ExlService Holdings, Inc. (NASDAQ:EXLS) EVP Sells $252,942.30 in Stock

ExlService Holdings, Inc. (NASDAQ:EXLS) EVP Ajay Ayyappan sold 4,989 shares of the business’s stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $50.70, for a total transaction of $252,942.30. Following the completion of the transaction, the executive vice president now directly owns 40,986 shares of the company’s stock, valued at $2,077,990.20. This trade represents a 10.85 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Ajay Ayyappan also recently made the following trade(s):

• On Monday, February 10th, Ajay Ayyappan sold 16,186 shares of ExlService stock. The shares were sold at an average price of $51.50, for a total transaction of $833,579.00.

ExlService Trading Down 4.8 %

Shares of NASDAQ:EXLS opened at $48.00 on Friday. The company’s 50-day moving average price is $47.79 and its two-hundred day moving average price is $42.70. 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. The stock has a market capitalization of $7.72 billion, a PE ratio of 42.11, a price-to-earnings-growth ratio of 2.17 and a beta of 1.03.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on EXLS. Jefferies Financial Group boosted their price target on shares of ExlService from $47.00 to $57.00 and gave the company a “buy” rating in a report on Tuesday, January 21st. StockNews.com raised shares of ExlService from a “hold” rating to a “buy” rating in a research note on Sunday, February 2nd. Robert W. Baird upped their target price on shares of ExlService from $40.00 to $44.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Finally, Needham & Company LLC upped their target price on shares of ExlService from $40.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $45.00.

Institutional Investors Weigh In On ExlService

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Envestnet Portfolio Solutions Inc. lifted its position in ExlService by 1.5% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 14,270 shares of the business services provider’s stock worth $633,000 after buying an additional 214 shares in the last quarter. Chartwell Investment Partners LLC raised its holdings in shares of ExlService by 0.8% in the 3rd quarter. Chartwell Investment Partners LLC now owns 31,353 shares of the business services provider’s stock valued at $1,196,000 after purchasing an additional 254 shares during the period. Kensington Investment Counsel LLC raised its holdings in shares of ExlService by 0.7% in the 4th quarter. Kensington Investment Counsel LLC now owns 39,207 shares of the business services provider’s stock valued at $1,740,000 after purchasing an additional 282 shares during the period. UMB Bank n.a. raised its holdings in shares of ExlService by 17.6% in the 4th quarter. UMB Bank n.a. now owns 1,926 shares of the business services provider’s stock valued at $85,000 after purchasing an additional 288 shares during the period. Finally, Dakota Wealth Management raised its holdings in shares of ExlService by 5.0% in the 4th quarter. Dakota Wealth Management now owns 6,497 shares of the business services provider’s stock valued at $288,000 after purchasing an additional 311 shares during the period. 92.92% of the stock is owned by institutional investors.

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.