Linden Thomas Advisory Services LLC Has $971,000 Stock Position in ExlService Holdings, Inc. (NASDAQ:EXLS)

Linden Thomas Advisory Services LLC increased its holdings in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 23.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 21,883 shares of the business services provider’s stock after buying an additional 4,106 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in ExlService were worth $971,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC acquired a new stake in shares of ExlService during the third quarter worth about $27,000. Huntington National Bank increased its stake in ExlService by 2,827.5% during the 3rd quarter. Huntington National Bank now owns 1,171 shares of the business services provider’s stock worth $45,000 after purchasing an additional 1,131 shares in the last quarter. USA Financial Formulas bought a new position in ExlService in the fourth quarter valued at approximately $58,000. UMB Bank n.a. boosted its holdings in shares of ExlService by 29.7% in the third quarter. UMB Bank n.a. now owns 1,638 shares of the business services provider’s stock valued at $62,000 after buying an additional 375 shares during the period. Finally, GAMMA Investing LLC boosted 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 buying an additional 576 shares during the period. 92.92% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

EXLS has been the topic of several research reports. Jefferies Financial Group boosted their price objective on shares of ExlService from $47.00 to $57.00 and gave the company a “buy” rating in a research report on Tuesday, January 21st. Needham & Company LLC upped 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. StockNews.com lowered ExlService from a “buy” rating to a “hold” rating in a research report on Saturday. Robert W. Baird upped their price target on ExlService from $40.00 to $44.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. Finally, Citigroup lifted their price objective on shares of ExlService from $38.00 to $46.00 and gave the company a “buy” rating in a report on Monday, October 14th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, ExlService has a consensus rating of “Moderate Buy” and a consensus target price of $45.00.

ExlService Stock Up 0.0 %

NASDAQ:EXLS opened at $49.14 on Friday. The firm has a market capitalization of $7.91 billion, a price-to-earnings ratio of 43.11, a price-to-earnings-growth ratio of 2.08 and a beta of 1.02. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 0.37. ExlService Holdings, Inc. has a twelve month low of $28.16 and a twelve month high of $50.11. The stock’s 50 day moving average price is $45.90 and its two-hundred day moving average price is $40.40.

ExlService (NASDAQ:EXLS) last announced its quarterly earnings data on Tuesday, October 29th. The business services provider reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. The company had revenue of $472.07 million during the quarter, compared to the consensus estimate of $460.73 million. ExlService had a net margin of 10.61% and a return on equity of 23.23%. The company’s quarterly revenue was up 14.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.30 EPS. Equities research analysts expect that ExlService Holdings, Inc. will post 1.27 earnings per share for the current fiscal year.

Insider Buying and Selling at ExlService

In other news, CEO Rohit Kapoor sold 100,000 shares of the stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $42.07, for a total value of $4,207,000.00. Following the transaction, the chief executive officer now directly owns 1,190,240 shares of the company’s stock, valued at $50,073,396.80. This represents a 7.75 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Vikas Bhalla sold 22,813 shares of ExlService stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $41.86, for a total transaction of $954,952.18. Following the sale, the insider now directly owns 102,825 shares of the company’s stock, valued at $4,304,254.50. The trade was a 18.16 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 426,458 shares of company stock worth $18,720,514 over the last 90 days. Company insiders own 4.16% of the company’s stock.

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.