ExlService Holdings, Inc. (NASDAQ:EXLS) Shares Bought by ExodusPoint Capital Management LP

ExodusPoint Capital Management LP boosted its holdings in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 34.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 78,958 shares of the business services provider’s stock after purchasing an additional 20,039 shares during the quarter. ExodusPoint Capital Management LP’s holdings in ExlService were worth $3,504,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of EXLS. Mather Group LLC. acquired a new stake in ExlService in the 4th quarter valued at $25,000. Kestra Investment Management LLC purchased a new position in ExlService during the fourth quarter valued at $26,000. USA Financial Formulas acquired a new stake in shares of ExlService in the fourth quarter valued at about $58,000. VisionPoint Advisory Group LLC purchased a new stake in shares of ExlService during the fourth quarter worth about $58,000. Finally, UMB Bank n.a. raised its position in shares of ExlService by 17.6% during the 4th quarter. UMB Bank n.a. now owns 1,926 shares of the business services provider’s stock worth $85,000 after purchasing an additional 288 shares during the last quarter. 92.92% of the stock is owned by institutional investors and hedge funds.

ExlService Stock Down 7.0 %

Shares of EXLS opened at $42.86 on Monday. ExlService Holdings, Inc. has a 52-week low of $28.59 and a 52-week high of $52.43. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 0.37. The stock has a fifty day simple moving average of $48.48 and a two-hundred day simple moving average of $45.19. The company has a market capitalization of $6.96 billion, a PE ratio of 37.60, a price-to-earnings-growth ratio of 2.11 and a beta of 0.91.

ExlService (NASDAQ:EXLS) last issued its earnings results on Tuesday, February 25th. The business services provider reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.08). The firm had revenue of $481.43 million for the quarter, compared to analysts’ expectations of $475.68 million. ExlService had a return on equity of 23.23% and a net margin of 10.61%. As a group, equities analysts forecast that ExlService Holdings, Inc. will post 1.27 EPS for the current year.

Analyst Ratings Changes

EXLS has been the subject of several research reports. StockNews.com upgraded ExlService from a “hold” rating to a “buy” rating in a research note on Sunday, February 2nd. Jefferies Financial Group increased their price objective on ExlService from $47.00 to $57.00 and gave the company a “buy” rating in a research note on Tuesday, January 21st. Stifel Nicolaus lifted their target price on shares of ExlService from $48.00 to $54.00 and gave the stock a “buy” rating in a research note on Thursday, February 27th. Finally, Needham & Company LLC upped their target price on shares of ExlService from $50.00 to $60.00 and gave the stock a “buy” rating in a report on Thursday, February 27th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $48.86.

Insider Buying and Selling at ExlService

In other ExlService news, EVP Anita Mahon sold 10,558 shares of ExlService stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $45.92, for a total transaction of $484,823.36. Following the completion of the sale, the executive vice president now directly owns 94,443 shares in the company, valued at $4,336,822.56. This trade represents a 10.06 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Ajay Ayyappan sold 16,186 shares of the company’s stock in a transaction that occurred on Monday, February 10th. The stock was 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 owns 40,986 shares in the company, valued at approximately $2,110,779. This represents a 28.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 47,351 shares of company stock worth $2,337,284 over the last quarter. 4.16% of the stock is currently owned by company insiders.

About ExlService

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.