ExlService Holdings, Inc. (NASDAQ:EXLS) Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA decreased its holdings in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 6.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 338,457 shares of the business services provider’s stock after selling 25,145 shares during the period. Leeward Investments LLC MA owned approximately 0.21% of ExlService worth $15,021,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in EXLS. Mather Group LLC. acquired a new stake in ExlService in the fourth quarter valued at about $25,000. Kestra Investment Management LLC acquired a new stake in ExlService in the fourth quarter valued at about $26,000. Ashton Thomas Securities LLC acquired a new stake in ExlService in the third quarter valued at about $27,000. Huntington National Bank lifted its position in ExlService by 2,827.5% in the third quarter. Huntington National Bank now owns 1,171 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 1,131 shares during the period. Finally, USA Financial Formulas acquired a new stake in ExlService in the fourth quarter valued at about $58,000. Institutional investors and hedge funds own 92.92% of the company’s stock.

ExlService Price Performance

EXLS stock opened at $48.00 on Friday. The company has a current ratio of 3.02, a quick ratio of 3.02 and a debt-to-equity ratio of 0.37. The firm has a 50 day moving average of $47.79 and a 200-day moving average of $42.76. ExlService Holdings, Inc. has a 12-month low of $28.16 and a 12-month high of $52.43. The company has a market cap of $7.72 billion, a price-to-earnings ratio of 42.11, a PEG ratio of 2.11 and a beta of 1.03.

Insider Transactions at ExlService

In other news, EVP Ajay Ayyappan sold 16,186 shares of the firm’s stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $51.50, for a total transaction of $833,579.00. Following the completion of the transaction, the executive vice president now directly owns 40,986 shares of the company’s stock, valued at $2,110,779. This trade represents a 28.31 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Maurizio Nicolelli sold 13,753 shares of the firm’s stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $49.14, for a total transaction of $675,822.42. Following the transaction, the chief financial officer now directly owns 194,440 shares of the company’s stock, valued at approximately $9,554,781.60. This trade represents a 6.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 34,928 shares of company stock valued at $1,762,344 in the last ninety days. Corporate insiders own 4.16% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Robert W. Baird raised their price objective on shares of ExlService from $40.00 to $44.00 and gave the company a “neutral” rating in a research report on Thursday, October 31st. Jefferies Financial Group raised their price objective on shares of ExlService from $47.00 to $57.00 and gave the company a “buy” rating in a research report on Tuesday, January 21st. StockNews.com upgraded shares of ExlService from a “hold” rating to a “buy” rating in a research report on Sunday, February 2nd. Finally, Needham & Company LLC lifted their price target on shares of ExlService from $40.00 to $50.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $45.00.

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.