Rohit Kapoor Sells 100,000 Shares of ExlService Holdings, Inc. (NASDAQ:EXLS) Stock

ExlService Holdings, Inc. (NASDAQ:EXLS) CEO Rohit Kapoor sold 100,000 shares of ExlService stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $46.87, for a total transaction of $4,687,000.00. Following the transaction, the chief executive officer now owns 689,645 shares in the company, valued at approximately $32,323,661.15. The trade was a 12.66 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Rohit Kapoor also recently made the following trade(s):

• On Friday, November 8th, Rohit Kapoor sold 100,000 shares of ExlService stock. The shares were sold at an average price of $45.66, for a total transaction of $4,566,000.00.
• On Monday, November 4th, Rohit Kapoor sold 100,000 shares of ExlService stock. The shares were sold at an average price of $42.07, for a total transaction of $4,207,000.00.
• On Friday, November 1st, Rohit Kapoor sold 100,000 shares of ExlService stock. The shares were sold at an average price of $41.45, for a total transaction of $4,145,000.00.
• On Thursday, August 29th, Rohit Kapoor sold 35,000 shares of ExlService stock. The shares were sold at an average price of $36.18, for a total transaction of $1,266,300.00.

ExlService Stock Down 1.6 %

ExlService stock opened at $44.69 on Friday. The firm has a market cap of $7.19 billion, a price-to-earnings ratio of 39.20, a P/E/G ratio of 2.25 and a beta of 0.99. 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 fifty-two week low of $27.27 and a fifty-two week high of $47.32. The firm has a fifty day moving average price of $39.75 and a two-hundred day moving average price of $34.90.

ExlService (NASDAQ:EXLS) last released its earnings results on Tuesday, October 29th. The business services provider reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. The firm had revenue of $472.07 million during the quarter, compared to analyst estimates of $460.73 million. ExlService had a net margin of 10.61% and a return on equity of 23.23%. The business’s revenue was up 14.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.30 EPS. As a group, analysts forecast that ExlService Holdings, Inc. will post 1.27 earnings per share for the current year.

Wall Street Analysts Forecast Growth

EXLS has been the topic of several research analyst reports. JPMorgan Chase & Co. boosted their price target on shares of ExlService from $38.00 to $41.00 and gave the company an “overweight” rating in a report on Friday, September 6th. StockNews.com upgraded shares of ExlService from a “hold” rating to a “buy” rating in a report on Wednesday. Needham & Company LLC lifted their price objective on shares of ExlService from $40.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Robert W. Baird lifted their price objective on shares of ExlService from $40.00 to $44.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. Finally, Citigroup lifted their price objective on shares of ExlService from $38.00 to $46.00 and gave the company a “buy” rating in a research note on Monday, October 14th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $42.86.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of EXLS. Chartwell Investment Partners LLC raised its position in shares of ExlService by 0.8% during the third quarter. Chartwell Investment Partners LLC now owns 31,353 shares of the business services provider’s stock valued at $1,196,000 after buying an additional 254 shares during the last quarter. Azzad Asset Management Inc. ADV raised its position in shares of ExlService by 1.1% during the third quarter. Azzad Asset Management Inc. ADV now owns 24,757 shares of the business services provider’s stock valued at $944,000 after buying an additional 261 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its position in shares of ExlService by 3.4% during the second quarter. Mercer Global Advisors Inc. ADV now owns 8,897 shares of the business services provider’s stock valued at $279,000 after buying an additional 291 shares during the last quarter. V Square Quantitative Management LLC raised its position in shares of ExlService by 5.2% during the second quarter. V Square Quantitative Management LLC now owns 7,123 shares of the business services provider’s stock valued at $223,000 after buying an additional 349 shares during the last quarter. Finally, Quantinno Capital Management LP raised its position in shares of ExlService by 2.3% during the third quarter. Quantinno Capital Management LP now owns 15,658 shares of the business services provider’s stock valued at $597,000 after buying an additional 359 shares during the last quarter. Institutional investors and hedge funds own 92.92% of the company’s stock.

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.