ExlService Holdings, Inc. (NASDAQ:EXLS) Director Garen K. Staglin sold 5,631 shares of the firm’s stock in a transaction that occurred on Monday, September 10th. The shares were sold at an average price of $64.18, for a total value of $361,397.58. Following the transaction, the director now owns 24,477 shares of the company’s stock, valued at approximately $1,570,933.86. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Shares of ExlService stock traded up $1.31 on Wednesday, reaching $65.63. The company had a trading volume of 179,600 shares, compared to its average volume of 129,953. The stock has a market cap of $2.20 billion, a price-to-earnings ratio of 25.54, a price-to-earnings-growth ratio of 2.22 and a beta of 1.29. The company has a debt-to-equity ratio of 0.10, a quick ratio of 3.57 and a current ratio of 3.57. ExlService Holdings, Inc. has a 1 year low of $52.52 and a 1 year high of $65.76.

ExlService (NASDAQ:EXLS) last announced its earnings results on Thursday, August 2nd. The business services provider reported $0.67 EPS for the quarter, topping the Zacks’ consensus estimate of $0.53 by $0.14. The firm had revenue of $210.11 million during the quarter, compared to analysts’ expectations of $209.30 million. ExlService had a return on equity of 14.25% and a net margin of 6.11%. The company’s quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.70 EPS. sell-side analysts predict that ExlService Holdings, Inc. will post 2.22 earnings per share for the current fiscal year.

Several equities analysts have weighed in on EXLS shares. Barrington Research set a $70.00 price target on ExlService and gave the company a “buy” rating in a report on Friday, July 13th. ValuEngine upgraded ExlService from a “hold” rating to a “buy” rating in a report on Wednesday, July 11th. BidaskClub upgraded ExlService from a “hold” rating to a “buy” rating in a report on Saturday, July 7th. Zacks Investment Research upgraded ExlService from a “sell” rating to a “buy” rating and set a $65.00 price target for the company in a report on Tuesday, July 3rd. Finally, SunTrust Banks upgraded ExlService from a “hold” rating to a “buy” rating and set a $50.00 price target for the company in a report on Friday, June 1st. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. ExlService presently has an average rating of “Buy” and a consensus target price of $64.00.

Institutional investors have recently made changes to their positions in the company. Bank of Montreal Can purchased a new position in shares of ExlService in the 2nd quarter worth approximately $286,000. Measured Wealth Private Client Group LLC purchased a new position in shares of ExlService in the 2nd quarter worth approximately $301,000. Atria Investments LLC purchased a new position in shares of ExlService in the 2nd quarter worth approximately $322,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in shares of ExlService in the 2nd quarter worth approximately $412,000. Finally, Acadian Asset Management LLC purchased a new position in shares of ExlService in the 2nd quarter worth approximately $472,000. Hedge funds and other institutional investors own 91.46% of the company’s stock.

About ExlService

ExlService Holdings, Inc provides operations management and analytics services in the United States, the United Kingdom, and internationally. The company offers business process management (BPM) services to the insurance industry in the areas of claims processing, subrogation, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business processing, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer services.

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