HighTower Advisors LLC Buys 6,048 Shares of ExlService Holdings, Inc. (NASDAQ:EXLS)

HighTower Advisors LLC grew its holdings in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) by 10.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 66,135 shares of the business services provider's stock after purchasing an additional 6,048 shares during the period. HighTower Advisors LLC's holdings in ExlService were worth $2,935,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Mather Group LLC. bought a new position in ExlService in the 4th quarter worth about $25,000. Kestra Investment Management LLC bought a new stake in ExlService during the 4th quarter valued at $26,000. USA Financial Formulas bought a new stake in ExlService during the 4th quarter valued at $58,000. VisionPoint Advisory Group LLC acquired a new position in ExlService during the 4th quarter worth $58,000. Finally, UMB Bank n.a. grew its stake in shares of ExlService by 17.6% in the fourth quarter. UMB Bank n.a. now owns 1,926 shares of the business services provider's stock worth $85,000 after purchasing an additional 288 shares in the last quarter. Institutional investors own 92.92% of the company's stock.

Insider Transactions at ExlService

In related news, EVP Anita Mahon sold 10,558 shares of the stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $45.92, for a total value of $484,823.36. Following the transaction, the executive vice president now owns 94,443 shares in the company, valued at approximately $4,336,822.56. This represents a 10.06 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Ajay Ayyappan sold 16,186 shares of ExlService 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 sale, the executive vice president now owns 40,986 shares of the company's stock, valued at $2,110,779. This trade represents a 28.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 47,351 shares of company stock valued at $2,337,284. 4.16% of the stock is owned by insiders.

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ExlService Stock Up 1.5 %

NASDAQ:EXLS traded up $0.72 during trading hours on Tuesday, hitting $47.20. 1,040,041 shares of the stock traded hands, compared to its average volume of 937,394. The firm has a 50 day moving average price of $48.70 and a 200 day moving average price of $44.52. The firm has a market cap of $7.66 billion, a price-to-earnings ratio of 41.40, a PEG ratio of 2.11 and a beta of 1.10. ExlService Holdings, Inc. has a fifty-two week low of $28.16 and a fifty-two week high of $52.43. 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 announced 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 return on equity of 23.23% and a net margin of 10.61%. The business had revenue of $481.43 million during the quarter, compared to analysts' expectations of $475.68 million. Equities research analysts anticipate that ExlService Holdings, Inc. will post 1.27 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

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.