ExlService Holdings, Inc. (NASDAQ:EXLS) Shares Bought by GHP Investment Advisors Inc.

GHP Investment Advisors Inc. grew its position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 17.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 186,156 shares of the business services provider’s stock after purchasing an additional 27,868 shares during the quarter. GHP Investment Advisors Inc. owned 0.11% of ExlService worth $7,102,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in EXLS. Whittier Trust Co. of Nevada Inc. grew its stake in ExlService by 164.0% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 924 shares of the business services provider’s stock valued at $29,000 after acquiring an additional 574 shares in the last quarter. New Covenant Trust Company N.A. acquired a new position in shares of ExlService in the first quarter valued at $30,000. Fidelis Capital Partners LLC acquired a new stake in shares of ExlService during the 1st quarter valued at about $43,000. Headlands Technologies LLC grew its stake in shares of ExlService by 269.0% in the 1st quarter. Headlands Technologies LLC now owns 1,594 shares of the business services provider’s stock valued at $51,000 after purchasing an additional 1,162 shares during the period. Finally, GAMMA Investing LLC boosted its stake in shares of ExlService by 28.7% in the 2nd quarter. GAMMA Investing LLC now owns 1,755 shares of the business services provider’s stock valued at $55,000 after purchasing an additional 391 shares in the last quarter. Institutional investors own 92.92% of the company’s stock.

ExlService Stock Down 1.2 %

ExlService stock traded down $0.48 during trading on Friday, hitting $38.60. 775,996 shares of the company were exchanged, compared to its average volume of 941,627. The company has a current ratio of 2.45, a quick ratio of 2.45 and a debt-to-equity ratio of 0.30. The business’s 50 day moving average is $37.45 and its 200 day moving average is $33.45. ExlService Holdings, Inc. has a 52 week low of $25.34 and a 52 week high of $40.77. The company has a market capitalization of $6.47 billion, a P/E ratio of 35.74, a PEG ratio of 2.05 and a beta of 1.00.

ExlService (NASDAQ:EXLS) last announced its quarterly earnings data on Thursday, August 1st. The business services provider reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.01. ExlService had a return on equity of 22.92% and a net margin of 10.45%. The business had revenue of $448.40 million during the quarter, compared to analyst estimates of $444.61 million. During the same period in the prior year, the company earned $0.31 earnings per share. ExlService’s revenue was up 10.7% compared to the same quarter last year. Analysts predict that ExlService Holdings, Inc. will post 1.28 earnings per share for the current year.

Insider Buying and Selling

In other ExlService news, CEO Rohit Kapoor sold 35,000 shares of the business’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $36.18, for a total value of $1,266,300.00. Following the completion of the sale, the chief executive officer now owns 1,424,588 shares in the company, valued at approximately $51,541,593.84. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, CEO Rohit Kapoor sold 35,000 shares of ExlService stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $36.18, for a total transaction of $1,266,300.00. Following the completion of the transaction, the chief executive officer now directly owns 1,424,588 shares of the company’s stock, valued at $51,541,593.84. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Vikas Bhalla sold 11,190 shares of the firm’s stock in a transaction on Monday, August 12th. The shares were sold at an average price of $34.25, for a total value of $383,257.50. Following the transaction, the insider now owns 100,866 shares of the company’s stock, valued at $3,454,660.50. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 134,875 shares of company stock worth $4,716,859 in the last quarter. 3.75% of the stock is owned by insiders.

Analysts Set New Price Targets

EXLS has been the subject of several research reports. JPMorgan Chase & Co. lifted their target price on ExlService from $38.00 to $41.00 and gave the company an “overweight” rating in a research note on Friday, September 6th. Needham & Company LLC reaffirmed a “buy” rating and set a $40.00 price target on shares of ExlService in a research report on Friday, August 2nd. Jefferies Financial Group upgraded ExlService from a “hold” rating to a “buy” rating and upped their target price for the stock from $35.00 to $42.00 in a report on Monday, September 9th. Robert W. Baird upped their target price on shares of ExlService from $35.00 to $40.00 and gave the company a “neutral” rating in a report on Thursday, October 10th. Finally, Citigroup lifted their price objective on shares of ExlService from $38.00 to $46.00 and gave the stock a “buy” rating in a research report on Monday, October 14th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $40.86.

ExlService 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.