ExlService Holdings Inc. (NASDAQ:EXLS)’s share price shot up 3% on Monday . The stock traded as high as $51.01 and last traded at $50.98, with a volume of 205,445 shares trading hands. The stock had previously closed at $49.51.

Several research firms have recently weighed in on EXLS. Citigroup Inc. cut their target price on shares of ExlService Holdings from $58.00 to $57.00 and set a “buy” rating for the company in a report on Friday. Cantor Fitzgerald set a $56.00 target price on shares of ExlService Holdings and gave the company a “buy” rating in a report on Thursday. JPMorgan Chase & Co. reaffirmed a “hold” rating and set a $54.00 target price on shares of ExlService Holdings in a report on Tuesday, July 19th. Zacks Investment Research raised shares of ExlService Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, June 29th. Finally, Robert W. Baird reaffirmed a “buy” rating on shares of ExlService Holdings in a report on Monday, May 16th. Five investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. ExlService Holdings presently has a consensus rating of “Buy” and an average target price of $51.56.

The stock has a 50 day moving average of $51.66 and a 200 day moving average of $49.28. The firm has a market cap of $1.72 billion and a P/E ratio of 29.15.

ExlService Holdings (NASDAQ:EXLS) last posted its quarterly earnings data on Thursday, July 28th. The company reported $0.55 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.53 by $0.02. During the same period in the previous year, the company posted $0.48 earnings per share. The firm earned $170.50 million during the quarter, compared to analyst estimates of $170.65 million. ExlService Holdings’s revenue was up 9.6% compared to the same quarter last year. Equities analysts forecast that ExlService Holdings Inc. will post $2.33 earnings per share for the current year.

In other news, CFO Vishal Chhibbar sold 2,750 shares of the stock in a transaction that occurred on Friday, July 8th. The stock was sold at an average price of $53.40, for a total value of $146,850.00. Following the completion of the sale, the chief financial officer now directly owns 6,720 shares of the company’s stock, valued at $358,848. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Villa Rembert De sold 5,000 shares of the stock in a transaction that occurred on Tuesday, May 31st. The shares were sold at an average price of $51.81, for a total value of $259,050.00. Following the completion of the sale, the executive vice president now directly owns 2,258 shares of the company’s stock, valued at $116,986.98. The disclosure for this sale can be found here.

Several large investors recently modified their holdings of EXLS. PNC Financial Services Group Inc. increased its stake in shares of ExlService Holdings by 10.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 28,002 shares of the company’s stock valued at $1,259,000 after buying an additional 2,666 shares in the last quarter. 1492 Capital Management LLC increased its stake in shares of ExlService Holdings by 15.0% in the fourth quarter. 1492 Capital Management LLC now owns 34,089 shares of the company’s stock valued at $1,532,000 after buying an additional 4,444 shares in the last quarter. Bank of Montreal Can increased its stake in shares of ExlService Holdings by 166.9% in the fourth quarter. Bank of Montreal Can now owns 40,728 shares of the company’s stock valued at $1,831,000 after buying an additional 25,469 shares in the last quarter. Rhumbline Advisers increased its stake in shares of ExlService Holdings by 6.1% in the fourth quarter. Rhumbline Advisers now owns 50,415 shares of the company’s stock valued at $2,265,000 after buying an additional 2,885 shares in the last quarter. Finally, Russell Frank Co increased its stake in shares of ExlService Holdings by 342.0% in the fourth quarter. Russell Frank Co now owns 59,176 shares of the company’s stock valued at $2,698,000 after buying an additional 45,788 shares in the last quarter.

ExlService Holdings, Inc is an operations management and analytics company. The Company operates through two segments: Operations Management and Analytics. The Company offers operations management solutions to the insurance, healthcare, banking and financial services, utilities, and travel, transportation and logistics industries.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.