ExlService Holdings, Inc. (NASDAQ:EXLS) EVP Villa Rembert De sold 900 shares of the stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $56.01, for a total transaction of $50,409.00. Following the completion of the sale, the executive vice president now owns 10,697 shares of the company’s stock, valued at approximately $599,138.97. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
ExlService Holdings, Inc. (NASDAQ EXLS) traded down 0.25% during mid-day trading on Friday, reaching $55.46. 172,859 shares of the company were exchanged. ExlService Holdings, Inc. has a one year low of $42.00 and a one year high of $59.84. The company has a market capitalization of $1.87 billion, a PE ratio of 28.14 and a beta of 1.30. The stock has a 50-day moving average price of $55.81 and a 200 day moving average price of $50.43.
ExlService Holdings (NASDAQ:EXLS) last issued its earnings results on Thursday, July 27th. The business services provider reported $0.70 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.24. ExlService Holdings had a return on equity of 14.34% and a net margin of 9.53%. The business had revenue of $189.10 million during the quarter, compared to analyst estimates of $185.65 million. During the same quarter in the previous year, the firm earned $0.55 EPS. ExlService Holdings’s revenue was up 10.9% on a year-over-year basis. Analysts predict that ExlService Holdings, Inc. will post $2.61 EPS for the current year.
A number of institutional investors have recently modified their holdings of EXLS. Bank of Montreal Can raised its position in shares of ExlService Holdings by 0.7% in the second quarter. Bank of Montreal Can now owns 4,478 shares of the business services provider’s stock worth $249,000 after buying an additional 31 shares during the period. Atria Investments LLC raised its stake in ExlService Holdings by 1.1% in the second quarter. Atria Investments LLC now owns 5,055 shares of the business services provider’s stock valued at $281,000 after buying an additional 56 shares during the last quarter. Pinebridge Investments L.P. raised its stake in ExlService Holdings by 1.5% in the second quarter. Pinebridge Investments L.P. now owns 4,437 shares of the business services provider’s stock valued at $246,000 after buying an additional 67 shares during the last quarter. State of Alaska Department of Revenue raised its stake in ExlService Holdings by 1.9% in the first quarter. State of Alaska Department of Revenue now owns 3,700 shares of the business services provider’s stock valued at $175,000 after buying an additional 70 shares during the last quarter. Finally, Louisiana State Employees Retirement System raised its stake in ExlService Holdings by 0.7% in the first quarter. Louisiana State Employees Retirement System now owns 13,600 shares of the business services provider’s stock valued at $644,000 after buying an additional 100 shares during the last quarter. 94.41% of the stock is owned by institutional investors and hedge funds.
Several analysts have recently commented on EXLS shares. Needham & Company LLC increased their target price on shares of ExlService Holdings from $56.00 to $59.00 and gave the company a “buy” rating in a report on Wednesday, June 21st. Cantor Fitzgerald reiterated a “buy” rating and issued a $59.00 target price on shares of ExlService Holdings in a report on Tuesday, June 20th. BidaskClub downgraded shares of ExlService Holdings from a “strong-buy” rating to a “buy” rating in a report on Thursday, July 6th. Cowen and Company reiterated a “buy” rating and issued a $54.00 target price on shares of ExlService Holdings in a report on Friday, July 28th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $67.00 target price (up previously from $60.00) on shares of ExlService Holdings in a report on Sunday, July 30th. One analyst has rated the stock with a sell rating, four have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $59.80.
ExlService Holdings Company Profile
ExlService Holdings, Inc is an operations management and analytics company. The Company segments include Insurance; Healthcare; Travel, Transportation and Logistics; Finance and Accounting (F&A); Analytics, and All Other. The Insurance operating segment serves property and casualty insurance, life insurance, disability insurance, annuity and retirement services companies.
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