ExlService Holdings, Inc. (NASDAQ:EXLS) EVP Sells $252,942.30 in Stock

ExlService Holdings, Inc. (NASDAQ:EXLS) EVP Ajay Ayyappan sold 4,989 shares of the business’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $50.70, for a total value of $252,942.30. Following the completion of the transaction, the executive vice president now directly owns 40,986 shares in the company, valued at approximately $2,077,990.20. This represents a 10.85 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Ajay Ayyappan also recently made the following trade(s):

• On Monday, February 10th, Ajay Ayyappan sold 16,186 shares of ExlService stock. The stock was sold at an average price of $51.50, for a total value of $833,579.00.

ExlService Trading Down 4.8 %

NASDAQ EXLS traded down $2.43 on Friday, reaching $48.00. The company had a trading volume of 2,010,775 shares, compared to its average volume of 942,852. The stock’s 50 day moving average is $47.79 and its 200-day moving average is $42.70. The stock has a market cap of $7.72 billion, a price-to-earnings ratio of 42.11, a PEG ratio of 2.17 and a beta of 1.03. 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 Holdings, Inc. has a 52 week low of $28.16 and a 52 week high of $52.43.

Analysts Set New Price Targets

A number of research firms have commented on EXLS. Jefferies Financial Group boosted their price objective on ExlService from $47.00 to $57.00 and gave the stock a “buy” rating in a research note on Tuesday, January 21st. StockNews.com upgraded ExlService from a “hold” rating to a “buy” rating in a research report on Sunday, February 2nd. Robert W. Baird boosted their target price on ExlService from $40.00 to $44.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. Finally, Needham & Company LLC boosted their target price on ExlService from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $45.00.

Institutional Investors Weigh In On ExlService

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EXLS. Creative Planning increased its holdings in ExlService by 70.7% in the third quarter. Creative Planning now owns 37,402 shares of the business services provider’s stock valued at $1,427,000 after purchasing an additional 15,489 shares during the last quarter. Blue Trust Inc. increased its holdings in ExlService by 19.0% in the third quarter. Blue Trust Inc. now owns 4,936 shares of the business services provider’s stock valued at $188,000 after purchasing an additional 789 shares during the last quarter. Private Advisor Group LLC increased its holdings in ExlService by 7.8% in the third quarter. Private Advisor Group LLC now owns 10,218 shares of the business services provider’s stock valued at $390,000 after purchasing an additional 742 shares during the last quarter. NorthCrest Asset Manangement LLC bought a new stake in ExlService in the third quarter valued at about $930,000. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in ExlService by 5.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 13,345 shares of the business services provider’s stock valued at $509,000 after purchasing an additional 653 shares during the last quarter. Institutional investors own 92.92% of the company’s stock.

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.