67 and a 200-day moving average of $41.36. ExlService Holdings, Inc. has a one year low of $28.16 and a one year high of $51.84. The stock has a market cap of $8.32 billion, a PE ratio of 45.37, a price-to-earnings-growth ratio of 2.10 and a beta of 1.03. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.02 and a quick ratio of 3.02.

Insider Buying and Selling at ExlService

In other ExlService news, Director Jaynie M. Studenmund sold 3,645 shares of ExlService stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $44.05, for a total transaction of $160,562.25. Following the transaction, the director now directly owns 14,580 shares in the company, valued at approximately $642,249. The trade was a 20.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Rohit Kapoor sold 100,000 shares of the stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $45.66, for a total value of $4,566,000.00. Following the completion of the sale, the chief executive officer now owns 789,645 shares of the company’s stock, valued at $36,055,190.70. This trade represents a 11.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 217,398 shares of company stock valued at $10,089,385. Corporate insiders own 4.16% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on the company. StockNews.com upgraded ExlService from a “hold” rating to a “buy” rating in a research report on Sunday. Jefferies Financial Group raised their price target on ExlService from $47.00 to $57.00 and gave the company a “buy” rating in a report on Tuesday, January 21st. Needham & Company LLC boosted their price objective on ExlService from $40.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Citigroup upped their target price on shares of ExlService from $38.00 to $46.00 and gave the company a “buy” rating in a research report on Monday, October 14th. Finally, Robert W. Baird lifted their price target on shares of ExlService from $40.00 to $44.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, ExlService has a consensus rating of “Moderate Buy” and an average target price of $45.00.

About ExlService

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.