David B. Kelso Sells 6,576 Shares of ExlService Holdings, Inc. (EXLS) Stock
ExlService Holdings, Inc. (NASDAQ:EXLS) Director David B. Kelso sold 6,576 shares of the business’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $61.66, for a total value of $405,476.16. Following the sale, the director now directly owns 6,576 shares in the company, valued at $405,476.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of ExlService Holdings, Inc. (NASDAQ:EXLS) traded up $0.49 during trading hours on Tuesday, reaching $61.76. The company had a trading volume of 131,786 shares, compared to its average volume of 158,161. ExlService Holdings, Inc. has a 52 week low of $44.25 and a 52 week high of $62.92. The company has a market capitalization of $2,087.49, a PE ratio of 25.63, a P/E/G ratio of 2.12 and a beta of 1.30. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.81 and a current ratio of 3.81.
ExlService Holdings (NASDAQ:EXLS) last posted its earnings results on Thursday, October 26th. The business services provider reported $0.68 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.03. The company had revenue of $192.30 million during the quarter, compared to analyst estimates of $191.20 million. ExlService Holdings had a return on equity of 14.81% and a net margin of 9.94%. ExlService Holdings’s revenue was up 12.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.61 earnings per share. sell-side analysts anticipate that ExlService Holdings, Inc. will post 2.12 EPS for the current fiscal year.
A number of institutional investors have recently bought and sold shares of EXLS. FMR LLC lifted its holdings in ExlService Holdings by 16.8% during the second quarter. FMR LLC now owns 3,887,355 shares of the business services provider’s stock worth $216,060,000 after buying an additional 557,892 shares during the period. Neumeier Poma Investment Counsel LLC lifted its holdings in ExlService Holdings by 100.4% during the third quarter. Neumeier Poma Investment Counsel LLC now owns 400,475 shares of the business services provider’s stock worth $23,356,000 after buying an additional 200,625 shares during the period. Macquarie Group Ltd. lifted its holdings in ExlService Holdings by 30.5% during the second quarter. Macquarie Group Ltd. now owns 841,679 shares of the business services provider’s stock worth $46,781,000 after buying an additional 196,843 shares during the period. Vanguard Group Inc. lifted its holdings in ExlService Holdings by 4.9% during the first quarter. Vanguard Group Inc. now owns 2,887,499 shares of the business services provider’s stock worth $136,752,000 after buying an additional 135,087 shares during the period. Finally, New Amsterdam Partners LLC NY purchased a new stake in ExlService Holdings during the second quarter worth $3,772,000. Institutional investors own 91.46% of the company’s stock.
EXLS has been the topic of several analyst reports. Barrington Research boosted their price objective on ExlService Holdings from $65.00 to $72.00 and gave the stock an “outperform” rating in a research note on Friday, October 27th. Robert W. Baird reaffirmed a “buy” rating and set a $62.00 target price on shares of ExlService Holdings in a research note on Friday, September 8th. Cowen and Company reaffirmed a “buy” rating on shares of ExlService Holdings in a research note on Friday, September 1st. Needham & Company LLC reaffirmed a “buy” rating and set a $68.00 target price (up previously from $60.00) on shares of ExlService Holdings in a research note on Sunday, October 29th. Finally, Zacks Investment Research cut ExlService Holdings from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target 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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