ExlService Holdings, Inc. (EXLS) CFO Vishal Chhibbar Sells 3,000 Shares
ExlService Holdings, Inc. (NASDAQ:EXLS) CFO Vishal Chhibbar sold 3,000 shares of the stock in a transaction dated Thursday, October 12th. The shares were sold at an average price of $60.30, for a total transaction of $180,900.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Vishal Chhibbar also recently made the following trade(s):
- On Friday, October 6th, Vishal Chhibbar sold 2,019 shares of ExlService Holdings stock. The shares were sold at an average price of $59.40, for a total transaction of $119,928.60.
- 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.
ExlService Holdings, Inc. (EXLS) traded up 0.18% during midday trading on Monday, hitting $60.79. 72,086 shares of the company traded hands. The company has a market cap of $2.05 billion, a PE ratio of 30.84 and a beta of 1.27. ExlService Holdings, Inc. has a 12-month low of $42.00 and a 12-month high of $60.92. The stock has a 50 day moving average price of $57.41 and a 200-day moving average price of $53.61.
ExlService Holdings (NASDAQ:EXLS) last announced its quarterly earnings data 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 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 period in the prior year, the company earned $0.55 earnings per share. ExlService Holdings’s revenue was up 10.9% compared to the same quarter last year. Analysts expect that ExlService Holdings, Inc. will post $2.61 EPS for the current year.
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A number of hedge funds and other institutional investors have recently made changes to their positions in EXLS. Huntington National Bank grew its holdings in ExlService Holdings by 82.8% during the second quarter. Huntington National Bank now owns 2,007 shares of the business services provider’s stock valued at $112,000 after purchasing an additional 909 shares during the period. Riverhead Capital Management LLC grew its holdings in ExlService Holdings by 61.7% during the second quarter. Riverhead Capital Management LLC now owns 2,264 shares of the business services provider’s stock valued at $126,000 after purchasing an additional 864 shares during the period. Ameritas Investment Partners Inc. bought a new position in ExlService Holdings during the first quarter valued at $133,000. Victory Capital Management Inc. grew its holdings in ExlService Holdings by 72.6% during the first quarter. Victory Capital Management Inc. now owns 3,918 shares of the business services provider’s stock valued at $186,000 after purchasing an additional 1,648 shares during the period. Finally, Personal Capital Advisors Corp bought a new position in ExlService Holdings during the second quarter valued at $212,000. 94.70% of the stock is owned by institutional investors and hedge funds.
EXLS has been the topic of a number of research reports. Needham & Company LLC reissued a “buy” rating and issued a $60.00 price objective (up from $59.00) on shares of ExlService Holdings in a research note on Sunday, July 30th. Cantor Fitzgerald reissued a “buy” rating and issued a $59.00 price objective on shares of ExlService Holdings in a research note on Tuesday, June 20th. Zacks Investment Research raised shares of ExlService Holdings from a “hold” rating to a “strong-buy” rating and set a $64.00 price objective on the stock in a research note on Tuesday, July 4th. BidaskClub cut shares of ExlService Holdings from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Finally, Cowen and Company reissued a “buy” rating and issued a $54.00 price objective on shares of ExlService Holdings in a research note on Friday, July 28th. 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. The stock presently has an average rating of “Hold” and a consensus price target of $60.33.
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.
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