Jump Financial LLC Makes New Investment in ExlService Holdings, Inc. (NASDAQ:EXLS)

Jump Financial LLC purchased a new stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 17,873 shares of the business services provider's stock, valued at approximately $793,000.

Several other large investors also recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. grew its stake 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 valued at $633,000 after purchasing an additional 214 shares during the period. Kensington Investment Counsel LLC increased its holdings in ExlService by 0.7% during 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 buying an additional 282 shares during the last quarter. UMB Bank n.a. raised its position in ExlService by 17.6% in the fourth quarter. UMB Bank n.a. now owns 1,926 shares of the business services provider's stock worth $85,000 after acquiring an additional 288 shares during the period. Dakota Wealth Management grew its position 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 valued at $288,000 after acquiring an additional 311 shares during the period. Finally, Heritage Family Offices LLP raised its holdings in ExlService by 6.7% in 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 period. Institutional investors own 92.92% of the company's stock.

Insider Activity

In other ExlService news, EVP Anita Mahon sold 10,558 shares of the business's stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $45.92, for a total transaction of $484,823.36. Following the completion of the transaction, the executive vice president now owns 94,443 shares in the company, valued at $4,336,822.56. The trade was a 10.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Ajay Ayyappan sold 16,186 shares of the company's stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $51.50, for a total value of $833,579.00. Following the transaction, the executive vice president now directly owns 40,986 shares in the company, valued at approximately $2,110,779. This represents a 28.31 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 47,351 shares of company stock valued at $2,337,284 in the last ninety days. Insiders own 4.16% of the company's stock.

ExlService Price Performance

Shares of EXLS traded down $0.39 during mid-day trading on Friday, hitting $44.43. 1,546,014 shares of the stock were exchanged, compared to its average volume of 996,419. The firm has a 50-day moving average of $46.21 and a two-hundred day moving average of $45.88. ExlService Holdings, Inc. has a 52-week low of $28.59 and a 52-week high of $52.43. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.02 and a current ratio of 3.02. The company has a market cap of $7.21 billion, a PE ratio of 38.97, a price-to-earnings-growth ratio of 2.11 and a beta of 0.91.

ExlService (NASDAQ:EXLS - Get Free Report) last released its quarterly earnings data 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 net margin of 10.61% and a return on equity of 23.23%. The business had revenue of $481.43 million for the quarter, compared to the consensus estimate of $475.68 million. On average, equities analysts predict that ExlService Holdings, Inc. will post 1.27 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have recently commented on EXLS. Jefferies Financial Group raised their price objective on ExlService from $47.00 to $57.00 and gave the stock a "buy" rating in a research note on Tuesday, January 21st. Stifel Nicolaus upped their price target on shares of ExlService from $48.00 to $54.00 and gave the stock a "buy" rating in a research report on Thursday, February 27th. StockNews.com cut shares of ExlService from a "buy" rating to a "hold" rating in a research note on Monday, April 14th. Finally, Needham & Company LLC raised 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. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $48.86.

About ExlService

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.