EAM Investors LLC Buys Shares of 139,191 ExlService Holdings, Inc. (NASDAQ:EXLS)

EAM Investors LLC purchased a new stake in ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 139,191 shares of the business services provider's stock, valued at approximately $6,177,000. ExlService makes up 0.9% of EAM Investors LLC's holdings, making the stock its 5th biggest holding. EAM Investors LLC owned 0.09% of ExlService as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. FMR LLC lifted its holdings in shares of ExlService by 39.4% in the fourth quarter. FMR LLC now owns 9,364,312 shares of the business services provider's stock valued at $415,588,000 after purchasing an additional 2,647,937 shares in the last quarter. Norges Bank purchased a new stake in ExlService in the 4th quarter valued at approximately $106,452,000. Handelsbanken Fonder AB grew its holdings in ExlService by 313.9% during the 4th quarter. Handelsbanken Fonder AB now owns 2,194,690 shares of the business services provider's stock valued at $97,400,000 after buying an additional 1,664,400 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of ExlService in the fourth quarter worth $52,852,000. Finally, Axiom Investors LLC DE acquired a new position in ExlService in the 4th quarter valued at about $20,419,000. Hedge funds and other institutional investors own 92.92% of the company's stock.

Insider Transactions at ExlService

In other ExlService news, EVP Anita Mahon sold 10,558 shares of ExlService stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $45.92, for a total transaction of $484,823.36. Following the transaction, the executive vice president now owns 94,443 shares of the company's stock, valued at $4,336,822.56. The trade was a 10.06 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Ajay Ayyappan sold 16,186 shares of the company's stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $51.50, for a total transaction of $833,579.00. Following the completion of the transaction, the executive vice president now owns 40,986 shares in the company, valued at approximately $2,110,779. This represents a 28.31 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 47,351 shares of company stock valued at $2,337,284. Corporate insiders own 4.16% of the company's stock.

ExlService Stock Performance

Shares of EXLS traded down $1.25 during mid-day trading on Monday, reaching $43.64. 399,811 shares of the company's stock traded hands, compared to its average volume of 979,219. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.02 and a current ratio of 3.02. ExlService Holdings, Inc. has a 12 month low of $28.59 and a 12 month high of $52.43. The business's 50-day moving average price is $46.92 and its 200-day moving average price is $45.70. The stock has a market capitalization of $7.08 billion, a P/E ratio of 38.28, a price-to-earnings-growth ratio of 2.11 and a beta of 0.91.

ExlService (NASDAQ:EXLS - Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The business services provider reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.08). ExlService had a net margin of 10.61% and a return on equity of 23.23%. The company had revenue of $481.43 million during the quarter, compared to the consensus estimate of $475.68 million. Equities analysts predict that ExlService Holdings, Inc. will post 1.27 earnings per share for the current year.

Analyst Ratings Changes

EXLS has been the subject of a number of recent analyst reports. Stifel Nicolaus boosted their target price on shares of ExlService from $48.00 to $54.00 and gave the company a "buy" rating in a report on Thursday, February 27th. StockNews.com lowered ExlService from a "buy" rating to a "hold" rating in a research report on Monday, April 14th. Jefferies Financial Group raised their price objective on ExlService from $47.00 to $57.00 and gave the company a "buy" rating in a research note on Tuesday, January 21st. Finally, Needham & Company LLC boosted their target price on shares of ExlService from $50.00 to $60.00 and gave the stock a "buy" rating in a research report on Thursday, February 27th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $48.86.

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.