Prevail Innovative Wealth Advisors LLC Purchases New Stake in ExlService Holdings, Inc. $EXLS

Prevail Innovative Wealth Advisors LLC purchased a new stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 103,811 shares of the business services provider’s stock, valued at approximately $4,571,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Mather Group LLC. bought a new position in ExlService in the third quarter worth about $25,000. CENTRAL TRUST Co raised its stake in ExlService by 2,428.0% during the third quarter. CENTRAL TRUST Co now owns 632 shares of the business services provider’s stock valued at $28,000 after buying an additional 607 shares during the last quarter. First Horizon Corp purchased a new position in shares of ExlService in the 3rd quarter worth about $32,000. Farther Finance Advisors LLC raised its holdings in ExlService by 533.6% in the third quarter. Farther Finance Advisors LLC now owns 792 shares of the business services provider’s stock worth $35,000 after buying an additional 667 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC bought a new position in ExlService in the 2nd quarter valued at approximately $43,000. 92.92% of the stock is currently owned by institutional investors.

Insider Buying and Selling at ExlService

In other news, EVP Ajay Ayyappan sold 1,197 shares of the firm’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $29.79, for a total value of $35,658.63. Following the completion of the sale, the executive vice president owned 53,901 shares in the company, valued at approximately $1,605,710.79. This trade represents a 2.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 11,586 shares of company stock valued at $449,725 over the last quarter. Corporate insiders own 4.04% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Robert W. Baird set a $35.00 target price on ExlService in a research report on Wednesday, February 25th. Stifel Nicolaus dropped their price objective on shares of ExlService from $54.00 to $46.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ExlService in a report on Thursday, January 22nd. Needham & Company LLC reiterated a “buy” rating and set a $40.00 target price (down from $55.00) on shares of ExlService in a research report on Wednesday, February 25th. Finally, Wall Street Zen raised shares of ExlService from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $43.60.

ExlService Trading Down 0.1%

Shares of NASDAQ EXLS opened at $32.51 on Friday. The business’s 50 day moving average is $36.59 and its two-hundred day moving average is $39.91. ExlService Holdings, Inc. has a 1-year low of $26.94 and a 1-year high of $48.79. The stock has a market capitalization of $5.08 billion, a P/E ratio of 21.11, a PEG ratio of 1.40 and a beta of 0.91. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.56 and a quick ratio of 2.56.

About ExlService

ExlService Holdings, Inc (NASDAQ: EXLS) is a global operations management and analytics company that partners with clients in insurance, healthcare, banking, and financial services to drive digital transformation and operational excellence. The firm delivers analytics-driven solutions and business process outsourcing services, including claims adjudication, finance and accounting, data management, and customer service support. ExlService combines domain expertise with advanced analytics, artificial intelligence, and automation technologies to help organizations optimize processes, enhance customer experiences, and manage risk.

Founded in 1999 and headquartered in New York City, ExlService has grown through a mix of organic expansion and strategic acquisitions, earning recognition for its data analytics capabilities and industry-specific knowledge.