ExlService Holdings, Inc. (NASDAQ:EXLS) Director Garen K. Staglin sold 5,631 shares of ExlService stock in a transaction on Wednesday, October 10th. The shares were sold at an average price of $63.50, for a total transaction of $357,568.50. Following the completion of the transaction, the director now directly owns 24,477 shares in the company, valued at $1,554,289.50. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Shares of ExlService stock traded down $0.94 during trading on Friday, reaching $59.80. The company’s stock had a trading volume of 206,042 shares, compared to its average volume of 132,309. The stock has a market capitalization of $2.27 billion, a price-to-earnings ratio of 23.73, a PEG ratio of 2.29 and a beta of 1.28. ExlService Holdings, Inc. has a fifty-two week low of $52.52 and a fifty-two week high of $67.06. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.57 and a quick ratio of 3.57.

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

A number of large investors have recently bought and sold shares of the stock. California Public Employees Retirement System grew its position in ExlService by 1.7% in the 2nd quarter. California Public Employees Retirement System now owns 63,214 shares of the business services provider’s stock valued at $3,579,000 after buying an additional 1,032 shares during the last quarter. Alps Advisors Inc. grew its position in ExlService by 11.4% in the 2nd quarter. Alps Advisors Inc. now owns 10,646 shares of the business services provider’s stock valued at $603,000 after buying an additional 1,089 shares during the last quarter. MetLife Investment Advisors LLC grew its position in ExlService by 8.1% in the 2nd quarter. MetLife Investment Advisors LLC now owns 15,305 shares of the business services provider’s stock valued at $866,000 after buying an additional 1,142 shares during the last quarter. Atria Investments LLC grew its position in ExlService by 23.0% in the 3rd quarter. Atria Investments LLC now owns 6,990 shares of the business services provider’s stock valued at $463,000 after buying an additional 1,306 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. grew its position in ExlService by 8.4% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 26,541 shares of the business services provider’s stock valued at $1,503,000 after buying an additional 2,058 shares during the last quarter. Hedge funds and other institutional investors own 91.44% of the company’s stock.

A number of brokerages have recently commented on EXLS. BidaskClub cut shares of ExlService from a “buy” rating to a “hold” rating in a report on Saturday. Barrington Research set a $70.00 target price on shares of ExlService and gave the company a “buy” rating in a report on Tuesday, July 31st. Zacks Investment Research raised shares of ExlService from a “sell” rating to a “buy” rating and set a $65.00 target price on the stock in a report on Tuesday, July 3rd. Finally, ValuEngine raised shares of ExlService from a “hold” rating to a “buy” rating in a report on Wednesday, July 11th. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $65.25.

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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