Advantage Alpha Capital Partners LP Sells 10,519 Shares of ExlService Holdings, Inc. (NASDAQ:EXLS)

Advantage Alpha Capital Partners LP decreased its holdings in ExlService Holdings, Inc. (NASDAQ:EXLS) by 10.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 88,852 shares of the business services provider’s stock after selling 10,519 shares during the quarter. Advantage Alpha Capital Partners LP’s holdings in ExlService were worth $3,943,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Natixis Advisors LLC lifted its stake in shares of ExlService by 5.5% during the 3rd quarter. Natixis Advisors LLC now owns 55,122 shares of the business services provider’s stock worth $2,103,000 after purchasing an additional 2,896 shares during the last quarter. Pathstone Holdings LLC boosted its holdings in shares of ExlService by 0.8% in the 3rd quarter. Pathstone Holdings LLC now owns 49,950 shares of the business services provider’s stock valued at $1,906,000 after buying an additional 405 shares in the last quarter. First Horizon Advisors Inc. grew its position in shares of ExlService by 25.5% in the 3rd quarter. First Horizon Advisors Inc. now owns 2,576 shares of the business services provider’s stock worth $98,000 after buying an additional 524 shares during the last quarter. Intech Investment Management LLC purchased a new position in shares of ExlService in the 3rd quarter worth approximately $1,194,000. Finally, Charles Schwab Investment Management Inc. lifted its position in ExlService by 0.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,161,153 shares of the business services provider’s stock valued at $82,448,000 after acquiring an additional 9,775 shares during the last quarter. Hedge funds and other institutional investors own 92.92% of the company’s stock.

ExlService Trading Down 0.2 %

Shares of ExlService stock opened at $46.34 on Monday. ExlService Holdings, Inc. has a 1 year low of $28.16 and a 1 year high of $52.43. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.02 and a quick ratio of 3.02. The stock has a market cap of $7.52 billion, a PE ratio of 40.65, a price-to-earnings-growth ratio of 2.11 and a beta of 1.10. The firm has a fifty day moving average price of $48.69 and a 200 day moving average price of $44.44.

ExlService (NASDAQ:EXLS) last issued its earnings results on Tuesday, February 25th. The business services provider reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.08). ExlService had a return on equity of 23.23% and a net margin of 10.61%. The company had revenue of $481.43 million during the quarter, compared to analysts’ expectations of $475.68 million. Equities research analysts predict that ExlService Holdings, Inc. will post 1.27 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on EXLS shares. Needham & Company LLC upped their price target on ExlService from $50.00 to $60.00 and gave the stock a “buy” rating in a research report on Thursday, February 27th. Jefferies Financial Group increased their price target 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 upped their price objective on shares of ExlService from $48.00 to $54.00 and gave the company a “buy” rating in a report on Thursday, February 27th. Finally, StockNews.com raised shares of ExlService from a “hold” rating to a “buy” rating in a research report on Sunday, February 2nd. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, ExlService presently has an average rating of “Moderate Buy” and a consensus price target of $47.38.

Insider Buying and Selling

In other ExlService 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 transaction 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Ajay Ayyappan sold 16,186 shares of the company’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $51.50, for a total value of $833,579.00. Following the transaction, the executive vice president now directly owns 40,986 shares of the company’s stock, valued at approximately $2,110,779. The trade was a 28.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 47,351 shares of company stock valued at $2,337,284. Corporate insiders own 4.16% of the company’s stock.

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.