ExlService Holdings, Inc. (NASDAQ:EXLS) Shares Acquired by Private Advisor Group LLC

Private Advisor Group LLC lifted its stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 7.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,218 shares of the business services provider’s stock after acquiring an additional 742 shares during the quarter. Private Advisor Group LLC’s holdings in ExlService were worth $390,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. grew its position in ExlService by 164.0% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 924 shares of the business services provider’s stock worth $29,000 after buying an additional 574 shares during the last quarter. New Covenant Trust Company N.A. acquired a new position in ExlService in the first quarter worth approximately $30,000. Fidelis Capital Partners LLC acquired a new position in ExlService in the first quarter worth approximately $43,000. Headlands Technologies LLC grew its position in ExlService by 269.0% in the first quarter. Headlands Technologies LLC now owns 1,594 shares of the business services provider’s stock worth $51,000 after buying an additional 1,162 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in ExlService by 28.7% in the second 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. Institutional investors and hedge funds own 92.92% of the company’s stock.

ExlService Trading Up 2.3 %

Shares of NASDAQ:EXLS opened at $43.08 on Wednesday. The firm has a fifty day moving average of $38.19 and a two-hundred day moving average of $34.06. The firm has a market capitalization of $6.93 billion, a P/E ratio of 37.79, a price-to-earnings-growth ratio of 2.00 and a beta of 0.99. ExlService Holdings, Inc. has a 12-month low of $26.23 and a 12-month high of $43.10. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 0.37.

ExlService (NASDAQ:EXLS) last issued its earnings results on Tuesday, October 29th. The business services provider reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. The company had revenue of $472.07 million during the quarter, compared to analyst estimates of $460.73 million. ExlService had a net margin of 10.61% and a return on equity of 23.23%. The company’s revenue for the quarter was up 14.9% on a year-over-year basis. During the same quarter last year, the business posted $0.30 EPS. On average, equities analysts expect that ExlService Holdings, Inc. will post 1.28 EPS for the current fiscal year.

Insider Buying and Selling at ExlService

In other ExlService news, CEO Rohit Kapoor sold 40,000 shares of ExlService stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $34.05, for a total transaction of $1,362,000.00. Following the completion of the sale, the chief executive officer now owns 1,509,588 shares of the company’s stock, valued at $51,401,471.40. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, CEO Rohit Kapoor sold 40,000 shares of ExlService stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $34.05, for a total value of $1,362,000.00. Following the completion of the sale, the chief executive officer now owns 1,509,588 shares of the company’s stock, valued at approximately $51,401,471.40. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Vivek Jetley sold 2,015 shares of ExlService stock in a transaction 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 directly owns 326,642 shares of the company’s stock, valued at approximately $11,677,451.50. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 213,875 shares of company stock valued at $8,139,879 in the last quarter. Company insiders own 4.16% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on EXLS. Citigroup lifted their price target on shares of ExlService from $38.00 to $46.00 and gave the stock a “buy” rating in a research report on Monday, October 14th. JPMorgan Chase & Co. lifted their price objective on shares of ExlService from $38.00 to $41.00 and gave the stock an “overweight” rating in a research report on Friday, September 6th. Jefferies Financial Group upgraded shares of ExlService from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $35.00 to $42.00 in a research report on Monday, September 9th. Needham & Company LLC lifted their price objective on shares of ExlService from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Finally, StockNews.com upgraded shares of ExlService from a “hold” rating to a “buy” rating in a research report on Monday. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $42.86.

About ExlService

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.