ExlService Holdings, Inc. (NASDAQ:EXLS) CEO Rohit Kapoor Sells 15,000 Shares

ExlService Holdings, Inc. (NASDAQ:EXLS - Get Free Report) CEO Rohit Kapoor sold 15,000 shares of the company's stock in a transaction that occurred on Friday, May 10th. The shares were sold at an average price of $30.61, for a total value of $459,150.00. Following the transaction, the chief executive officer now owns 1,616,435 shares of the company's stock, valued at approximately $49,479,075.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Rohit Kapoor also recently made the following trade(s):

• On Monday, May 13th, Rohit Kapoor sold 30,000 shares of ExlService stock. The stock was sold at an average price of $30.47, for a total transaction of $914,100.00.

ExlService Stock Performance

Shares of ExlService stock traded down $0.12 during midday trading on Tuesday, hitting $30.27. The company had a trading volume of 707,852 shares, compared to its average volume of 979,988. ExlService Holdings, Inc. has a 12-month low of $25.17 and a 12-month high of $33.40. The company has a quick ratio of 2.54, a current ratio of 2.54 and a debt-to-equity ratio of 0.35. The stock has a market cap of $4.92 billion, a price-to-earnings ratio of 28.06, a PEG ratio of 1.63 and a beta of 1.00. The company has a fifty day simple moving average of $30.50 and a 200 day simple moving average of $30.02.

ExlService (NASDAQ:EXLS - Get Free Report) last issued its quarterly earnings results on Thursday, February 29th. The business services provider reported $0.26 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.01). ExlService had a return on equity of 23.13% and a net margin of 10.92%. The company had revenue of $414.06 million during the quarter, compared to analysts' expectations of $408.56 million. As a group, analysts predict that ExlService Holdings, Inc. will post 1.27 earnings per share for the current fiscal year.

Analysts Set New Price Targets

EXLS has been the subject of a number of research analyst reports. Needham & Company LLC reiterated a "buy" rating and issued a $40.00 price target on shares of ExlService in a research note on Friday, May 3rd. StockNews.com lowered shares of ExlService from a "buy" rating to a "hold" rating in a research report on Thursday, February 29th. Citigroup dropped their price target on shares of ExlService from $38.00 to $37.00 and set a "buy" rating for the company in a research report on Monday, April 22nd. Wedbush raised shares of ExlService from a "neutral" rating to an "outperform" rating and upped their price target for the company from $34.00 to $40.00 in a research note on Wednesday, May 8th. Finally, TD Cowen upped their price target on shares of ExlService from $36.00 to $37.00 and gave the company an "outperform" rating in a research note on Tuesday, April 2nd. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $37.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Healthcare of Ontario Pension Plan Trust Fund lifted its position in ExlService by 156.5% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 418,100 shares of the business services provider's stock valued at $13,296,000 after buying an additional 255,100 shares during the last quarter. Bessemer Group Inc. increased its stake in ExlService by 7.8% during the first quarter. Bessemer Group Inc. now owns 629,845 shares of the business services provider's stock worth $20,030,000 after purchasing an additional 45,336 shares during the period. Covestor Ltd increased its stake in shares of ExlService by 23.1% during the first quarter. Covestor Ltd now owns 4,970 shares of the business services provider's stock worth $158,000 after buying an additional 933 shares during the period. Summit Creek Advisors LLC increased its stake in shares of ExlService by 0.6% during the first quarter. Summit Creek Advisors LLC now owns 598,707 shares of the business services provider's stock worth $19,039,000 after buying an additional 3,789 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in shares of ExlService by 0.9% in the first quarter. Vanguard Group Inc. now owns 17,176,353 shares of the business services provider's stock valued at $546,208,000 after acquiring an additional 160,723 shares during the period. Institutional investors and hedge funds own 92.92% of the company's stock.

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.

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