Shares of ExlService Holdings Inc. (NASDAQ:EXLS) traded down 2.2% during trading on Wednesday . The company traded as low as $50.46 and last traded at $50.50, with a volume of 60,874 shares traded. The stock had previously closed at $51.62.

A number of analysts have commented on the company. Cantor Fitzgerald reaffirmed a “buy” rating on shares of ExlService Holdings in a research report on Monday, May 2nd. Zacks Investment Research cut ExlService Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, May 3rd. Citigroup Inc. lowered their price target on ExlService Holdings from $58.00 to $57.00 and set a “buy” rating for the company in a research report on Friday, July 29th. JPMorgan Chase & Co. reaffirmed a “hold” rating and set a $54.00 price target on shares of ExlService Holdings in a research report on Tuesday, July 19th. Finally, Robert W. Baird reaffirmed a “buy” rating on shares of ExlService Holdings in a research report on Monday, May 16th. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. ExlService Holdings currently has a consensus rating of “Buy” and a consensus target price of $51.56.

The firm has a market capitalization of $1.70 billion and a PE ratio of 28.85. The firm’s 50-day moving average is $51.64 and its 200 day moving average is $49.36.

ExlService Holdings (NASDAQ:EXLS) last posted its earnings results on Thursday, July 28th. The company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.53 by $0.02. During the same period last year, the company earned $0.48 EPS. The business earned $170.50 million during the quarter, compared to analysts’ expectations of $170.65 million. The business’s quarterly revenue was up 9.6% compared to the same quarter last year. Equities research analysts forecast that ExlService Holdings Inc. will post $2.32 earnings per share for the current year.

In related news, EVP Villa Rembert De sold 5,000 shares of the stock in a transaction on Tuesday, May 31st. The stock was sold at an average price of $51.81, for a total value of $259,050.00. Following the transaction, the executive vice president now owns 2,258 shares of the company’s stock, valued at $116,986.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Vishal Chhibbar sold 4,500 shares of the stock in a transaction on Tuesday, July 12th. The shares were sold at an average price of $54.00, for a total value of $243,000.00. Following the completion of the transaction, the chief financial officer now directly owns 8,470 shares in the company, valued at approximately $457,380. The disclosure for this sale can be found here.

A number of institutional investors have bought and sold shares of EXLS. Dimensional Fund Advisors LP raised its position in ExlService Holdings by 5.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,248,537 shares of the company’s stock valued at $56,097,000 after buying an additional 61,838 shares during the period. 1492 Capital Management LLC raised its position 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 during the last quarter. Aberdeen Asset Management PLC UK purchased a new position in shares of ExlService Holdings during the fourth quarter valued at about $5,770,000. Principal Financial Group Inc. raised its position in shares of ExlService Holdings by 3.7% in the fourth quarter. Principal Financial Group Inc. now owns 226,520 shares of the company’s stock valued at $10,177,000 after buying an additional 8,140 shares during the last quarter. Finally, Bank of Montreal Can raised its position 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 during 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.