ExlService Holdings, Inc. (NASDAQ:EXLS) Shares Purchased by EULAV Asset Management

EULAV Asset Management grew its position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 0.7% during the fourth quarter, Holdings Channel reports. The firm owned 545,065 shares of the business services provider’s stock after acquiring an additional 4,000 shares during the quarter. EULAV Asset Management’s holdings in ExlService were worth $24,190,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Creative Planning lifted its stake in ExlService by 26.0% during the 2nd quarter. Creative Planning now owns 21,913 shares of the business services provider’s stock worth $687,000 after acquiring an additional 4,517 shares in the last quarter. Truist Financial Corp acquired a new stake in shares of ExlService during the second quarter worth about $334,000. Sanctuary Advisors LLC purchased a new position in shares of ExlService in the second quarter valued at approximately $299,000. Park Avenue Securities LLC acquired a new position in shares of ExlService in the third quarter valued at approximately $209,000. Finally, GAMMA Investing LLC grew its holdings in shares of ExlService by 32.8% in the third quarter. GAMMA Investing LLC now owns 2,331 shares of the business services provider’s stock valued at $89,000 after purchasing an additional 576 shares in the last quarter. 92.92% of the stock is currently owned by hedge funds and other institutional investors.

ExlService Trading Down 0.8 %

NASDAQ:EXLS opened at $51.40 on Friday. ExlService Holdings, Inc. has a 1 year low of $28.16 and a 1 year high of $52.43. The stock has a market cap of $8.27 billion, a P/E ratio of 45.09, a P/E/G ratio of 2.10 and a beta of 1.03. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.02 and a current ratio of 3.02. The stock has a 50-day simple moving average of $46.78 and a 200-day simple moving average of $41.43.

Insider Buying and Selling

In other ExlService news, CEO Rohit Kapoor sold 100,000 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $46.87, for a total transaction of $4,687,000.00. Following the transaction, the chief executive officer now owns 689,645 shares of the company’s stock, valued at approximately $32,323,661.15. This trade represents a 12.66 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Maurizio Nicolelli sold 13,753 shares of the business’s stock in a transaction dated Monday, January 27th. The shares were sold at an average price of $49.14, for a total value of $675,822.42. Following the completion of the sale, the chief financial officer now directly owns 194,440 shares of the company’s stock, valued at $9,554,781.60. The trade was a 6.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 117,398 shares of company stock worth $5,523,385 over the last 90 days. 4.16% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms have issued reports on EXLS. Robert W. Baird increased their target price on shares of ExlService from $40.00 to $44.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. Jefferies Financial Group increased their price objective on ExlService from $47.00 to $57.00 and gave the company a “buy” rating in a research note on Tuesday, January 21st. Citigroup boosted their target price on ExlService from $38.00 to $46.00 and gave the stock a “buy” rating in a research note on Monday, October 14th. StockNews.com raised ExlService from a “hold” rating to a “buy” rating in a research report on Sunday, February 2nd. Finally, Needham & Company LLC boosted their price objective on ExlService from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, ExlService has an average rating of “Moderate Buy” and a consensus price target of $45.00.

ExlService Company Profile

ExlService Holdings, Inc operates as a data analytics, and digital operations and solutions company in the United States and internationally. The company operates through Insurance, Healthcare, Analytics, and Emerging Business segments. It also provides digital operations and solutions and analytics-driven services, such as claims processing, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business acquisition, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer service using digital technology, artificial intelligence, machine learning, and advanced automation; digital customer acquisition services using a software-as-a-service delivery model through LifePRO and LISS platforms; subrogation services; and Subrosource software platform, an end-to-end subrogation platform.