17,873 Shares in ExlService Holdings, Inc. (NASDAQ:EXLS) Acquired by Jump Financial LLC

Jump Financial LLC bought a new stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 17,873 shares of the business services provider's stock, valued at approximately $793,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mather Group LLC. purchased a new stake in shares of ExlService during the fourth quarter valued at approximately $25,000. Kestra Investment Management LLC acquired a new position in ExlService in the 4th quarter worth $26,000. USA Financial Formulas purchased a new position in ExlService in the 4th quarter valued at about $58,000. VisionPoint Advisory Group LLC acquired a new stake in shares of ExlService during the fourth quarter valued at about $58,000. Finally, UMB Bank n.a. grew its stake in shares of ExlService by 17.6% during the fourth 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 in the last quarter. 92.92% of the stock is owned by institutional investors and hedge funds.

Insider Activity at ExlService

In other ExlService news, EVP Ajay Ayyappan sold 1,865 shares of the business's stock in a transaction on Friday, February 28th. The stock was sold at an average price of $48.32, for a total transaction of $90,116.80. Following the completion of the transaction, the executive vice president now owns 40,986 shares in the company, valued at approximately $1,980,443.52. The trade was a 4.35 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Maurizio Nicolelli sold 13,753 shares of the firm's stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $49.14, for a total transaction of $675,822.42. Following the transaction, the chief financial officer now directly owns 194,440 shares in the company, valued at approximately $9,554,781.60. The trade was a 6.61 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 47,351 shares of company stock worth $2,337,284 in the last ninety days. 4.16% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Needham & Company LLC boosted their price target on ExlService from $50.00 to $60.00 and gave the stock a "buy" rating in a research note on Thursday, February 27th. Jefferies Financial Group increased 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. Stifel Nicolaus raised their price target on shares of ExlService from $48.00 to $54.00 and gave the stock a "buy" rating in a research report on Thursday, February 27th. Finally, StockNews.com downgraded shares of ExlService from a "buy" rating to a "hold" rating in a research note on Monday, April 14th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, ExlService currently has an average rating of "Moderate Buy" and a consensus target price of $48.86.

ExlService Stock Performance

EXLS stock traded down $0.39 during trading on Friday, hitting $44.43. 1,546,014 shares of the company's stock traded hands, compared to its average volume of 994,914. The stock has a market capitalization of $7.21 billion, a price-to-earnings ratio of 38.97, a price-to-earnings-growth ratio of 2.11 and a beta of 0.91. ExlService Holdings, Inc. has a 52 week low of $28.59 and a 52 week high of $52.43. The stock has a fifty day moving average price of $46.21 and a two-hundred day moving average price of $45.79. 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 - Get Free Report) last released its quarterly earnings data on Tuesday, February 25th. The business services provider reported $0.34 earnings per share 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 for the quarter, compared to analyst estimates of $475.68 million. As a group, equities analysts anticipate that ExlService Holdings, Inc. will post 1.27 EPS for the current fiscal year.

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.