GHP Investment Advisors Inc. Boosts Stock Position in ExlService Holdings, Inc. (NASDAQ:EXLS)

GHP Investment Advisors Inc. boosted its position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) by 3.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 193,084 shares of the business services provider's stock after purchasing an additional 6,928 shares during the quarter. GHP Investment Advisors Inc. owned about 0.12% of ExlService worth $8,569,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of EXLS. Algert Global LLC increased its holdings in shares of ExlService by 18.0% in the 3rd quarter. Algert Global LLC now owns 150,460 shares of the business services provider's stock worth $5,740,000 after purchasing an additional 22,970 shares in the last quarter. Quest Partners LLC increased its holdings in ExlService by 196.8% in the 3rd quarter. Quest Partners LLC now owns 70,015 shares of the business services provider's stock worth $2,671,000 after buying an additional 46,422 shares in the last quarter. Eagle Asset Management Inc. raised its position in ExlService by 4.3% in the 3rd quarter. Eagle Asset Management Inc. now owns 711,995 shares of the business services provider's stock worth $27,163,000 after buying an additional 29,510 shares during the last quarter. Assetmark Inc. lifted its stake in ExlService by 107,991.3% during the 3rd quarter. Assetmark Inc. now owns 24,861 shares of the business services provider's stock valued at $948,000 after acquiring an additional 24,838 shares during the period. Finally, Walleye Capital LLC bought a new position in ExlService during the 3rd quarter valued at about $1,543,000. 92.92% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on EXLS. StockNews.com raised ExlService from a "hold" rating to a "buy" rating in a report on Sunday, February 2nd. Citigroup raised their target price on ExlService from $38.00 to $46.00 and gave the stock a "buy" rating in a research report on Monday, October 14th. Robert W. Baird upped their price target on shares of ExlService from $40.00 to $44.00 and gave the company a "neutral" rating in a research report on Thursday, October 31st. Needham & Company LLC raised their price objective on shares of ExlService from $40.00 to $50.00 and gave the stock a "buy" rating in a report on Thursday, October 31st. Finally, Jefferies Financial Group upped their target price on shares of ExlService from $47.00 to $57.00 and gave the company a "buy" rating in a report on Tuesday, January 21st. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $45.00.

Insider Buying and Selling at ExlService

In other ExlService news, CEO Rohit Kapoor sold 100,000 shares of the stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $46.87, for a total transaction of $4,687,000.00. Following the completion of the transaction, the chief executive officer now owns 689,645 shares in the company, valued at $32,323,661.15. This trade represents a 12.66 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Jaynie M. Studenmund sold 3,645 shares of the company's stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $44.05, for a total transaction of $160,562.25. Following the sale, the director now owns 14,580 shares in the company, valued at $642,249. This represents a 20.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 117,398 shares of company stock valued at $5,523,385 in the last 90 days. Insiders own 4.16% of the company's stock.

ExlService Price Performance

Shares of ExlService stock traded up $0.09 on Monday, hitting $51.49. 634,717 shares of the company traded hands, compared to its average volume of 945,785. The stock has a market capitalization of $8.28 billion, a P/E ratio of 45.17, a price-to-earnings-growth ratio of 2.17 and a beta of 1.03. The business has a 50-day simple moving average of $46.88 and a 200 day simple moving average of $41.65. ExlService Holdings, Inc. has a 52 week low of $28.16 and a 52 week high of $52.43. 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 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.