Calamos Advisors LLC Takes Position in ExlService Holdings, Inc. (NASDAQ:EXLS)

Calamos Advisors LLC acquired a new position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 44,671 shares of the business services provider's stock, valued at approximately $1,378,000.

Several other large investors have also recently bought and sold shares of EXLS. Tandem Investment Advisors Inc. raised its stake in ExlService by 4.0% during the 4th quarter. Tandem Investment Advisors Inc. now owns 8,579 shares of the business services provider's stock worth $265,000 after buying an additional 333 shares during the period. RiverPark Advisors LLC increased its holdings in 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 in the last quarter. Public Employees Retirement System of Ohio increased its holdings in 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 in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in ExlService by 1.5% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 56,554 shares of the business services provider's stock worth $1,745,000 after purchasing an additional 858 shares in the last quarter. Finally, FinTrust Capital Advisors LLC bought a new position in ExlService during the 3rd quarter worth about $29,000. Institutional investors and hedge funds own 92.92% of the company's stock.

ExlService Stock Performance

NASDAQ EXLS traded up $0.27 during trading on Monday, reaching $29.59. 701,961 shares of the company's stock were exchanged, compared to its average volume of 974,558. The business has a 50 day moving average price of $30.72 and a 200-day moving average price of $29.82. The stock has a market capitalization of $4.91 billion, a P/E ratio of 27.05, a PEG ratio of 1.53 and a beta of 0.97. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.08 and a quick ratio of 2.08. ExlService Holdings, Inc. has a fifty-two week low of $25.17 and a fifty-two week high of $35.94.

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

Insider Activity at ExlService

In related news, EVP Vikas Bhalla sold 23,760 shares of the stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $31.51, for a total value of $748,677.60. Following the completion of the sale, the executive vice president now directly owns 127,046 shares in the company, valued at $4,003,219.46. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other ExlService news, EVP Ajay Ayyappan sold 9,259 shares of the stock in a transaction dated Tuesday, March 12th. The stock was 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 directly owns 50,693 shares in the company, valued at approximately $1,601,391.87. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Vikas Bhalla sold 23,760 shares of the stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $31.51, for a total value of $748,677.60. Following the sale, the executive vice president now owns 127,046 shares of the company's stock, valued at $4,003,219.46. The disclosure for this sale can be found here. 3.75% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have issued reports on EXLS. StockNews.com cut ExlService from a "buy" rating to a "hold" rating in a report on Thursday, February 29th. TD Cowen lifted their target price on ExlService from $36.00 to $37.00 and gave the company an "outperform" rating in a research report on Tuesday, April 2nd. Needham & Company LLC reaffirmed a "buy" rating and issued a $40.00 target price on shares of ExlService in a research report on Friday, March 1st. Finally, Citigroup lowered their target price on ExlService from $38.00 to $37.00 and set a "buy" rating on the stock in a research report on Monday. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, ExlService has an average rating of "Moderate Buy" and a consensus price target of $36.14.

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.