Rohit Kapoor Sells 4,439 Shares of ExlService Holdings, Inc. (EXLS) Stock

ExlService Holdings, Inc. (NASDAQ:EXLS) CEO Rohit Kapoor sold 4,439 shares of the company’s stock in a transaction that occurred on Tuesday, July 24th. The stock was sold at an average price of $62.50, for a total transaction of $277,437.50. Following the sale, the chief executive officer now directly owns 358,320 shares of the company’s stock, valued at approximately $22,395,000. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Rohit Kapoor also recently made the following trade(s):

  • On Friday, July 20th, Rohit Kapoor sold 2,118 shares of ExlService stock. The stock was sold at an average price of $62.50, for a total transaction of $132,375.00.
  • On Friday, July 13th, Rohit Kapoor sold 7,206 shares of ExlService stock. The stock was sold at an average price of $61.62, for a total transaction of $444,033.72.
  • On Wednesday, July 11th, Rohit Kapoor sold 20,150 shares of ExlService stock. The stock was sold at an average price of $60.65, for a total transaction of $1,222,097.50.
  • On Monday, July 9th, Rohit Kapoor sold 15,027 shares of ExlService stock. The stock was sold at an average price of $59.97, for a total transaction of $901,169.19.
  • On Wednesday, June 20th, Rohit Kapoor sold 3,265 shares of ExlService stock. The stock was sold at an average price of $59.95, for a total transaction of $195,736.75.

NASDAQ:EXLS traded up $0.41 during trading hours on Friday, hitting $59.08. The company had a trading volume of 2,342 shares, compared to its average volume of 100,039. The company has a quick ratio of 3.57, a current ratio of 3.57 and a debt-to-equity ratio of 0.10. The stock has a market cap of $2.02 billion, a P/E ratio of 23.28, a PEG ratio of 2.02 and a beta of 1.27. ExlService Holdings, Inc. has a 1 year low of $52.52 and a 1 year high of $64.34.

ExlService (NASDAQ:EXLS) last announced its earnings results on Thursday, August 2nd. The business services provider reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.14. ExlService had a return on equity of 14.25% and a net margin of 6.11%. The company had revenue of $210.11 million during the quarter, compared to analysts’ expectations of $209.30 million. During the same period last year, the business posted $0.70 EPS. ExlService’s revenue for the quarter was up 11.1% on a year-over-year basis. equities analysts anticipate that ExlService Holdings, Inc. will post 2.24 earnings per share for the current year.

Several hedge funds and other institutional investors have recently modified their holdings of EXLS. Alps Advisors Inc. raised its holdings in shares of ExlService by 11.4% in the 2nd quarter. Alps Advisors Inc. now owns 10,646 shares of the business services provider’s stock valued at $603,000 after purchasing an additional 1,089 shares during the period. Oppenheimer Asset Management Inc. grew its stake in ExlService by 8.4% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 26,541 shares of the business services provider’s stock valued at $1,503,000 after buying an additional 2,058 shares during the last quarter. Rhumbline Advisers grew its stake in ExlService by 3.3% in the 2nd quarter. Rhumbline Advisers now owns 89,994 shares of the business services provider’s stock valued at $5,095,000 after buying an additional 2,889 shares during the last quarter. Allianz Asset Management GmbH acquired a new position in ExlService in the 4th quarter valued at about $204,000. Finally, State Board of Administration of Florida Retirement System grew its stake in ExlService by 14.8% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 27,907 shares of the business services provider’s stock valued at $1,580,000 after buying an additional 3,600 shares during the last quarter. 90.63% of the stock is owned by institutional investors.

A number of research firms have recently weighed in on EXLS. BidaskClub downgraded shares of ExlService from a “hold” rating to a “sell” rating in a research report on Thursday, April 12th. Barrington Research set a $70.00 target price on ExlService and gave the stock a “buy” rating in a research note on Tuesday, May 1st. Zacks Investment Research raised ExlService from a “sell” rating to a “buy” rating and set a $65.00 target price for the company in a research note on Wednesday, May 2nd. SunTrust Banks raised ExlService from a “hold” rating to a “buy” rating and set a $50.00 target price for the company in a research note on Friday, June 1st. Finally, ValuEngine raised ExlService from a “hold” rating to a “buy” rating in a research note on Wednesday, July 11th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company. ExlService has an average rating of “Buy” and a consensus target price of $64.00.

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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