ExlService Holdings, Inc. (NASDAQ:EXLS) CFO Vishal Chhibbar sold 2,019 shares of the stock in a transaction on Friday, October 6th. The shares were sold at an average price of $59.40, for a total transaction of $119,928.60. Following the completion of the transaction, the chief financial officer now directly owns 5,100 shares in the company, valued at $302,940. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Vishal Chhibbar also recently made the following trade(s):

  • On Monday, October 9th, Vishal Chhibbar sold 7,119 shares of ExlService Holdings stock. The shares were sold at an average price of $59.41, for a total transaction of $422,939.79.

Shares of ExlService Holdings, Inc. (EXLS) traded up 0.69% on Wednesday, reaching $60.04. 151,904 shares of the company’s stock traded hands. ExlService Holdings, Inc. has a 52 week low of $42.00 and a 52 week high of $60.19. The company has a 50 day moving average of $56.90 and a 200-day moving average of $53.31. The stock has a market capitalization of $2.03 billion, a PE ratio of 30.46 and a beta of 1.27.

ExlService Holdings (NASDAQ:EXLS) last released its earnings results on Thursday, July 27th. The business services provider reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.24. ExlService Holdings had a net margin of 9.53% and a return on equity of 14.34%. The firm 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 earnings per share. The firm’s revenue for the quarter was up 10.9% compared to the same quarter last year. Equities research analysts forecast that ExlService Holdings, Inc. will post $2.61 earnings per share for the current year.

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A number of research analysts recently commented on the stock. SunTrust Banks, Inc. reaffirmed a “hold” rating and issued a $60.00 target price on shares of ExlService Holdings in a research report on Monday. Zacks Investment Research downgraded shares of ExlService Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, September 27th. Robert W. Baird reaffirmed a “buy” rating and issued a $62.00 target price on shares of ExlService Holdings in a research report on Friday, September 8th. Cowen and Company reissued a “buy” rating on shares of ExlService Holdings in a research report on Friday, September 1st. Finally, Bank of America Corporation downgraded shares of ExlService Holdings from a “buy” rating to an “underperform” rating and set a $55.00 price objective on the stock. in a research report on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the stock. ExlService Holdings presently has a consensus rating of “Hold” and a consensus target price of $60.00.

Several institutional investors have recently added to or reduced their stakes in the company. Bank of Montreal Can grew its position in shares of ExlService Holdings by 0.7% during the second quarter. Bank of Montreal Can now owns 4,478 shares of the business services provider’s stock worth $249,000 after acquiring an additional 31 shares during the last quarter. Atria Investments LLC grew its position in shares of ExlService Holdings by 1.1% during the second quarter. Atria Investments LLC now owns 5,055 shares of the business services provider’s stock worth $281,000 after acquiring an additional 56 shares during the last quarter. Pinebridge Investments L.P. grew its position in shares of ExlService Holdings by 1.5% during the second quarter. Pinebridge Investments L.P. now owns 4,437 shares of the business services provider’s stock worth $246,000 after acquiring an additional 67 shares during the last quarter. Louisiana State Employees Retirement System grew its position in shares of ExlService Holdings by 0.7% during the second quarter. Louisiana State Employees Retirement System now owns 13,700 shares of the business services provider’s stock worth $761,000 after acquiring an additional 100 shares during the last quarter. Finally, Arizona State Retirement System grew its position in shares of ExlService Holdings by 0.6% during the second quarter. Arizona State Retirement System now owns 17,592 shares of the business services provider’s stock worth $978,000 after acquiring an additional 100 shares during the last quarter. Institutional investors and hedge funds own 94.68% of the company’s stock.

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.

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

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