ExlService Holdings Inc. (NASDAQ:EXLS) CEO Rohit Kapoor sold 50,000 shares of the stock in a transaction that occurred on Friday, September 16th. The shares were sold at an average price of $48.91, for a total transaction of $2,445,500.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Shares of ExlService Holdings Inc. (NASDAQ:EXLS) opened at 50.24 on Wednesday. The firm has a market capitalization of $1.68 billion, a P/E ratio of 28.55 and a beta of 1.64. ExlService Holdings Inc. has a 1-year low of $35.91 and a 1-year high of $54.78. The stock’s 50 day moving average is $50.38 and its 200 day moving average is $50.63.

ExlService Holdings (NASDAQ:EXLS) last announced its earnings results on Thursday, July 28th. The company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.02. ExlService Holdings had a net margin of 9.02% and a return on equity of 13.86%. The firm had revenue of $170.50 million for the quarter, compared to the consensus estimate of $170.65 million. During the same period in the prior year, the firm earned $0.48 EPS. The firm’s revenue for the quarter was up 9.6% on a year-over-year basis. Equities analysts predict that ExlService Holdings Inc. will post $2.32 earnings per share for the current year.

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Several large investors have recently made changes to their positions in EXLS. Victory Capital Management Inc. increased its stake in shares of ExlService Holdings by 77.1% in the second quarter. Victory Capital Management Inc. now owns 1,918 shares of the company’s stock worth $101,000 after buying an additional 835 shares in the last quarter. BlackRock Inc. increased its stake in shares of ExlService Holdings by 118.4% in the first quarter. BlackRock Inc. now owns 2,488 shares of the company’s stock worth $129,000 after buying an additional 1,349 shares in the last quarter. 1st Global Advisors Inc. purchased a new stake in shares of ExlService Holdings during the second quarter worth approximately $212,000. Stanley Laman Group Ltd. purchased a new stake in shares of ExlService Holdings during the second quarter worth approximately $217,000. Finally, Pacad Investment Ltd. purchased a new stake in shares of ExlService Holdings during the first quarter worth approximately $218,000. 98.65% of the stock is currently owned by institutional investors.

Several equities research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of ExlService Holdings from a “sell” rating to a “hold” rating in a research note on Monday, May 30th. Citigroup Inc. lowered their target price on shares of ExlService Holdings from $58.00 to $57.00 and set a “buy” rating for the company in a research note on Friday, July 29th. Cantor Fitzgerald restated a “buy” rating and issued a $56.00 target price on shares of ExlService Holdings in a research note on Wednesday, September 7th. Finally, JPMorgan Chase & Co. restated a “hold” rating and issued a $54.00 target price on shares of ExlService Holdings in a research note on Tuesday, July 19th. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $51.56.

About ExlService Holdings

ExlService Holdings, Inc is an operations management and analytics company. The Company operates through two segments: Operations Management and Analytics. The Company offers operations management solutions to the insurance, healthcare, banking and financial services, utilities, and travel, transportation and logistics industries.

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