Key Points
- ExlService insider Vikas Bhalla sold 11,000 shares at an average price of $34.99, generating $384,890. The sale reduced his direct holdings by 7.79% to 130,295 shares and was conducted under a Rule 10b5-1 trading plan.
- EXLS opened at $34.66, with a $5.25 billion market capitalization and a 52-week trading range of $24.85 to $45.08. Institutional investors own approximately 92.92% of the company’s shares.
- Analyst sentiment remains generally positive: six analysts rate the stock a Buy and one rates it Sell, producing a consensus Moderate Buy rating and an average price target of $43.50.
ExlService Holdings, Inc. (NASDAQ:EXLS - Get Free Report) insider Vikas Bhalla sold 11,000 shares of the business's stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $34.99, for a total transaction of $384,890.00. Following the sale, the insider directly owned 130,295 shares in the company, valued at approximately $4,559,022.05. The trade was a 7.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Vikas Bhalla also recently made the following trade(s):
- On Thursday, June 4th, Vikas Bhalla sold 12,000 shares of ExlService stock. The stock was sold at an average price of $30.22, for a total transaction of $362,640.00.
ExlService Stock Performance
Shares of EXLS opened at $34.66 on Friday. ExlService Holdings, Inc. has a 52 week low of $24.85 and a 52 week high of $45.08. The stock has a market capitalization of $5.25 billion, a price-to-earnings ratio of 21.80, a PEG ratio of 1.35 and a beta of 0.80. The stock has a fifty day moving average of $28.73 and a 200-day moving average of $30.68.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the stock. Private Trust Co. NA grew its stake in ExlService by 56.2% in the fourth quarter. Private Trust Co. NA now owns 717 shares of the business services provider's stock worth $30,000 after purchasing an additional 258 shares during the period. Fifth Third Bancorp grew its position in shares of ExlService by 15.0% in the 4th quarter. Fifth Third Bancorp now owns 1,982 shares of the business services provider's stock worth $84,000 after buying an additional 259 shares during the period. Composition Wealth LLC increased its stake in shares of ExlService by 1.6% in the 4th quarter. Composition Wealth LLC now owns 20,230 shares of the business services provider's stock worth $859,000 after acquiring an additional 314 shares in the last quarter. Public Employees Retirement System of Ohio increased its stake in shares of ExlService by 0.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 54,274 shares of the business services provider's stock worth $2,390,000 after acquiring an additional 318 shares in the last quarter. Finally, Private Advisor Group LLC lifted its position in ExlService by 6.3% during the 3rd quarter. Private Advisor Group LLC now owns 6,038 shares of the business services provider's stock valued at $266,000 after acquiring an additional 358 shares during the period. 92.92% of the stock is owned by institutional investors.
Analysts Set New Price Targets
EXLS has been the subject of several research reports. TD Cowen reiterated a "buy" rating and issued a $39.00 target price (down from $45.00) on shares of ExlService in a research report on Thursday, July 9th. Needham & Company LLC boosted their price target on ExlService from $40.00 to $45.00 and gave the stock a "buy" rating in a report on Wednesday, July 29th. Robert W. Baird set a $45.00 price target on ExlService and gave the stock an "outperform" rating in a report on Thursday, July 30th. JPMorgan Chase & Co. raised their price objective on shares of ExlService from $42.00 to $43.00 and gave the company an "overweight" rating in a report on Thursday, April 30th. Finally, Weiss Ratings downgraded shares of ExlService from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Tuesday, June 30th. Six analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $43.50.
Read Our Latest Report on ExlService
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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