ExlService Holdings, Inc. (EXLS) Director Sells $429,483.60 in Stock
ExlService Holdings, Inc. (NASDAQ:EXLS) Director Clyde W. Ostler sold 6,916 shares of the business’s stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $62.10, for a total transaction of $429,483.60. Following the completion of the transaction, the director now directly owns 6,916 shares in the company, valued at $429,483.60. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
ExlService Holdings, Inc. (NASDAQ:EXLS) traded up $0.53 during trading on Friday, hitting $62.29. 85,645 shares of the company traded hands, compared to its average volume of 142,524. The firm has a market cap of $2.12 billion, a PE ratio of 25.98 and a beta of 1.30.
ExlService Holdings (NASDAQ:EXLS) last released its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.68 EPS for the quarter, topping the consensus estimate of $0.65 by $0.03. ExlService Holdings had a net margin of 9.94% and a return on equity of 14.81%. The business had revenue of $192.30 million for the quarter, compared to analyst estimates of $191.20 million. During the same period in the previous year, the firm earned $0.61 EPS. The business’s revenue for the quarter was up 12.3% compared to the same quarter last year. sell-side analysts predict that ExlService Holdings, Inc. will post 2.12 EPS for the current fiscal year.
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Hedge funds have recently made changes to their positions in the stock. Dubuque Bank & Trust Co. raised its stake in ExlService Holdings by 2.6% in the 2nd quarter. Dubuque Bank & Trust Co. now owns 4,350 shares of the business services provider’s stock valued at $242,000 after purchasing an additional 110 shares during the last quarter. Aperio Group LLC raised its stake in ExlService Holdings by 29.1% in the 2nd quarter. Aperio Group LLC now owns 13,493 shares of the business services provider’s stock valued at $750,000 after purchasing an additional 3,044 shares during the last quarter. BNP Paribas Arbitrage SA raised its stake in ExlService Holdings by 66.4% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 11,184 shares of the business services provider’s stock valued at $622,000 after purchasing an additional 4,464 shares during the last quarter. UBS Asset Management Americas Inc. raised its stake in ExlService Holdings by 41.5% in the 1st quarter. UBS Asset Management Americas Inc. now owns 15,517 shares of the business services provider’s stock valued at $735,000 after purchasing an additional 4,550 shares during the last quarter. Finally, Arizona State Retirement System raised its stake in ExlService Holdings by 0.6% in the 2nd quarter. Arizona State Retirement System now owns 17,592 shares of the business services provider’s stock valued at $978,000 after purchasing an additional 100 shares during the last quarter. 94.92% of the stock is owned by hedge funds and other institutional investors.
Several brokerages have commented on EXLS. SunTrust Banks, Inc. restated a “hold” rating and set a $60.00 target price on shares of ExlService Holdings in a research report on Monday, October 9th. Zacks Investment Research lowered shares of ExlService Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, September 27th. Stifel Nicolaus restated a “buy” rating and set a $67.00 target price (up from $60.00) on shares of ExlService Holdings in a research report on Sunday, July 30th. Wedbush restated a “neutral” rating and set a $63.00 target price on shares of ExlService Holdings in a research report on Wednesday, August 9th. Finally, Barrington Research set a $65.00 target price on shares of ExlService Holdings and gave the stock an “outperform” rating in a research report on Friday, July 28th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $62.33.
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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