ExlService Holdings, Inc. (NASDAQ:EXLS) COO Pavan Bagai sold 6,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 23rd. The stock was sold at an average price of $51.45, for a total transaction of $308,700.00. Following the sale, the chief operating officer now directly owns 67,581 shares of the company’s stock, valued at approximately $3,477,042.45. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Pavan Bagai also recently made the following trade(s):

  • On Thursday, May 4th, Pavan Bagai sold 6,000 shares of ExlService Holdings stock. The stock was sold at an average price of $49.49, for a total transaction of $296,940.00.
  • On Wednesday, April 26th, Pavan Bagai sold 8,000 shares of ExlService Holdings stock. The stock was sold at an average price of $47.91, for a total transaction of $383,280.00.
  • On Wednesday, April 12th, Pavan Bagai sold 9,000 shares of ExlService Holdings stock. The stock was sold at an average price of $46.67, for a total transaction of $420,030.00.
  • On Monday, April 10th, Pavan Bagai sold 10,000 shares of ExlService Holdings stock. The stock was sold at an average price of $46.00, for a total transaction of $460,000.00.

ExlService Holdings, Inc. (NASDAQ:EXLS) traded up 0.23% during midday trading on Thursday, hitting $51.87. 73,087 shares of the stock were exchanged. The company’s 50 day moving average is $48.20 and its 200-day moving average is $47.54. ExlService Holdings, Inc. has a 1-year low of $42.00 and a 1-year high of $54.78. The stock has a market cap of $1.75 billion, a PE ratio of 27.74 and a beta of 1.62.

ExlService Holdings (NASDAQ:EXLS) last issued its earnings results on Tuesday, May 2nd. The business services provider reported $0.60 EPS for the quarter, topping the consensus estimate of $0.46 by $0.14. ExlService Holdings had a net margin of 9.04% and a return on equity of 13.57%. The company had revenue of $183.03 million for the quarter, compared to the consensus estimate of $176.96 million. During the same period in the previous year, the firm earned $0.56 earnings per share. The firm’s revenue for the quarter was up 9.6% on a year-over-year basis. On average, analysts expect that ExlService Holdings, Inc. will post $2.57 earnings per share for the current year.

Insider Buying and Selling by Quarter for ExlService Holdings (NASDAQ:EXLS)

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A number of research firms recently issued reports on EXLS. Zacks Investment Research upgraded shares of ExlService Holdings from a “sell” rating to a “hold” rating in a research report on Friday, April 7th. Cowen and Company reiterated an “outperform” rating and set a $54.00 price objective on shares of ExlService Holdings in a research report on Tuesday, April 11th. Cantor Fitzgerald restated a “buy” rating and issued a $50.00 price target on shares of ExlService Holdings in a research report on Tuesday, February 28th. Finally, Wells Fargo & Co restated a “market perform” rating and issued a $50.00 price target (up from $48.00) on shares of ExlService Holdings in a research report on Tuesday. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $54.00.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Ameritas Investment Partners Inc. bought a new position in shares of ExlService Holdings during the first quarter worth about $133,000. Ladenburg Thalmann Financial Services Inc. increased its position in shares of ExlService Holdings by 580.7% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 3,036 shares of the business services provider’s stock worth $153,000 after buying an additional 2,590 shares during the last quarter. State of Alaska Department of Revenue increased its position in shares of 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 worth $175,000 after buying an additional 70 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of ExlService Holdings by 72.6% in the first quarter. Victory Capital Management Inc. now owns 3,918 shares of the business services provider’s stock worth $186,000 after buying an additional 1,648 shares during the last quarter. Finally, Quantbot Technologies LP bought a new position in shares of ExlService Holdings during the first quarter worth about $187,000. 97.73% of the stock is currently owned by institutional investors and hedge funds.

About ExlService Holdings

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.

12 Month Chart for NASDAQ:EXLS

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