GHP Investment Advisors Inc. Buys 79,606 Shares of ExlService Holdings, Inc. (NASDAQ:EXLS)

GHP Investment Advisors Inc. boosted its stake in ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) by 1,301.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 85,723 shares of the business services provider's stock after acquiring an additional 79,606 shares during the quarter. GHP Investment Advisors Inc. owned 0.05% of ExlService worth $2,645,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. FinTrust Capital Advisors LLC acquired a new stake in ExlService in the 3rd quarter valued at $29,000. Public Employees Retirement System of Ohio increased its stake in shares of ExlService by 439.5% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 1,052 shares of the business services provider's stock worth $29,000 after purchasing an additional 857 shares during the last quarter. Operose Advisors LLC acquired a new position in shares of ExlService during the 3rd quarter worth about $38,000. RiverPark Advisors LLC increased its stake in shares of ExlService by 65.2% during the 4th quarter. RiverPark Advisors LLC now owns 1,274 shares of the business services provider's stock worth $39,000 after purchasing an additional 503 shares during the last quarter. Finally, Fifth Third Bancorp increased its stake in shares of ExlService by 944.3% during the 3rd quarter. Fifth Third Bancorp now owns 1,556 shares of the business services provider's stock worth $44,000 after purchasing an additional 1,407 shares during the last quarter. 92.92% of the stock is owned by institutional investors.

Insider Buying and Selling at ExlService

In other news, EVP Vikas Bhalla sold 23,760 shares of the company's stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $31.51, for a total transaction of $748,677.60. Following the completion of the sale, the executive vice president now owns 127,046 shares of the company's stock, valued at approximately $4,003,219.46. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, EVP Ajay Ayyappan sold 9,259 shares of the company's stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $31.59, for a total transaction of $292,491.81. Following the completion of the sale, the executive vice president now owns 50,693 shares of the company's stock, valued at approximately $1,601,391.87. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Vikas Bhalla sold 23,760 shares of the company's stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $31.51, for a total transaction of $748,677.60. Following the sale, the executive vice president now directly owns 127,046 shares of the company's stock, valued at approximately $4,003,219.46. The disclosure for this sale can be found here. Insiders own 3.75% of the company's stock.

ExlService Stock Performance

NASDAQ EXLS traded down $0.31 during trading on Friday, reaching $30.11. The company's stock had a trading volume of 1,470,890 shares, compared to its average volume of 960,566. The company has a current ratio of 2.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $4.99 billion, a price-to-earnings ratio of 27.52, a price-to-earnings-growth ratio of 1.55 and a beta of 0.97. ExlService Holdings, Inc. has a 12 month low of $25.17 and a 12 month high of $35.94. The firm has a 50 day moving average price of $30.88 and a 200 day moving average price of $29.74.

ExlService (NASDAQ:EXLS - Get Free Report) last posted its quarterly earnings data on Thursday, February 29th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.27 by ($0.01). The business had revenue of $414.06 million during the quarter, compared to the consensus estimate of $408.56 million. ExlService had a net margin of 11.32% and a return on equity of 22.83%. As a group, equities analysts anticipate that ExlService Holdings, Inc. will post 1.3 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

EXLS has been the topic of several recent analyst reports. Citigroup upgraded shares of ExlService from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $29.00 to $36.00 in a research note on Wednesday, January 17th. Wedbush restated a "neutral" rating and set a $34.00 price objective on shares of ExlService in a research note on Thursday, December 14th. StockNews.com lowered shares of ExlService from a "buy" rating to a "hold" rating in a research note on Thursday, February 29th. Needham & Company LLC restated a "buy" rating and set a $40.00 price objective on shares of ExlService in a research note on Friday, March 1st. 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. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $36.00.

ExlService Company 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.