ExlService Holdings, Inc. (NASDAQ:EXLS) Shares Sold by Cwm LLC

Cwm LLC lessened its holdings in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 4.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 29,024 shares of the business services provider’s stock after selling 1,207 shares during the period. Cwm LLC’s holdings in ExlService were worth $1,107,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of EXLS. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of ExlService by 164.0% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 924 shares of the business services provider’s stock worth $29,000 after acquiring an additional 574 shares in the last quarter. New Covenant Trust Company N.A. purchased a new stake in ExlService during the first quarter worth $30,000. Fidelis Capital Partners LLC acquired a new stake in ExlService in the first quarter valued at $43,000. Headlands Technologies LLC increased its position in shares of ExlService by 269.0% in the first quarter. Headlands Technologies LLC now owns 1,594 shares of the business services provider’s stock valued at $51,000 after buying an additional 1,162 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of ExlService by 28.7% during the 2nd quarter. GAMMA Investing LLC now owns 1,755 shares of the business services provider’s stock worth $55,000 after buying an additional 391 shares during the last quarter. Hedge funds and other institutional investors own 92.92% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Citigroup raised their target price on shares of ExlService from $38.00 to $46.00 and gave the company a “buy” rating in a report on Monday. JPMorgan Chase & Co. upped their target price on ExlService from $38.00 to $41.00 and gave the company an “overweight” rating in a research note on Friday, September 6th. Jefferies Financial Group raised ExlService from a “hold” rating to a “buy” rating and boosted their price target for the stock from $35.00 to $42.00 in a report on Monday, September 9th. Needham & Company LLC reaffirmed a “buy” rating and set a $40.00 price objective on shares of ExlService in a research note on Friday, August 2nd. Finally, Robert W. Baird boosted their target price on shares of ExlService from $35.00 to $40.00 and gave the company a “neutral” rating in a research note on Thursday, October 10th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, ExlService currently has an average rating of “Moderate Buy” and a consensus price target of $40.86.

Insider Buying and Selling at ExlService

In related news, insider Vivek Jetley sold 2,015 shares of the stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $35.75, for a total transaction of $72,036.25. Following the completion of the sale, the insider now owns 326,642 shares of the company’s stock, valued at approximately $11,677,451.50. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CEO Rohit Kapoor sold 35,000 shares of the company’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $36.18, for a total value of $1,266,300.00. Following the completion of the sale, the chief executive officer now owns 1,424,588 shares of the company’s stock, valued at $51,541,593.84. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Vivek Jetley sold 2,015 shares of the firm’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $35.75, for a total value of $72,036.25. Following the sale, the insider now owns 326,642 shares in the company, valued at approximately $11,677,451.50. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 134,875 shares of company stock valued at $4,716,859. Company insiders own 3.75% of the company’s stock.

ExlService Trading Up 0.4 %

NASDAQ EXLS opened at $40.47 on Friday. The company has a market cap of $6.78 billion, a P/E ratio of 37.47, a P/E/G ratio of 2.05 and a beta of 1.00. ExlService Holdings, Inc. has a 12 month low of $25.17 and a 12 month high of $40.56. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.45 and a quick ratio of 2.45. The company has a 50-day moving average of $36.78 and a 200-day moving average of $33.03.

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

ExlService Company 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.