ExlService Holdings, Inc. (NASDAQ:EXLS) Shares Sold by Fuller & Thaler Asset Management Inc.

Fuller & Thaler Asset Management Inc. decreased its position in ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) by 0.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,311,556 shares of the business services provider's stock after selling 21,250 shares during the period. Fuller & Thaler Asset Management Inc. owned about 1.44% of ExlService worth $102,587,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of EXLS. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of ExlService by 1.5% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 14,270 shares of the business services provider's stock worth $633,000 after purchasing an additional 214 shares during the last quarter. Kensington Investment Counsel LLC raised its position in ExlService by 0.7% in the fourth quarter. Kensington Investment Counsel LLC now owns 39,207 shares of the business services provider's stock valued at $1,740,000 after purchasing an additional 282 shares during the period. UMB Bank n.a. lifted its stake in shares of ExlService by 17.6% in the 4th quarter. UMB Bank n.a. now owns 1,926 shares of the business services provider's stock valued at $85,000 after purchasing an additional 288 shares during the last quarter. Dakota Wealth Management grew its holdings in shares of ExlService by 5.0% during the 4th quarter. Dakota Wealth Management now owns 6,497 shares of the business services provider's stock worth $288,000 after purchasing an additional 311 shares during the period. Finally, Heritage Family Offices LLP increased its position in shares of ExlService by 6.7% during the 4th quarter. Heritage Family Offices LLP now owns 6,677 shares of the business services provider's stock worth $296,000 after purchasing an additional 421 shares during the last quarter. 92.92% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on EXLS. Needham & Company LLC lifted their price target on shares of ExlService from $50.00 to $60.00 and gave the company a "buy" rating in a research report on Thursday, February 27th. Jefferies Financial Group lifted their target price on shares of ExlService from $47.00 to $57.00 and gave the company a "buy" rating in a report on Tuesday, January 21st. Stifel Nicolaus upped their price target on ExlService from $48.00 to $54.00 and gave the stock a "buy" rating in a research note on Thursday, February 27th. Finally, StockNews.com downgraded ExlService from a "buy" rating to a "hold" rating in a report on Monday, April 14th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, ExlService presently has a consensus rating of "Moderate Buy" and an average target price of $48.86.

ExlService Stock Down 1.6 %

ExlService stock traded down $0.70 during mid-day trading on Monday, hitting $43.73. The company had a trading volume of 489,257 shares, compared to its average volume of 994,620. The stock has a market cap of $7.10 billion, a price-to-earnings ratio of 38.48, a PEG ratio of 2.11 and a beta of 0.91. 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 1 year low of $28.59 and a 1 year high of $52.43. The business has a fifty day moving average of $46.21 and a 200 day moving average of $45.88.

ExlService (NASDAQ:EXLS - Get Free Report) last announced its quarterly earnings results on Tuesday, February 25th. The business services provider reported $0.34 EPS for the quarter, missing the consensus estimate 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 for the quarter, compared to analyst estimates of $475.68 million. On average, sell-side analysts expect that ExlService Holdings, Inc. will post 1.27 earnings per share for the current fiscal year.

Insider Transactions at ExlService

In related news, EVP Anita Mahon sold 10,558 shares of the company's stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $45.92, for a total value of $484,823.36. Following the completion of the sale, the executive vice president now owns 94,443 shares in the company, valued at $4,336,822.56. This represents a 10.06 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Ajay Ayyappan sold 1,865 shares of ExlService stock in a transaction on Friday, February 28th. The shares were sold at an average price of $48.32, for a total transaction of $90,116.80. Following the completion of the transaction, the executive vice president now owns 40,986 shares in the company, valued at approximately $1,980,443.52. This represents a 4.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 33,598 shares of company stock worth $1,661,461. Corporate insiders own 4.16% of the company's stock.

ExlService 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.