Jump Financial LLC Makes New $793,000 Investment in ExlService Holdings, Inc. (NASDAQ:EXLS)

Jump Financial LLC purchased a new stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) in the 4th quarter, HoldingsChannel reports. The firm purchased 17,873 shares of the business services provider’s stock, valued at approximately $793,000.

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

ExlService Trading Down 3.5 %

Shares of NASDAQ EXLS opened at $43.31 on Tuesday. The stock has a market cap of $7.03 billion, a P/E ratio of 37.99, a price-to-earnings-growth ratio of 2.11 and a beta of 0.91. The company has a debt-to-equity ratio of 0.37, a current ratio of 3.02 and a quick ratio of 3.02. ExlService Holdings, Inc. has a 1 year low of $28.59 and a 1 year high of $52.43. The firm has a 50-day moving average of $46.76 and a 200 day moving average of $45.73.

ExlService (NASDAQ:EXLS) last issued its quarterly 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 company had revenue of $481.43 million during the quarter, compared to the consensus estimate of $475.68 million. ExlService had a return on equity of 23.23% and a net margin of 10.61%. As a group, sell-side analysts expect that ExlService Holdings, Inc. will post 1.27 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on EXLS. StockNews.com lowered shares of ExlService from a “buy” rating to a “hold” rating in a report on Monday, April 14th. Jefferies Financial Group boosted their target price on ExlService from $47.00 to $57.00 and gave the company a “buy” rating in a research note on Tuesday, January 21st. Needham & Company LLC lifted their price target on shares of ExlService from $50.00 to $60.00 and gave the company a “buy” rating in a report on Thursday, February 27th. Finally, Stifel Nicolaus raised their target price on shares of ExlService from $48.00 to $54.00 and gave the stock a “buy” rating in a research report on Thursday, February 27th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $48.86.

Insider Activity

In other news, EVP Ajay Ayyappan sold 1,865 shares of the business’s stock in a transaction on Friday, February 28th. The stock was sold at an average price of $48.32, for a total value of $90,116.80. Following the completion of the transaction, the executive vice president now owns 40,986 shares in the company, valued at $1,980,443.52. The trade was a 4.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Maurizio Nicolelli sold 13,753 shares of the stock in a transaction on Monday, January 27th. The shares were sold at an average price of $49.14, for a total value of $675,822.42. Following the sale, the chief financial officer now directly owns 194,440 shares in the company, valued at $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 47,351 shares of company stock worth $2,337,284 over the last three months. 4.16% of the stock is currently owned by corporate 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.