Susquehanna Fundamental Investments LLC Takes Position in ExlService Holdings, Inc. (NASDAQ:EXLS)

Susquehanna Fundamental Investments LLC acquired a new stake in ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 257,164 shares of the business services provider's stock, valued at approximately $11,413,000. Susquehanna Fundamental Investments LLC owned 0.16% of ExlService as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Barclays PLC boosted its position in ExlService by 62.6% in the 3rd quarter. Barclays PLC now owns 446,605 shares of the business services provider's stock worth $17,040,000 after purchasing an additional 171,912 shares in the last quarter. Tidal Investments LLC purchased a new position in shares of ExlService in the 3rd quarter valued at about $216,000. Franklin Resources Inc. raised its holdings in ExlService by 4.2% in the 3rd quarter. Franklin Resources Inc. now owns 99,057 shares of the business services provider's stock worth $3,953,000 after purchasing an additional 4,029 shares during the period. GAMMA Investing LLC boosted its position in ExlService by 24.9% during the fourth quarter. GAMMA Investing LLC now owns 2,911 shares of the business services provider's stock worth $129,000 after purchasing an additional 580 shares in the last quarter. Finally, Park Avenue Securities LLC grew its holdings in ExlService by 46.9% in the fourth quarter. Park Avenue Securities LLC now owns 8,053 shares of the business services provider's stock valued at $357,000 after purchasing an additional 2,570 shares during the period. 92.92% of the stock is owned by institutional investors and hedge funds.

ExlService Price Performance

NASDAQ EXLS traded up $0.52 during trading hours on Friday, hitting $46.83. 972,964 shares of the company's stock traded hands, compared to its average volume of 1,021,346. The company has a market capitalization of $7.60 billion, a PE ratio of 41.09, a PEG ratio of 2.11 and a beta of 0.91. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.02 and a quick ratio of 3.02. ExlService Holdings, Inc. has a 52-week low of $28.59 and a 52-week high of $52.43. The firm's 50-day moving average is $45.93 and its 200-day moving average is $45.97.

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. ExlService had a return on equity of 23.23% and a net margin of 10.61%. The firm had revenue of $501.02 million for the quarter, compared to the consensus estimate of $489.66 million. During the same quarter last year, the business posted $0.38 earnings per share. The firm's revenue was up 14.8% compared to the same quarter last year. Equities analysts forecast that ExlService Holdings, Inc. will post 1.27 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Ajay Ayyappan sold 16,186 shares of the firm's stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $51.50, for a total transaction of $833,579.00. Following the completion of the sale, the executive vice president now directly owns 40,986 shares of the company's stock, valued at approximately $2,110,779. This trade represents a 28.31 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Anita Mahon sold 10,558 shares of the stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $45.92, for a total transaction of $484,823.36. Following the transaction, the executive vice president now directly owns 94,443 shares of the company's stock, valued at approximately $4,336,822.56. This trade represents a 10.06 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 33,598 shares of company stock valued at $1,661,461 over the last ninety days. Company insiders own 4.16% of the company's stock.

Analyst Upgrades and Downgrades

EXLS has been the topic of a number of recent analyst reports. Needham & Company LLC increased their target price on ExlService from $50.00 to $60.00 and gave the company a "buy" rating in a research report on Thursday, February 27th. StockNews.com downgraded shares of ExlService from a "buy" rating to a "hold" rating in a report on Monday, April 14th. JPMorgan Chase & Co. boosted their target price on shares of ExlService from $52.00 to $53.00 and gave the stock an "overweight" rating in a research note on Thursday. Jefferies Financial Group raised their price target on shares of ExlService from $47.00 to $57.00 and gave the company a "buy" rating in a research note on Tuesday, January 21st. Finally, Stifel Nicolaus boosted their price objective on ExlService from $48.00 to $54.00 and gave the stock a "buy" rating in a research note on Thursday, February 27th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $50.57.

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.