11,100 Shares in ExlService Holdings, Inc. (NASDAQ:EXLS) Acquired by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC acquired a new stake in ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,100 shares of the business services provider's stock, valued at approximately $493,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Mather Group LLC. bought a new stake in shares of ExlService in the 4th quarter valued at about $25,000. Kestra Investment Management LLC bought a new stake in shares of ExlService in the fourth quarter valued at approximately $26,000. USA Financial Formulas purchased a new position in shares of ExlService in the 4th quarter worth about $58,000. VisionPoint Advisory Group LLC purchased a new stake in shares of ExlService in the 4th quarter worth about $58,000. Finally, UMB Bank n.a. increased its position in shares of ExlService by 17.6% during the fourth quarter. UMB Bank n.a. now owns 1,926 shares of the business services provider's stock valued at $85,000 after acquiring an additional 288 shares in the last quarter. 92.92% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Ajay Ayyappan sold 4,989 shares of the firm's stock in a transaction that occurred on Wednesday, February 19th. The shares were 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 owns 40,986 shares of the company's stock, valued at approximately $2,077,990.20. This trade represents a 10.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Jaynie M. Studenmund sold 14,580 shares of the stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $47.53, for a total value of $692,987.40. The disclosure for this sale can be found here. Insiders have sold a total of 48,178 shares of company stock valued at $2,354,449 over the last quarter. Company insiders own 4.16% of the company's stock.

ExlService Stock Performance

Shares of NASDAQ:EXLS traded up $0.11 during trading on Thursday, hitting $46.16. 302,549 shares of the company traded hands, compared to its average volume of 1,023,131. ExlService Holdings, Inc. has a one year low of $28.59 and a one year high of $52.43. The stock has a market capitalization of $7.51 billion, a price-to-earnings ratio of 40.49, a PEG ratio of 2.11 and a beta of 0.86. The business's fifty day moving average is $45.77 and its 200-day moving average is $46.15. 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 (NASDAQ:EXLS - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The business services provider reported $0.48 EPS for the quarter, topping analysts' consensus estimates of $0.45 by $0.03. The business had revenue of $501.02 million during the quarter, compared to analysts' expectations of $489.66 million. ExlService had a return on equity of 23.23% and a net margin of 10.61%. The firm's quarterly revenue was up 14.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.38 earnings per share. As a group, equities analysts predict that ExlService Holdings, Inc. will post 1.27 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. StockNews.com downgraded ExlService from a "buy" rating to a "hold" rating in a report on Monday, April 14th. Jefferies Financial Group raised their price objective on ExlService from $47.00 to $57.00 and gave the company a "buy" rating in a research note on Tuesday, January 21st. Needham & Company LLC lifted their price target on ExlService from $50.00 to $60.00 and gave the company a "buy" rating in a report on Thursday, February 27th. JPMorgan Chase & Co. upped their price target on ExlService from $52.00 to $53.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. Finally, Stifel Nicolaus increased their price objective on ExlService from $48.00 to $54.00 and gave the stock a "buy" rating in a research report on Thursday, February 27th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $50.57.

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.