ExlService Holdings, Inc. (EXLS) Director Sells $429,483.60 in Stock

ExlService Holdings, Inc. (NASDAQ:EXLS) Director Clyde W. Ostler sold 6,916 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $62.10, for a total value of $429,483.60. Following the transaction, the director now owns 6,916 shares of the company’s stock, valued at $429,483.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of ExlService Holdings, Inc. (NASDAQ:EXLS) opened at $62.29 on Monday. The stock has a market capitalization of $2,114.31, a P/E ratio of 25.95, a PEG ratio of 2.15 and a beta of 1.30. The company has a current ratio of 3.81, a quick ratio of 3.81 and a debt-to-equity ratio of 0.08. ExlService Holdings, Inc. has a 1 year low of $42.69 and a 1 year high of $62.92.

ExlService Holdings (NASDAQ:EXLS) last released its quarterly earnings data on Thursday, October 26th. The business services provider reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.03. The business had revenue of $192.30 million for the quarter, compared to analysts’ expectations of $191.20 million. ExlService Holdings had a return on equity of 14.81% and a net margin of 9.94%. ExlService Holdings’s quarterly revenue was up 12.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.61 earnings per share. analysts predict that ExlService Holdings, Inc. will post 2.12 EPS for the current year.

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Large investors have recently made changes to their positions in the business. Huntington National Bank grew its position in ExlService Holdings by 82.8% in the second quarter. Huntington National Bank now owns 2,007 shares of the business services provider’s stock valued at $112,000 after acquiring an additional 909 shares during the period. Riverhead Capital Management LLC grew its position in ExlService Holdings by 61.7% in the second quarter. Riverhead Capital Management LLC now owns 2,264 shares of the business services provider’s stock valued at $126,000 after acquiring an additional 864 shares during the period. Personal Capital Advisors Corp bought a new stake in ExlService Holdings in the second quarter valued at $212,000. Sei Investments Co. grew its position in ExlService Holdings by 105.3% in the second quarter. Sei Investments Co. now owns 3,899 shares of the business services provider’s stock valued at $217,000 after acquiring an additional 2,000 shares during the period. Finally, Fortaleza Asset Management Inc. bought a new stake in ExlService Holdings in the second quarter valued at $230,000. Hedge funds and other institutional investors own 94.05% of the company’s stock.

A number of research analysts have recently commented on EXLS shares. Citigroup Inc. lowered ExlService Holdings from a “buy” rating to a “neutral” rating and upped their price target for the stock from $54.00 to $59.00 in a report on Tuesday, July 18th. Stifel Nicolaus reiterated a “buy” rating and set a $67.00 price target (up from $60.00) on shares of ExlService Holdings in a report on Sunday, July 30th. Cowen and Company reiterated a “buy” rating on shares of ExlService Holdings in a report on Friday, September 1st. Zacks Investment Research lowered ExlService Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, September 27th. Finally, SunTrust Banks, Inc. reiterated a “hold” rating and set a $60.00 price target on shares of ExlService Holdings in a report on Monday, October 9th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $62.33.

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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