ExlService Holdings, Inc. (NASDAQ:EXLS) Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC lowered its holdings in ExlService Holdings, Inc. (NASDAQ:EXLS) by 0.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 133,322 shares of the business services provider’s stock after selling 548 shares during the period. Janus Henderson Group PLC owned about 0.08% of ExlService worth $5,087,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in EXLS. Ashton Thomas Securities LLC acquired a new stake in shares of ExlService during the third quarter worth $27,000. Whittier Trust Co. of Nevada Inc. lifted its stake in ExlService by 164.0% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 924 shares of the business services provider’s stock valued at $29,000 after buying an additional 574 shares in the last quarter. Huntington National Bank lifted its stake in ExlService by 2,827.5% during the third quarter. Huntington National Bank now owns 1,171 shares of the business services provider’s stock valued at $45,000 after buying an additional 1,131 shares in the last quarter. 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 worth $62,000 after buying an additional 375 shares during the period. Finally, GAMMA Investing LLC increased its position 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 worth $89,000 after acquiring an additional 576 shares in the last quarter. 92.92% of the stock is currently owned by institutional investors.

Insider Transactions at ExlService

In related news, insider Vikas Bhalla sold 22,813 shares of the company’s stock in a transaction on Monday, November 4th. The shares were sold at an average price of $41.86, for a total transaction of $954,952.18. Following the completion of the sale, the insider now directly owns 102,825 shares of the company’s stock, valued at approximately $4,304,254.50. This represents a 18.16 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jaynie M. Studenmund sold 3,645 shares of ExlService stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $44.05, for a total transaction of $160,562.25. Following the completion of the transaction, the director now owns 14,580 shares in the company, valued at $642,249. This trade represents a 20.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 426,458 shares of company stock worth $18,720,514. 4.16% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms recently commented on EXLS. JPMorgan Chase & Co. raised their price objective on shares of ExlService from $38.00 to $41.00 and gave the stock an “overweight” rating in a research note on Friday, September 6th. StockNews.com raised ExlService from a “hold” rating to a “buy” rating in a research report on Thursday, December 5th. Citigroup upped their price target on ExlService from $38.00 to $46.00 and gave the company a “buy” rating in a research report on Monday, October 14th. Needham & Company LLC raised 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. Finally, Robert W. Baird increased their price target on shares of ExlService from $40.00 to $44.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $42.86.

ExlService Trading Up 0.4 %

NASDAQ:EXLS opened at $46.29 on Wednesday. The company has a market capitalization of $7.45 billion, a P/E ratio of 40.61, a P/E/G ratio of 2.27 and a beta of 1.01. The stock’s 50 day moving average price is $42.88 and its 200 day moving average price is $36.82. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.02 and a current ratio of 3.02. ExlService Holdings, Inc. has a 52 week low of $28.16 and a 52 week high of $47.37.

ExlService (NASDAQ:EXLS) last released its quarterly earnings results on Tuesday, October 29th. The business services provider reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. The business had revenue of $472.07 million for 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%. ExlService’s revenue for the quarter was up 14.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.30 EPS. On average, research analysts forecast that ExlService Holdings, Inc. will post 1.27 EPS for the current fiscal year.

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.