Rohit Kapoor Sells 100,000 Shares of ExlService Holdings, Inc. (NASDAQ:EXLS) Stock

ExlService Holdings, Inc. (NASDAQ:EXLS) CEO Rohit Kapoor sold 100,000 shares of the company’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $45.66, for a total transaction of $4,566,000.00. Following the completion of the transaction, the chief executive officer now owns 789,645 shares in the company, valued at approximately $36,055,190.70. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Monday, November 4th, Rohit Kapoor sold 100,000 shares of ExlService stock. The stock was sold at an average price of $42.07, for a total transaction of $4,207,000.00.
• On Friday, November 1st, Rohit Kapoor sold 100,000 shares of ExlService stock. The stock was sold at an average price of $41.45, for a total value of $4,145,000.00.
• On Thursday, August 29th, Rohit Kapoor sold 35,000 shares of ExlService stock. The shares were sold at an average price of $36.18, for a total value of $1,266,300.00.

ExlService Price Performance

Shares of NASDAQ EXLS traded down $0.08 during trading on Tuesday, hitting $46.82. The company had a trading volume of 921,786 shares, compared to its average volume of 955,242. The business’s 50-day moving average is $38.95 and its 200 day moving average is $34.52. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.02 and a current ratio of 3.02. ExlService Holdings, Inc. has a 52 week low of $26.54 and a 52 week high of $47.32. The company has a market cap of $7.53 billion, a P/E ratio of 41.14, a PEG ratio of 2.22 and a beta of 0.99.

ExlService (NASDAQ:EXLS) last issued its quarterly earnings results on Tuesday, October 29th. The business services provider reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.03. The firm had revenue of $472.07 million for the quarter, compared to analyst estimates of $460.73 million. ExlService had a return on equity of 23.23% and a net margin of 10.61%. The company’s quarterly revenue was up 14.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.30 earnings per share. Equities research analysts predict that ExlService Holdings, Inc. will post 1.27 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on EXLS shares. Robert W. Baird lifted their price objective on shares of ExlService from $40.00 to $44.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Citigroup raised their price objective on shares of ExlService from $38.00 to $46.00 and gave the company a “buy” rating in a research note on Monday, October 14th. Needham & Company LLC boosted their price objective on shares of ExlService from $40.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. JPMorgan Chase & Co. increased their price target on ExlService from $38.00 to $41.00 and gave the stock an “overweight” rating in a research note on Friday, September 6th. Finally, StockNews.com raised shares of ExlService from a “hold” rating to a “buy” rating in a research report on Monday, November 4th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, ExlService has an average rating of “Moderate Buy” and a consensus target price of $42.86.

Institutional Trading of ExlService

Several institutional investors and hedge funds have recently made changes to their positions in EXLS. Chartwell Investment Partners LLC increased its position in shares of ExlService by 0.8% in the third quarter. Chartwell Investment Partners LLC now owns 31,353 shares of the business services provider’s stock valued at $1,196,000 after acquiring an additional 254 shares during the last quarter. Azzad Asset Management Inc. ADV lifted its holdings in shares of ExlService by 1.1% in the third quarter. Azzad Asset Management Inc. ADV now owns 24,757 shares of the business services provider’s stock valued at $944,000 after purchasing an additional 261 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in shares of ExlService by 3.4% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 8,897 shares of the business services provider’s stock worth $279,000 after buying an additional 291 shares during the last quarter. V Square Quantitative Management LLC grew its holdings in ExlService by 5.2% during the 2nd quarter. V Square Quantitative Management LLC now owns 7,123 shares of the business services provider’s stock valued at $223,000 after buying an additional 349 shares in the last quarter. Finally, UMB Bank n.a. boosted its stake in shares of ExlService by 29.7% in the 3rd quarter. UMB Bank n.a. now owns 1,638 shares of the business services provider’s stock valued at $62,000 after purchasing an additional 375 shares in the last quarter. Institutional investors own 92.92% of the company’s stock.

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.