14,605 Shares in ExlService Holdings, Inc. (NASDAQ:EXLS) Purchased by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC acquired a new position in ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 14,605 shares of the business services provider's stock, valued at approximately $648,000.

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

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on EXLS shares. Jefferies Financial Group boosted 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. Needham & Company LLC increased their price objective on ExlService from $50.00 to $60.00 and gave the company a "buy" rating in a research note on Thursday, February 27th. StockNews.com upgraded shares of ExlService from a "hold" rating to a "buy" rating in a report on Sunday, February 2nd. Finally, Stifel Nicolaus upped their price target on shares of ExlService from $48.00 to $54.00 and gave the company a "buy" rating in a report on Thursday, February 27th. One analyst has rated the stock with a hold rating and seven 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 $48.86.

Remove Ads

ExlService Trading Down 7.0 %

Shares of ExlService stock traded down $3.22 during midday trading on Friday, reaching $42.86. 2,021,148 shares of the company's stock traded hands, compared to its average volume of 980,212. The company has a market cap of $6.96 billion, a PE ratio of 37.60, a price-to-earnings-growth ratio of 2.11 and a beta of 0.91. The stock has a 50 day moving average of $48.48 and a 200-day moving average of $45.13. ExlService Holdings, Inc. has a 12 month low of $28.59 and a 12 month 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 (NASDAQ:EXLS - Get Free Report) last issued its quarterly earnings data on Tuesday, February 25th. The business services provider reported $0.34 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.08). The company had revenue of $481.43 million during the quarter, compared to the consensus estimate of $475.68 million. ExlService had a return on equity of 23.23% and a net margin of 10.61%. As a group, equities analysts expect that ExlService Holdings, Inc. will post 1.27 EPS for the current fiscal year.

Insider Buying and Selling at ExlService

In other news, CFO Maurizio Nicolelli sold 13,753 shares of the business's stock in a transaction on Monday, January 27th. The shares were sold at an average price of $49.14, for a total transaction of $675,822.42. Following the sale, the chief financial officer now 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 sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Ajay Ayyappan sold 16,186 shares of the company's stock in a transaction dated Monday, February 10th. The stock was 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 directly owns 40,986 shares in the company, valued at $2,110,779. This represents a 28.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 47,351 shares of company stock valued at $2,337,284. 4.16% of the stock is currently owned by corporate insiders.

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.