ExlService (NASDAQ:EXLS) EVP Sells $68,978.00 in Stock

Key Points

  • ExlService EVP Ajay Ayyappan sold 2,275 shares on Feb 18 at an average price of $30.32 for $68,978, trimming his stake by 4.06% to 53,768 shares (≈$1.63M); he also sold 8,114 shares on Jan 27 at $42.53 (~$345,088).
  • The stock was trading around $30.05 midday, well below its 50-day ($39.21) and 200-day ($40.84) moving averages, and sits in a 12‑month range of $28.62–$51.31.
  • Analysts hold a consensus "Moderate Buy" rating for EXLS with an average price target of $53.00 (four Buys, one Hold).

ExlService Holdings, Inc. (NASDAQ:EXLS - Get Free Report) EVP Ajay Ayyappan sold 2,275 shares of the business's stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $30.32, for a total transaction of $68,978.00. Following the completion of the sale, the executive vice president directly owned 53,768 shares in the company, valued at approximately $1,630,245.76. This trade represents a 4.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Ajay Ayyappan also recently made the following trade(s):

  • On Tuesday, January 27th, Ajay Ayyappan sold 8,114 shares of ExlService stock. The stock was sold at an average price of $42.53, for a total transaction of $345,088.42.

ExlService Stock Performance

ExlService stock traded down $0.36 during mid-day trading on Friday, reaching $30.05. The company's stock had a trading volume of 805,855 shares, compared to its average volume of 1,918,656. The firm's fifty day moving average price is $39.21 and its two-hundred day moving average price is $40.84. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.91 and a current ratio of 2.91. ExlService Holdings, Inc. has a 12-month low of $28.62 and a 12-month high of $51.31. The company has a market capitalization of $4.77 billion, a P/E ratio of 20.44, a PEG ratio of 1.25 and a beta of 0.88.

Analysts Set New Price Targets




Several research analysts have commented on EXLS shares. TD Cowen cut their target price on ExlService from $52.00 to $51.00 and set a "buy" rating for the company in a research note on Friday, January 9th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of ExlService in a research note on Thursday, January 22nd. Finally, Wall Street Zen upgraded shares of ExlService from a "hold" rating to a "buy" rating in a research note on Saturday, February 7th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, ExlService has a consensus rating of "Moderate Buy" and an average target price of $53.00.

View Our Latest Analysis on ExlService

Hedge Funds Weigh In On ExlService

Hedge funds and other institutional investors have recently modified their holdings of the company. Securian Asset Management Inc. raised its position in ExlService by 1.9% during the 2nd quarter. Securian Asset Management Inc. now owns 12,390 shares of the business services provider's stock valued at $543,000 after purchasing an additional 228 shares during the last quarter. Huntington National Bank increased its stake in shares of ExlService by 14.4% during the second quarter. Huntington National Bank now owns 1,953 shares of the business services provider's stock valued at $86,000 after buying an additional 246 shares during the period. True Wealth Design LLC raised its holdings in shares of ExlService by 57.2% during the fourth quarter. True Wealth Design LLC now owns 706 shares of the business services provider's stock valued at $30,000 after acquiring an additional 257 shares in the last quarter. Private Trust Co. NA boosted its holdings in ExlService by 56.2% in the fourth 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 in the last quarter. Finally, Fifth Third Bancorp boosted its holdings in ExlService by 15.0% in the fourth quarter. Fifth Third Bancorp now owns 1,982 shares of the business services provider's stock valued at $84,000 after acquiring an additional 259 shares in the last quarter. 92.92% of the stock is currently owned by hedge funds and other institutional investors.

About ExlService

(Get Free Report)

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.

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