ExlService Holdings, Inc. (NASDAQ:EXLS) Shares Bought by Cwm LLC

Cwm LLC raised its holdings in ExlService Holdings, Inc. (NASDAQ:EXLS) by 7.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 42,816 shares of the business services provider’s stock after acquiring an additional 3,016 shares during the quarter. Cwm LLC’s holdings in ExlService were worth $1,321,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. abrdn plc lifted its stake in ExlService by 3.2% during the fourth quarter. abrdn plc now owns 76,310 shares of the business services provider’s stock valued at $2,354,000 after buying an additional 2,345 shares in the last quarter. Calamos Advisors LLC purchased a new stake in ExlService during the fourth quarter valued at about $1,378,000. Tandem Investment Advisors Inc. lifted its stake in ExlService by 4.0% during the fourth quarter. Tandem Investment Advisors Inc. now owns 8,579 shares of the business services provider’s stock valued at $265,000 after buying an additional 333 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in ExlService by 11.4% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 35,617 shares of the business services provider’s stock valued at $1,099,000 after buying an additional 3,642 shares in the last quarter. Finally, Mackenzie Financial Corp lifted its stake in ExlService by 4.5% during the fourth quarter. Mackenzie Financial Corp now owns 6,813,597 shares of the business services provider’s stock valued at $210,199,000 after buying an additional 291,734 shares in the last quarter. 92.92% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other ExlService news, EVP Vikas Bhalla sold 23,760 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $31.51, for a total transaction of $748,677.60. Following the completion of the sale, the executive vice president now owns 127,046 shares of the company’s stock, valued at $4,003,219.46. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other ExlService news, EVP Vikas Bhalla sold 23,760 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $31.51, for a total transaction of $748,677.60. Following the completion of the sale, the executive vice president now owns 127,046 shares of the company’s stock, valued at $4,003,219.46. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Ajay Ayyappan sold 9,259 shares of the stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $31.59, for a total value of $292,491.81. Following the completion of the sale, the executive vice president now directly owns 50,693 shares of the company’s stock, valued at $1,601,391.87. The disclosure for this sale can be found here. Company insiders own 3.75% of the company’s stock.

ExlService Trading Up 0.2 %

NASDAQ:EXLS opened at $29.36 on Friday. The stock’s 50 day moving average price is $30.67 and its 200 day moving average price is $29.82. ExlService Holdings, Inc. has a 52 week low of $25.17 and a 52 week high of $35.94. The company has a market capitalization of $4.87 billion, a P/E ratio of 26.84, a P/E/G ratio of 1.54 and a beta of 0.97. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.08 and a current ratio of 2.08.

ExlService (NASDAQ:EXLS) last announced its earnings results on Thursday, February 29th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.01). The company had revenue of $414.06 million for the quarter, compared to the consensus estimate of $408.56 million. ExlService had a return on equity of 22.83% and a net margin of 11.32%. On average, research analysts forecast that ExlService Holdings, Inc. will post 1.3 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

EXLS has been the topic of a number of research reports. Citigroup dropped their target price on ExlService from $38.00 to $37.00 and set a “buy” rating on the stock in a report on Monday, April 22nd. Needham & Company LLC reiterated a “buy” rating and issued a $40.00 target price on shares of ExlService in a report on Friday, March 1st. TD Cowen upped their target price on ExlService from $36.00 to $37.00 and gave the company an “outperform” rating in a report on Tuesday, April 2nd. Finally, StockNews.com downgraded ExlService from a “buy” rating to a “hold” rating in a report on Thursday, February 29th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, ExlService has a consensus rating of “Moderate Buy” and an average price target of $36.14.

About ExlService

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.