ExlService Holdings, Inc. (NASDAQ:EXLS) Stock Holdings Lifted by BNP Paribas Financial Markets

BNP Paribas Financial Markets lifted its holdings in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 28.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 230,410 shares of the business services provider’s stock after buying an additional 50,399 shares during the period. BNP Paribas Financial Markets owned 0.14% of ExlService worth $8,790,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. GAMMA Investing LLC increased its position in ExlService by 28.7% in the second quarter. GAMMA Investing LLC now owns 1,755 shares of the business services provider’s stock worth $55,000 after buying an additional 391 shares during the period. Linden Thomas Advisory Services LLC lifted its position in ExlService by 10.0% in the 2nd quarter. Linden Thomas Advisory Services LLC now owns 15,063 shares of the business services provider’s stock valued at $472,000 after purchasing an additional 1,373 shares during the last quarter. SG Americas Securities LLC boosted its stake in ExlService by 780.7% during the 2nd quarter. SG Americas Securities LLC now owns 31,318 shares of the business services provider’s stock valued at $982,000 after purchasing an additional 27,762 shares during the period. V Square Quantitative Management LLC grew its position in ExlService by 5.2% in the 2nd quarter. V Square Quantitative Management LLC now owns 7,123 shares of the business services provider’s stock worth $223,000 after purchasing an additional 349 shares during the last quarter. Finally, AlphaMark Advisors LLC acquired a new stake in shares of ExlService in the second quarter valued at approximately $331,000. Institutional investors and hedge funds own 92.92% of the company’s stock.

Insider Activity at ExlService

In other ExlService news, CEO Rohit Kapoor sold 100,000 shares of the stock in a transaction that occurred on 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 completion of the sale, the chief executive officer now owns 1,190,240 shares in the company, valued at $50,073,396.80. This represents a 7.75 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jaynie M. Studenmund sold 3,645 shares of ExlService stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $44.05, for a total value of $160,562.25. Following the sale, the director now directly owns 14,580 shares of the company’s stock, valued at approximately $642,249. The trade was a 20.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 426,458 shares of company stock valued at $18,720,514. Company insiders own 4.16% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on EXLS shares. Needham & Company LLC boosted 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. JPMorgan Chase & Co. raised their price target on ExlService from $38.00 to $41.00 and gave the company an “overweight” rating in a report on Friday, September 6th. Jefferies Financial Group raised shares of ExlService from a “hold” rating to a “buy” rating and raised their target price for the company from $35.00 to $42.00 in a research note on Monday, September 9th. StockNews.com lowered shares of ExlService from a “buy” rating to a “hold” rating in a research note on Wednesday, November 27th. Finally, Robert W. Baird upped their target price on ExlService from $40.00 to $44.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, ExlService currently has a consensus rating of “Moderate Buy” and a consensus target price of $42.86.

ExlService Stock Down 0.6 %

Shares of ExlService stock opened at $46.09 on Tuesday. ExlService Holdings, Inc. has a 12-month low of $28.16 and a 12-month high of $47.37. The firm has a market capitalization of $7.41 billion, a PE ratio of 40.43, a price-to-earnings-growth ratio of 2.26 and a beta of 0.99. The company has a quick ratio of 3.02, a current ratio of 3.02 and a debt-to-equity ratio of 0.37. The stock’s fifty day moving average is $41.85 and its 200-day moving average is $36.18.

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

ExlService 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.