Fox Run Management L.L.C. Takes $835,000 Position in ExlService Holdings, Inc. (NASDAQ:EXLS)

Fox Run Management L.L.C. acquired a new stake in ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 18,806 shares of the business services provider's stock, valued at approximately $835,000.

Other hedge funds have also recently made changes to their positions in the company. Mather Group LLC. bought a new position in ExlService in the 4th quarter worth approximately $25,000. Kestra Investment Management LLC bought a new position in shares of ExlService during the fourth quarter worth $26,000. USA Financial Formulas bought a new position in shares of ExlService during the fourth quarter worth $58,000. VisionPoint Advisory Group LLC purchased a new position in ExlService during the fourth quarter valued at $58,000. Finally, UMB Bank n.a. increased its holdings in ExlService by 17.6% in the 4th quarter. UMB Bank n.a. now owns 1,926 shares of the business services provider's stock valued at $85,000 after acquiring an additional 288 shares during the last quarter. Institutional investors own 92.92% of the company's stock.

Analyst Ratings Changes

EXLS has been the subject of a number of research analyst reports. Needham & Company LLC raised their price objective on ExlService from $50.00 to $60.00 and gave the company a "buy" rating in a research report on Thursday, February 27th. Stifel Nicolaus raised their price target on ExlService from $48.00 to $54.00 and gave the company a "buy" rating in a report on Thursday, February 27th. Jefferies Financial Group upped their price objective on ExlService from $47.00 to $57.00 and gave the stock a "buy" rating in a report on Tuesday, January 21st. Finally, StockNews.com raised shares of ExlService from a "hold" rating to a "buy" rating in a report on Sunday, February 2nd. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, ExlService has a consensus rating of "Moderate Buy" and an average price target of $47.38.

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ExlService Trading Down 0.6 %

Shares of NASDAQ EXLS traded down $0.27 during mid-day trading on Friday, reaching $46.80. The company had a trading volume of 848,676 shares, compared to its average volume of 983,881. ExlService Holdings, Inc. has a 52 week low of $28.16 and a 52 week high of $52.43. The business's 50-day moving average is $48.73 and its 200-day moving average is $44.71. The stock has a market cap of $7.60 billion, a price-to-earnings ratio of 41.05, a price-to-earnings-growth ratio of 2.11 and a beta of 1.10. The company has a current ratio of 3.02, a quick ratio of 3.02 and a debt-to-equity ratio of 0.37.

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

Insider Buying and Selling at ExlService

In other ExlService news, EVP Ajay Ayyappan sold 4,989 shares of the stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $50.70, for a total value of $252,942.30. Following the completion of the sale, the executive vice president now directly owns 40,986 shares in the company, valued at approximately $2,077,990.20. This trade represents a 10.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Maurizio Nicolelli sold 13,753 shares of the firm's stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $49.14, for a total value of $675,822.42. Following the completion of the sale, the chief financial officer now directly owns 194,440 shares of the company's stock, valued at approximately $9,554,781.60. This represents a 6.61 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 47,351 shares of company stock worth $2,337,284 over the last three months. Corporate insiders own 4.16% of the company's stock.

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.