ExlService Holdings, Inc. (NASDAQ:EXLS) Shares Bought by Chartwell Investment Partners LLC

Chartwell Investment Partners LLC grew its holdings in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 0.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,353 shares of the business services provider’s stock after purchasing an additional 254 shares during the period. Chartwell Investment Partners LLC’s holdings in ExlService were worth $1,196,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC purchased a new stake in ExlService in the 3rd quarter valued at approximately $27,000. Whittier Trust Co. of Nevada Inc. raised its position in shares of ExlService by 164.0% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 924 shares of the business services provider’s stock worth $29,000 after buying an additional 574 shares during the period. New Covenant Trust Company N.A. purchased a new position in shares of ExlService in the 1st quarter worth $30,000. Headlands Technologies LLC raised its position in shares of ExlService by 269.0% in the 1st quarter. Headlands Technologies LLC now owns 1,594 shares of the business services provider’s stock worth $51,000 after buying an additional 1,162 shares during the period. Finally, GAMMA Investing LLC raised its position in shares of ExlService by 28.7% in the 2nd 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. Institutional investors and hedge funds own 92.92% of the company’s stock.

ExlService Price Performance

Shares of EXLS opened at $46.82 on Wednesday. The firm has a market cap of $7.53 billion, a PE ratio of 41.07, a PEG ratio of 2.22 and a beta of 0.99. The firm’s 50 day moving average price is $39.17 and its 200 day moving average price is $34.64. 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 twelve month low of $26.54 and a twelve month high of $47.32.

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

Insider Buying and Selling

In other ExlService news, EVP Anita Mahon sold 25,670 shares of ExlService stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $35.50, for a total transaction of $911,285.00. Following the sale, the executive vice president now owns 68,857 shares in the company, valued at $2,444,423.50. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, EVP Anita Mahon sold 25,670 shares of the business’s stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $35.50, for a total value of $911,285.00. Following the sale, the executive vice president now owns 68,857 shares in the company, valued at approximately $2,444,423.50. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Rohit Kapoor sold 100,000 shares of the business’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $45.66, for a total transaction of $4,566,000.00. Following the completion of the sale, the chief executive officer now owns 789,645 shares in the company, valued at $36,055,190.70. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 385,498 shares of company stock valued at $16,122,573. 4.16% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

EXLS has been the subject of several recent research reports. Citigroup increased their price target on ExlService from $38.00 to $46.00 and gave the company a “buy” rating in a report on Monday, October 14th. Needham & Company LLC raised their target price on ExlService from $40.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. JPMorgan Chase & Co. raised their target price on ExlService from $38.00 to $41.00 and gave the company an “overweight” rating in a research note on Friday, September 6th. Jefferies Financial Group raised shares of ExlService from a “hold” rating to a “buy” rating and increased their price target for the stock from $35.00 to $42.00 in a research report on Monday, September 9th. Finally, Robert W. Baird raised their target price on shares of ExlService from $40.00 to $44.00 and gave the stock a “neutral” rating in a 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $42.86.

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.