Shares of ExlService Holdings Inc. (NASDAQ:EXLS) saw unusually-strong trading volume on Monday . Approximately 355,402 shares changed hands during mid-day trading, an increase of 37% from the previous session’s volume of 259,436 shares.The stock last traded at $48.87 and had previously closed at $48.91.

Several equities analysts recently weighed in on EXLS shares. Zacks Investment Research cut shares of ExlService Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, May 3rd. Citigroup Inc. lifted their target price on shares of ExlService Holdings from $56.00 to $58.00 and gave the stock a “buy” rating in a research report on Friday, May 27th. Cantor Fitzgerald set a $56.00 target price on shares of ExlService Holdings and gave the stock a “buy” rating in a research report on Thursday, July 28th. JPMorgan Chase & Co. reissued a “hold” rating and set a $54.00 target price on shares of ExlService Holdings in a research report on Tuesday, July 19th. Finally, Robert W. Baird reissued a “buy” rating on shares of ExlService Holdings in a research report on Monday, May 16th. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $51.56.

The stock has a 50 day moving average of $51.24 and a 200 day moving average of $49.76. The company has a market capitalization of $1.65 billion and a P/E ratio of 27.96.

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

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

Several hedge funds and institutional investors have recently modified their holdings of EXLS. Dimensional Fund Advisors LP increased its position in shares of 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 in the last quarter. California Public Employees Retirement System increased its position in shares of ExlService Holdings by 10.8% in the fourth quarter. California Public Employees Retirement System now owns 88,400 shares of the company’s stock valued at $3,972,000 after buying an additional 8,600 shares in the last quarter. Russell Frank Co increased its position 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. Finally, Bank of Montreal Can increased 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 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.