103,811 Shares in ExlService Holdings, Inc. $EXLS Acquired by Prevail Innovative Wealth Advisors LLC

Key Points

• Prevail Innovative Wealth Advisors LLC bought a new stake of 103,811 shares of ExlService (≈$4.57 million), representing about 0.07% of the company, while institutional investors now hold roughly 92.92% of the stock.
• Analysts show a generally positive view with a consensus rating of "Moderate Buy" and a consensus price target of $43.60, although several firms recently trimmed their targets (e.g., TD Cowen to $45, Stifel to $46).
• Insider activity included EVP Ajay Ayyappan selling 8,114 shares at an average of $42.53, and the stock is trading around $32.51, below its 50-day ($36.59) and 200-day ($39.91) moving averages.

Prevail Innovative Wealth Advisors LLC purchased a new stake in ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 103,811 shares of the business services provider's stock, valued at approximately $4,571,000. Prevail Innovative Wealth Advisors LLC owned about 0.07% of ExlService as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Mather Group LLC. bought a new position in shares of ExlService during the third quarter valued at $25,000. CENTRAL TRUST Co lifted its stake in ExlService by 2,428.0% in the third quarter. CENTRAL TRUST Co now owns 632 shares of the business services provider's stock valued at $28,000 after buying an additional 607 shares during the period. First Horizon Corp acquired a new position in shares of ExlService during the 3rd quarter valued at $32,000. Farther Finance Advisors LLC raised its holdings in shares of ExlService by 533.6% during the third quarter. Farther Finance Advisors LLC now owns 792 shares of the business services provider's stock valued at $35,000 after purchasing an additional 667 shares during the period. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in ExlService during the 2nd quarter worth approximately $43,000. 92.92% of the stock is currently owned by institutional investors and hedge funds.

ExlService Price Performance

Shares of NASDAQ:EXLS opened at $32.51 on Friday. The company's fifty day moving average price is $36.59 and its 200-day moving average price is $39.91. ExlService Holdings, Inc. has a one year low of $26.94 and a one year high of $48.79. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.56 and a quick ratio of 2.56. The firm has a market capitalization of $5.08 billion, a price-to-earnings ratio of 21.11, a PEG ratio of 1.40 and a beta of 0.91.

Insider Activity at ExlService

In other news, EVP Ajay Ayyappan sold 8,114 shares of the business's stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of $42.53, for a total value of $345,088.42. Following the completion of the sale, the executive vice president directly owned 53,515 shares in the company, valued at approximately $2,275,992.95. The trade was a 13.17% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders have sold 11,586 shares of company stock worth $449,725 over the last quarter. Company insiders own 4.04% of the company's stock.

Analysts Set New Price Targets

Several research firms have weighed in on EXLS. Robert W. Baird set a $35.00 price objective on shares of ExlService in a report on Wednesday, February 25th. TD Cowen dropped their price target on ExlService from $51.00 to $45.00 and set a "buy" rating on the stock in a report on Thursday, February 26th. Stifel Nicolaus lowered their price objective on shares of ExlService from $54.00 to $46.00 and set a "buy" rating on the stock in a research report on Thursday, February 26th. Wall Street Zen upgraded ExlService from a "hold" rating to a "buy" rating in a research note on Saturday, February 7th. Finally, Weiss Ratings restated a "hold (c+)" rating on shares of ExlService in a research report on Thursday, January 22nd. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $43.60.

ExlService Profile

ExlService Holdings, Inc NASDAQ: EXLS is a global operations management and analytics company that partners with clients in insurance, healthcare, banking, and financial services to drive digital transformation and operational excellence. The firm delivers analytics-driven solutions and business process outsourcing services, including claims adjudication, finance and accounting, data management, and customer service support. ExlService combines domain expertise with advanced analytics, artificial intelligence, and automation technologies to help organizations optimize processes, enhance customer experiences, and manage risk.

Founded in 1999 and headquartered in New York City, ExlService has grown through a mix of organic expansion and strategic acquisitions, earning recognition for its data analytics capabilities and industry-specific knowledge.

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