ExlService Holdings, Inc. (NASDAQ:EXLS) CEO Sells $4,207,000.00 in Stock

ExlService Holdings, Inc. (NASDAQ:EXLS) CEO Rohit Kapoor sold 100,000 shares of the company’s stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $42.07, for a total transaction of $4,207,000.00. Following the transaction, the chief executive officer now directly owns 1,190,240 shares of the company’s stock, valued at approximately $50,073,396.80. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Rohit Kapoor also recently made the following trade(s):

• On Friday, November 1st, Rohit Kapoor sold 100,000 shares of ExlService stock. The stock was sold at an average price of $41.45, for a total value of $4,145,000.00.
• On Thursday, August 29th, Rohit Kapoor sold 35,000 shares of ExlService stock. The shares were sold at an average price of $36.18, for a total transaction of $1,266,300.00.
• On Thursday, August 8th, Rohit Kapoor sold 40,000 shares of ExlService stock. The shares were sold at an average price of $34.05, for a total value of $1,362,000.00.

ExlService Price Performance

ExlService stock traded up $2.07 on Wednesday, reaching $45.15. The company’s stock had a trading volume of 2,003,029 shares, compared to its average volume of 955,118. The business’s fifty day moving average price is $38.19 and its 200 day moving average price is $34.06. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.02 and a current ratio of 3.02. The company has a market cap of $7.26 billion, a price-to-earnings ratio of 37.79, a PEG ratio of 2.00 and a beta of 0.99. ExlService Holdings, Inc. has a twelve month low of $26.23 and a twelve month high of $45.44.

ExlService (NASDAQ:EXLS) last posted its quarterly earnings results on Tuesday, October 29th. The business services provider reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.03. The business had revenue of $472.07 million for the quarter, compared to analysts’ expectations of $460.73 million. ExlService had a return on equity of 23.23% and a net margin of 10.61%. The firm’s quarterly revenue was up 14.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.30 earnings per share. Equities analysts expect that ExlService Holdings, Inc. will post 1.28 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. StockNews.com raised shares of ExlService from a “hold” rating to a “buy” rating in a report on Monday. Jefferies Financial Group raised ExlService from a “hold” rating to a “buy” rating and lifted their target price for the stock from $35.00 to $42.00 in a research report on Monday, September 9th. JPMorgan Chase & Co. increased their price target on ExlService from $38.00 to $41.00 and gave the company an “overweight” rating in a report on Friday, September 6th. Needham & Company LLC upped their target price on ExlService from $40.00 to $50.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Finally, Robert W. Baird raised their price target on shares of ExlService from $40.00 to $44.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $42.86.

Hedge Funds Weigh In On ExlService

Several institutional investors and hedge funds have recently modified their holdings of EXLS. Ashton Thomas Securities LLC acquired a new stake in shares of ExlService during the 3rd quarter worth about $27,000. Whittier Trust Co. of Nevada Inc. lifted its position in ExlService by 164.0% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 924 shares of the business services provider’s stock worth $29,000 after acquiring an additional 574 shares during the last quarter. New Covenant Trust Company N.A. bought a new stake in shares of ExlService during the first quarter worth approximately $30,000. Fidelis Capital Partners LLC acquired a new position in shares of ExlService in the first quarter valued at approximately $43,000. Finally, Huntington National Bank increased its stake in shares of ExlService by 2,827.5% during the third quarter. Huntington National Bank now owns 1,171 shares of the business services provider’s stock worth $45,000 after purchasing an additional 1,131 shares during the period. 92.92% of the stock is currently owned by institutional investors and hedge funds.

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.