ExlService Holdings, Inc. (NASDAQ:EXLS – Get Rating) EVP Nalin Kumar Miglani sold 2,750 shares of the business’s stock in a transaction dated Tuesday, January 17th. The shares were sold at an average price of $173.69, for a total transaction of $477,647.50. Following the transaction, the executive vice president now directly owns 4,294 shares of the company’s stock, valued at $745,824.86. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
ExlService Stock Up 2.1 %
EXLS stock opened at $169.36 on Friday. ExlService Holdings, Inc. has a 52-week low of $112.14 and a 52-week high of $191.18. The company’s 50 day simple moving average is $176.00 and its 200-day simple moving average is $168.72. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.02 and a quick ratio of 2.02. The firm has a market capitalization of $5.60 billion, a P/E ratio of 41.11, a P/E/G ratio of 1.93 and a beta of 1.02.
ExlService (NASDAQ:EXLS – Get Rating) last released its quarterly earnings results on Thursday, October 27th. The business services provider reported $1.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.13 by $0.13. ExlService had a net margin of 10.46% and a return on equity of 22.52%. The business had revenue of $361.35 million for the quarter, compared to analyst estimates of $345.71 million. As a group, equities research analysts anticipate that ExlService Holdings, Inc. will post 4.84 EPS for the current year.
Analyst Upgrades and Downgrades
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Drake & Associates LLC grew its position in ExlService by 7.8% during the fourth quarter. Drake & Associates LLC now owns 2,063 shares of the business services provider’s stock valued at $350,000 after purchasing an additional 149 shares in the last quarter. Ronald Blue Trust Inc. grew its position in ExlService by 119.3% in the fourth quarter. Ronald Blue Trust Inc. now owns 1,283 shares of the business services provider’s stock worth $189,000 after acquiring an additional 698 shares in the last quarter. MQS Management LLC bought a new stake in ExlService in the third quarter worth approximately $415,000. Bank of New York Mellon Corp grew its position in ExlService by 7.4% in the third quarter. Bank of New York Mellon Corp now owns 366,713 shares of the business services provider’s stock worth $54,041,000 after acquiring an additional 25,295 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its position in ExlService by 3.4% in the third quarter. Robeco Institutional Asset Management B.V. now owns 5,460 shares of the business services provider’s stock worth $805,000 after acquiring an additional 182 shares in the last quarter. 95.84% of the stock is owned by hedge funds and other institutional investors.
ExlService Holdings, Inc operates as a data analytics, and digital operations and solutions company in the United States and internationally. It operates through Insurance, Healthcare, Analytics, and Emerging Business segments. The company provides digital operations and solutions and analytics-driven services across the insurance industry in areas, 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.
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