ExlService Holdings, Inc. (EXLS) VP Nagaraja Srivatsan Sells 1,000 Shares

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ExlService Holdings, Inc. (NASDAQ:EXLS) VP Nagaraja Srivatsan sold 1,000 shares of the stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $61.00, for a total transaction of $61,000.00. Following the completion of the transaction, the vice president now owns 1,958 shares in the company, valued at $119,438. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Nagaraja Srivatsan also recently made the following trade(s):

  • On Thursday, March 14th, Nagaraja Srivatsan sold 2,102 shares of ExlService stock. The shares were sold at an average price of $59.92, for a total transaction of $125,951.84.

Shares of EXLS opened at $60.81 on Tuesday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 3.22 and a current ratio of 3.22. The company has a market cap of $2.07 billion, a PE ratio of 26.32, a price-to-earnings-growth ratio of 2.37 and a beta of 1.15. ExlService Holdings, Inc. has a 12-month low of $44.29 and a 12-month high of $67.06.

ExlService (NASDAQ:EXLS) last announced its earnings results on Thursday, February 28th. The business services provider reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.04. The business had revenue of $234.90 million for the quarter, compared to analyst estimates of $233.83 million. ExlService had a net margin of 6.42% and a return on equity of 13.82%. The company’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same period last year, the firm posted $0.67 earnings per share. Analysts anticipate that ExlService Holdings, Inc. will post 2.33 earnings per share for the current year.

Several institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. lifted its holdings in shares of ExlService by 0.3% during the fourth quarter. BlackRock Inc. now owns 4,904,881 shares of the business services provider’s stock worth $258,094,000 after purchasing an additional 13,406 shares during the period. Vanguard Group Inc lifted its holdings in shares of ExlService by 2.7% during the third quarter. Vanguard Group Inc now owns 3,381,703 shares of the business services provider’s stock worth $223,869,000 after purchasing an additional 87,854 shares during the period. Vanguard Group Inc. lifted its holdings in shares of ExlService by 2.7% during the third quarter. Vanguard Group Inc. now owns 3,381,703 shares of the business services provider’s stock worth $223,869,000 after purchasing an additional 87,854 shares during the period. Mackenzie Financial Corp lifted its holdings in shares of ExlService by 20.0% during the fourth quarter. Mackenzie Financial Corp now owns 1,723,020 shares of the business services provider’s stock worth $90,665,000 after purchasing an additional 287,215 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of ExlService by 0.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,204,762 shares of the business services provider’s stock worth $63,394,000 after purchasing an additional 10,567 shares during the period. Institutional investors and hedge funds own 94.13% of the company’s stock.

A number of equities analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of ExlService from a “hold” rating to a “sell” rating in a research report on Tuesday, April 9th. BidaskClub upgraded shares of ExlService from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 15th. ValuEngine upgraded shares of ExlService from a “hold” rating to a “buy” rating in a research report on Saturday, February 2nd. Citigroup raised their target price on shares of ExlService from $56.00 to $62.00 and gave the stock a “neutral” rating in a research report on Friday, March 1st. Finally, Robert W. Baird lowered shares of ExlService from an “outperform” rating to a “neutral” rating and lowered their target price for the stock from $66.00 to $63.00 in a research report on Friday, March 1st. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $64.33.

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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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