8,565 Shares in ExlService Holdings, Inc. (NASDAQ:EXLS) Purchased by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. purchased a new position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 8,565 shares of the business services provider's stock, valued at approximately $380,000.

A number of other large investors have also made changes to their positions in EXLS. Ashton Thomas Securities LLC purchased a new stake in shares of ExlService in the 3rd quarter worth about $27,000. Huntington National Bank lifted its holdings in shares of ExlService by 2,827.5% in the third quarter. Huntington National Bank now owns 1,171 shares of the business services provider's stock valued at $45,000 after purchasing an additional 1,131 shares in the last quarter. USA Financial Formulas acquired a new stake in shares of ExlService in the fourth quarter valued at approximately $58,000. UMB Bank n.a. increased its stake in shares of ExlService by 29.7% during the 3rd quarter. UMB Bank n.a. now owns 1,638 shares of the business services provider's stock worth $62,000 after purchasing an additional 375 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in shares of ExlService by 32.8% during the 3rd quarter. GAMMA Investing LLC now owns 2,331 shares of the business services provider's stock worth $89,000 after purchasing an additional 576 shares during the last quarter. Hedge funds and other institutional investors own 92.92% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on EXLS shares. Robert W. Baird raised their price target on ExlService from $40.00 to $44.00 and gave the stock a "neutral" rating in a research report on Thursday, October 31st. Needham & Company LLC lifted their price objective on ExlService from $40.00 to $50.00 and gave the stock a "buy" rating in a research report on Thursday, October 31st. StockNews.com upgraded shares of ExlService from a "hold" rating to a "buy" rating in a report on Friday, January 17th. Citigroup lifted their price target on shares of ExlService from $38.00 to $46.00 and gave the stock a "buy" rating in a report on Monday, October 14th. Finally, Jefferies Financial Group upped their price objective on shares of ExlService from $47.00 to $57.00 and gave the company a "buy" rating in a research note on Tuesday. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $45.00.

ExlService Trading Up 0.0 %

EXLS traded up $0.02 during trading on Friday, hitting $49.14. 911,272 shares of the company's stock were exchanged, compared to its average volume of 1,021,923. The stock has a 50 day moving average price of $45.74 and a 200 day moving average price of $40.16. 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 Holdings, Inc. has a 1 year low of $28.16 and a 1 year high of $50.11. The firm has a market cap of $7.91 billion, a P/E ratio of 43.11, a price-to-earnings-growth ratio of 2.08 and a beta of 1.02.

ExlService (NASDAQ:EXLS - Get Free Report) last posted its earnings results on Tuesday, October 29th. The business services provider reported $0.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.03. The business had revenue of $472.07 million during the quarter, compared to analyst estimates of $460.73 million. ExlService had a return on equity of 23.23% and a net margin of 10.61%. The company's revenue for the quarter was up 14.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.30 earnings per share. As a group, analysts expect that ExlService Holdings, Inc. will post 1.27 EPS for the current fiscal year.

Insider Activity

In other ExlService news, CEO Rohit Kapoor sold 100,000 shares of ExlService stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $42.07, for a total transaction of $4,207,000.00. Following the sale, the chief executive officer now directly owns 1,190,240 shares in the company, valued at $50,073,396.80. The trade was a 7.75 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Vikas Bhalla sold 22,813 shares of the stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $41.86, for a total value of $954,952.18. Following the transaction, the insider now owns 102,825 shares of the company's stock, valued at approximately $4,304,254.50. This trade represents a 18.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 426,458 shares of company stock worth $18,720,514 over the last 90 days. Company insiders own 4.16% of the company's stock.

ExlService 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.