ExlService Holdings, Inc. (NASDAQ:EXLS) Given Consensus Rating of “Moderate Buy” by Analysts

ExlService Holdings, Inc. (NASDAQ:EXLS) has been given a consensus recommendation of “Moderate Buy” by the five analysts that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $53.00.

Several brokerages have recently issued reports on EXLS. Wall Street Zen upgraded shares of ExlService from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. TD Cowen lowered their price objective on ExlService from $52.00 to $51.00 and set a “buy” rating on the stock in a research report on Friday, January 9th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of ExlService in a report on Thursday, January 22nd.

Insider Transactions at ExlService

In other ExlService news, insider Vikas Bhalla sold 11,774 shares of the company’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $39.99, for a total transaction of $470,842.26. Following the transaction, the insider owned 115,272 shares in the company, valued at approximately $4,609,727.28. This represents a 9.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Ajay Ayyappan sold 8,114 shares of the stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $42.53, for a total transaction of $345,088.42. Following the completion of the transaction, the executive vice president owned 53,515 shares in the company, valued at $2,275,992.95. This trade represents a 13.17% decrease in their position. The disclosure for this sale is available in the SEC filing. 4.04% of the stock is currently owned by insiders.

Institutional Investors Weigh In On ExlService

A number of hedge funds have recently modified their holdings of EXLS. Mather Group LLC. bought a new position in ExlService in the 3rd quarter worth $25,000. CENTRAL TRUST Co increased its position in ExlService by 2,428.0% in the third quarter. CENTRAL TRUST Co now owns 632 shares of the business services provider’s stock worth $28,000 after buying an additional 607 shares in the last quarter. Transamerica Financial Advisors LLC raised its stake in shares of ExlService by 285.2% in the fourth quarter. Transamerica Financial Advisors LLC now owns 678 shares of the business services provider’s stock worth $29,000 after buying an additional 502 shares during the period. True Wealth Design LLC lifted its position in shares of ExlService by 57.2% during the 4th quarter. True Wealth Design LLC now owns 706 shares of the business services provider’s stock valued at $30,000 after buying an additional 257 shares in the last quarter. Finally, Private Trust Co. NA grew its stake in shares of ExlService by 56.2% during the 4th quarter. Private Trust Co. NA now owns 717 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 258 shares during the period. Institutional investors own 92.92% of the company’s stock.

ExlService Stock Up 1.2%

Shares of NASDAQ:EXLS opened at $30.04 on Tuesday. The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 0.43. The stock has a fifty day simple moving average of $40.03 and a two-hundred day simple moving average of $41.17. ExlService has a 12-month low of $28.62 and a 12-month high of $52.07. The stock has a market capitalization of $4.77 billion, a price-to-earnings ratio of 20.44, a PEG ratio of 1.21 and a beta of 0.88.

About ExlService

ExlService Holdings, Inc (NASDAQ: EXLS) is a global operations management and analytics company that partners with clients in insurance, healthcare, banking, and financial services to drive digital transformation and operational excellence. The firm delivers analytics-driven solutions and business process outsourcing services, including claims adjudication, finance and accounting, data management, and customer service support. ExlService combines domain expertise with advanced analytics, artificial intelligence, and automation technologies to help organizations optimize processes, enhance customer experiences, and manage risk.

Founded in 1999 and headquartered in New York City, ExlService has grown through a mix of organic expansion and strategic acquisitions, earning recognition for its data analytics capabilities and industry-specific knowledge.