ExlService Holdings Inc. (NASDAQ:EXLS)’s share price traded down 2.6% during mid-day trading on Friday . The company traded as low as $48.36 and last traded at $48.36, with a volume of 105,916 shares. The stock had previously closed at $49.64.

A number of equities analysts have recently issued reports on the company. Citigroup Inc. raised their price objective on ExlService Holdings from $56.00 to $58.00 and gave the stock a “buy” rating in a research report on Friday, May 27th. Zacks Investment Research downgraded ExlService Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, May 3rd. Robert W. Baird restated a “buy” rating on shares of ExlService Holdings in a research report on Monday, May 16th. Cantor Fitzgerald restated a “buy” rating on shares of ExlService Holdings in a research report on Monday, May 2nd. Finally, JPMorgan Chase & Co. restated a “hold” rating and set a $54.00 price objective on shares of ExlService Holdings in a research report on Tuesday, July 19th. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. ExlService Holdings currently has a consensus rating of “Buy” and an average target price of $51.56.

The stock has a market capitalization of $1.62 billion and a PE ratio of 27.44. The company’s 50 day moving average price is $51.07 and its 200 day moving average price is $49.82.

ExlService Holdings (NASDAQ:EXLS) last posted its quarterly earnings data on Thursday, July 28th. The company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.02. The firm 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 in the previous year, the company posted $0.48 earnings per share. Equities analysts expect that ExlService Holdings Inc. will post $2.32 EPS for the current fiscal year.

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

A number of large investors recently modified their holdings of EXLS. Dimensional Fund Advisors LP boosted its stake 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. Bank of Montreal Can boosted 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. California Public Employees Retirement System boosted its stake 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. Finally, Russell Frank Co boosted 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.