ExlService Holdings, Inc. (EXLS) EVP Nalin Kumar Miglani Sells 3,526 Shares
ExlService Holdings, Inc. (NASDAQ:EXLS) EVP Nalin Kumar Miglani sold 3,526 shares of the business’s stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $60.37, for a total transaction of $212,864.62. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
ExlService Holdings, Inc. (EXLS) traded up $0.14 during mid-day trading on Friday, reaching $61.21. 107,153 shares of the company’s stock traded hands, compared to its average volume of 142,561. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.81 and a quick ratio of 3.81. The company has a market capitalization of $2,072.90, a P/E ratio of 25.45, a price-to-earnings-growth ratio of 2.11 and a beta of 1.26. ExlService Holdings, Inc. has a 12 month low of $44.25 and a 12 month high of $62.99.
ExlService (NASDAQ:EXLS) last posted its earnings results on Thursday, October 26th. The business services provider reported $0.68 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.65 by $0.03. The company had revenue of $192.30 million during the quarter, compared to the consensus estimate of $191.20 million. ExlService had a net margin of 9.94% and a return on equity of 14.81%. The company’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.61 earnings per share. sell-side analysts expect that ExlService Holdings, Inc. will post 2.12 earnings per share for the current fiscal year.
Hedge funds have recently bought and sold shares of the business. Riverhead Capital Management LLC grew its position in ExlService by 61.7% in the second quarter. Riverhead Capital Management LLC now owns 2,264 shares of the business services provider’s stock worth $126,000 after acquiring an additional 864 shares in the last quarter. ETRADE Capital Management LLC acquired a new stake in shares of ExlService in the third quarter worth $216,000. Sei Investments Co. lifted its stake in shares of ExlService by 105.3% in the second quarter. Sei Investments Co. now owns 3,899 shares of the business services provider’s stock worth $217,000 after buying an additional 2,000 shares during the last quarter. Fortaleza Asset Management Inc. acquired a new stake in shares of ExlService in the second quarter worth $230,000. Finally, GSA Capital Partners LLP acquired a new stake in shares of ExlService in the second quarter worth $234,000. 95.73% of the stock is owned by institutional investors.
A number of research analysts recently commented on EXLS shares. Zacks Investment Research raised shares of ExlService from a “hold” rating to a “buy” rating and set a $68.00 price objective on the stock in a research report on Tuesday, October 31st. Needham & Company LLC reaffirmed a “buy” rating and set a $68.00 price objective (up from $60.00) on shares of ExlService in a research report on Sunday, October 29th. Stifel Nicolaus reaffirmed a “buy” rating and set a $67.00 price objective on shares of ExlService in a research report on Thursday, October 26th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $64.00 price objective on shares of ExlService in a research report on Thursday, October 26th. Finally, Cowen reaffirmed a “buy” rating and set a $54.00 price objective on shares of ExlService in a research report on Thursday, October 12th. One analyst has rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $62.33.
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ExlService Company Profile
ExlService Holdings, Inc is an operations management and analytics company. The Company segments include Insurance; Healthcare; Travel, Transportation and Logistics; Finance and Accounting (F&A); Analytics, and All Other. The Insurance operating segment serves property and casualty insurance, life insurance, disability insurance, annuity and retirement services companies.
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