Envestnet Portfolio Solutions Inc. Has $404,000 Holdings in ExlService Holdings, Inc. (NASDAQ:EXLS)

Envestnet Portfolio Solutions Inc. boosted its holdings in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 31.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,086 shares of the business services provider’s stock after buying an additional 3,163 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in ExlService were worth $404,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Public Employees Retirement System of Ohio increased its holdings in shares of 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 valued at $29,000 after acquiring an additional 857 shares during the last quarter. Principal Securities Inc. bought a new position in shares of ExlService in the fourth quarter valued at approximately $34,000. Operose Advisors LLC acquired a new stake in shares of ExlService in the third quarter worth $38,000. RiverPark Advisors LLC boosted its holdings in shares of 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 buying an additional 503 shares during the period. Finally, GAMMA Investing LLC acquired a new position in ExlService in the 4th quarter valued at $43,000. 92.92% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other ExlService news, EVP Ajay Ayyappan sold 9,259 shares of the company’s stock in a transaction on Tuesday, March 12th. The shares were 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 owns 50,693 shares in the company, valued at approximately $1,601,391.87. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other ExlService news, EVP Vikas Bhalla sold 23,760 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $31.51, for a total transaction of $748,677.60. Following the transaction, the executive vice president now owns 127,046 shares of the company’s stock, valued at approximately $4,003,219.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Ajay Ayyappan sold 9,259 shares of the company’s stock in a transaction dated Tuesday, March 12th. The shares were 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 $1,601,391.87. The disclosure for this sale can be found here. In the last quarter, insiders have sold 126,866 shares of company stock valued at $3,927,176. 3.75% of the stock is currently owned by corporate insiders.

ExlService Stock Down 0.7 %

Shares of EXLS stock opened at $30.95 on Friday. ExlService Holdings, Inc. has a one year low of $25.17 and a one year high of $33.40. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 2.54. The stock has a fifty day moving average price of $30.38 and a 200 day moving average price of $30.23. The stock has a market cap of $5.03 billion, a P/E ratio of 28.66, a price-to-earnings-growth ratio of 1.65 and a beta of 1.00.

ExlService (NASDAQ:EXLS) last issued its quarterly earnings data on Thursday, May 2nd. The business services provider reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.01. ExlService had a return on equity of 23.13% and a net margin of 10.92%. The company had revenue of $436.51 million during the quarter, compared to analysts’ expectations of $424.81 million. Analysts predict that ExlService Holdings, Inc. will post 1.28 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have weighed in on EXLS. TD Cowen boosted their target price on shares of ExlService from $36.00 to $37.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 2nd. Citigroup decreased their target price on ExlService from $38.00 to $37.00 and set a “buy” rating for the company in a research note on Monday, April 22nd. Needham & Company LLC reaffirmed a “buy” rating and issued a $40.00 price target on shares of ExlService in a research report on Friday, May 3rd. Wedbush upgraded ExlService from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $34.00 to $40.00 in a report on Wednesday, May 8th. Finally, StockNews.com lowered shares of ExlService from a “buy” rating to a “hold” rating in a research report on Thursday, February 29th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $37.00.

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.