10,197 Shares in ExlService Holdings, Inc. (NASDAQ:EXLS) Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC bought a new stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 10,197 shares of the business services provider’s stock, valued at approximately $299,000.

Several other institutional investors and hedge funds have also bought and sold shares of EXLS. Vanguard Group Inc. grew its position in ExlService by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 17,015,630 shares of the business services provider’s stock worth $524,932,000 after buying an additional 180,928 shares in the last quarter. PNC Financial Services Group Inc. raised its position in ExlService by 4.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 16,867 shares of the business services provider’s stock valued at $520,000 after purchasing an additional 702 shares during the last quarter. Bridge City Capital LLC grew its holdings in shares of ExlService by 0.8% during the 1st quarter. Bridge City Capital LLC now owns 107,129 shares of the business services provider’s stock worth $3,407,000 after acquiring an additional 837 shares during the period. Compass Ion Advisors LLC grew its holdings in shares of ExlService by 20.5% during the 1st quarter. Compass Ion Advisors LLC now owns 26,163 shares of the business services provider’s stock worth $832,000 after acquiring an additional 4,450 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of ExlService by 24.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 70,296 shares of the business services provider’s stock worth $2,235,000 after acquiring an additional 13,742 shares during the period. 92.92% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at ExlService

In related news, insider Vivek Jetley sold 2,015 shares of the stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $35.75, for a total transaction of $72,036.25. Following the sale, the insider now owns 326,642 shares in the company, valued at approximately $11,677,451.50. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other ExlService news, EVP Ajay Ayyappan sold 21,000 shares of the stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $34.38, for a total value of $721,980.00. Following the sale, the executive vice president now owns 29,909 shares in the company, valued at $1,028,271.42. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Vivek Jetley sold 2,015 shares of the stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $35.75, for a total value of $72,036.25. Following the transaction, the insider now directly owns 326,642 shares in the company, valued at $11,677,451.50. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 134,875 shares of company stock valued at $4,716,859 in the last ninety days. Corporate insiders own 3.75% of the company’s stock.

ExlService Price Performance

NASDAQ:EXLS opened at $40.40 on Friday. The company has a quick ratio of 2.45, a current ratio of 2.45 and a debt-to-equity ratio of 0.30. The stock has a market cap of $6.77 billion, a PE ratio of 37.41, a P/E/G ratio of 2.05 and a beta of 1.00. ExlService Holdings, Inc. has a 52 week low of $25.17 and a 52 week high of $40.77. The business’s 50-day simple moving average is $37.02 and its two-hundred day simple moving average is $33.14.

ExlService (NASDAQ:EXLS) last issued its quarterly earnings data on Thursday, August 1st. The business services provider reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.01. The business had revenue of $448.40 million for the quarter, compared to analysts’ expectations of $444.61 million. ExlService had a return on equity of 22.92% and a net margin of 10.45%. The company’s revenue for the quarter was up 10.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.31 EPS. As a group, analysts forecast that ExlService Holdings, Inc. will post 1.28 EPS for the current fiscal year.

Wall Street Analyst Weigh In

EXLS has been the topic of several recent research reports. Needham & Company LLC restated a “buy” rating and issued a $40.00 price target on shares of ExlService in a research note on Friday, August 2nd. Citigroup increased their target price on ExlService from $38.00 to $46.00 and gave the company a “buy” rating in a research note on Monday, October 14th. JPMorgan Chase & Co. increased their price target on ExlService from $38.00 to $41.00 and gave the company an “overweight” rating in a report on Friday, September 6th. Robert W. Baird raised their target price on ExlService from $35.00 to $40.00 and gave the stock a “neutral” rating in a report on Thursday, October 10th. Finally, Jefferies Financial Group raised ExlService from a “hold” rating to a “buy” rating and raised their target price for the stock from $35.00 to $42.00 in a report on Monday, September 9th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $40.86.

ExlService Profile

ExlService Holdings, Inc operates as a data analytics, and digital operations and solutions company in the United States and internationally. The company operates through Insurance, Healthcare, Analytics, and Emerging Business segments. It also provides digital operations and solutions and analytics-driven services, such as claims processing, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business acquisition, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer service using digital technology, artificial intelligence, machine learning, and advanced automation; digital customer acquisition services using a software-as-a-service delivery model through LifePRO and LISS platforms; subrogation services; and Subrosource software platform, an end-to-end subrogation platform.