ExlService Holdings, Inc. (NASDAQ:EXLS) COO Pavan Bagai sold 9,000 shares of the business’s stock in a transaction dated Wednesday, April 12th. The shares were sold at an average price of $46.67, for a total value of $420,030.00. Following the completion of the sale, the chief operating officer now owns 106,581 shares in the company, valued at $4,974,135.27. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Pavan Bagai also recently made the following trade(s):
- On Wednesday, April 26th, Pavan Bagai sold 8,000 shares of ExlService Holdings stock. The shares were sold at an average price of $47.91, for a total value of $383,280.00.
- On Monday, April 10th, Pavan Bagai sold 10,000 shares of ExlService Holdings stock. The shares were sold at an average price of $46.00, for a total value of $460,000.00.
ExlService Holdings, Inc. (NASDAQ:EXLS) traded down 0.40% during mid-day trading on Friday, reaching $47.89. The company had a trading volume of 54,676 shares. The stock has a 50 day moving average price of $46.27 and a 200 day moving average price of $47.16. The company has a market capitalization of $1.62 billion, a P/E ratio of 26.75 and a beta of 1.62. ExlService Holdings, Inc. has a one year low of $42.00 and a one year high of $54.78.
ExlService Holdings (NASDAQ:EXLS) last announced its quarterly earnings results on Tuesday, February 28th. The business services provider reported $0.61 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.61. ExlService Holdings had a return on equity of 13.57% and a net margin of 9.04%. The company earned $177.30 million during the quarter, compared to analysts’ expectations of $175.93 million. During the same period in the prior year, the company earned $0.56 EPS. ExlService Holdings’s revenue was up 6.9% compared to the same quarter last year. On average, equities analysts expect that ExlService Holdings, Inc. will post $2.57 earnings per share for the current fiscal year.
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Hedge funds and other institutional investors have recently made changes to their positions in the stock. Dubuque Bank & Trust Co. purchased a new position in shares of ExlService Holdings during the first quarter worth approximately $201,000. Glen Harbor Capital Management LLC boosted its position in shares of ExlService Holdings by 2.1% in the first quarter. Glen Harbor Capital Management LLC now owns 21,794 shares of the business services provider’s stock worth $1,032,000 after buying an additional 442 shares during the last quarter. Independent Portfolio Consultants Inc. boosted its position in shares of ExlService Holdings by 4.8% in the first quarter. Independent Portfolio Consultants Inc. now owns 17,710 shares of the business services provider’s stock worth $839,000 after buying an additional 810 shares during the last quarter. Nationwide Fund Advisors boosted its position in shares of ExlService Holdings by 4.7% in the first quarter. Nationwide Fund Advisors now owns 221,604 shares of the business services provider’s stock worth $10,495,000 after buying an additional 10,046 shares during the last quarter. Finally, State of Alaska Department of Revenue boosted its position in shares of ExlService Holdings by 1.9% in the first quarter. State of Alaska Department of Revenue now owns 3,700 shares of the business services provider’s stock worth $175,000 after buying an additional 70 shares during the last quarter. Institutional investors own 97.73% of the company’s stock.
EXLS has been the topic of several analyst reports. Cantor Fitzgerald reiterated a “buy” rating and set a $50.00 target price on shares of ExlService Holdings in a report on Tuesday, February 28th. Zacks Investment Research upgraded ExlService Holdings from a “hold” rating to a “buy” rating and set a $52.00 target price on the stock in a report on Friday, February 17th. Finally, Cowen and Company reiterated an “outperform” rating and set a $54.00 target price on shares of ExlService Holdings in a report on Tuesday, April 11th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. ExlService Holdings has an average rating of “Buy” and an average target price of $53.67.
ExlService Holdings Company Profile
ExlService Holdings, Inc is an operations management and analytics company. The Company segments include Insurance; Healthcare; Travel, Transportation and Logistics; Finance and Accounting (F&A); Analytics, and All Other. The Insurance operating segment serves property and casualty insurance, life insurance, disability insurance, annuity and retirement services companies.
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