Leeward Investments LLC MA Has $13.87 Million Position in ExlService Holdings, Inc. (NASDAQ:EXLS)

Leeward Investments LLC MA lessened its position in ExlService Holdings, Inc. (NASDAQ:EXLS) by 0.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 363,602 shares of the business services provider’s stock after selling 1,297 shares during the period. Leeward Investments LLC MA’s holdings in ExlService were worth $13,871,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Azzad Asset Management Inc. ADV lifted its holdings in ExlService by 1.1% during the 3rd quarter. Azzad Asset Management Inc. ADV now owns 24,757 shares of the business services provider’s stock valued at $944,000 after purchasing an additional 261 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in shares of ExlService by 3.4% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 8,897 shares of the business services provider’s stock worth $279,000 after acquiring an additional 291 shares in the last quarter. V Square Quantitative Management LLC boosted its holdings in shares of 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 acquiring an additional 349 shares in the last quarter. UMB Bank n.a. grew its position in ExlService by 29.7% during the 3rd quarter. UMB Bank n.a. now owns 1,638 shares of the business services provider’s stock worth $62,000 after acquiring an additional 375 shares during the last quarter. Finally, GAMMA Investing LLC increased its holdings in ExlService by 28.7% during the 2nd quarter. GAMMA Investing LLC now owns 1,755 shares of the business services provider’s stock valued at $55,000 after purchasing an additional 391 shares in the last quarter. Institutional investors own 92.92% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on EXLS shares. Citigroup boosted their price objective on ExlService from $38.00 to $46.00 and gave the stock a “buy” rating in a research note on Monday, October 14th. Robert W. Baird increased their price objective on shares of ExlService from $40.00 to $44.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. JPMorgan Chase & Co. boosted their target price 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. Jefferies Financial Group raised shares of ExlService from a “hold” rating to a “buy” rating and increased their price target for the company from $35.00 to $42.00 in a research note on Monday, September 9th. Finally, Needham & Company LLC boosted their price objective on shares of ExlService from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. One investment 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 a consensus target price of $42.86.

Insider Buying and Selling

In other ExlService news, insider Vivek Jetley sold 2,015 shares of the company’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $35.75, for a total value of $72,036.25. Following the completion of the sale, the insider now owns 326,642 shares of the company’s stock, valued at approximately $11,677,451.50. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other ExlService news, insider Vivek Jetley sold 2,015 shares of the business’s stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $35.75, for a total value of $72,036.25. Following the completion of the transaction, the insider now directly owns 326,642 shares of the company’s stock, valued at approximately $11,677,451.50. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Rohit Kapoor sold 35,000 shares of the firm’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $36.18, for a total value of $1,266,300.00. Following the sale, the chief executive officer now directly owns 1,424,588 shares in the company, valued at approximately $51,541,593.84. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 296,688 shares of company stock valued at $11,939,831 in the last 90 days. 4.16% of the stock is owned by insiders.

ExlService Stock Performance

EXLS stock opened at $45.15 on Thursday. ExlService Holdings, Inc. has a twelve month low of $26.23 and a twelve month high of $45.44. 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 company has a market cap of $7.26 billion, a P/E ratio of 39.61, a price-to-earnings-growth ratio of 2.05 and a beta of 0.99. The business’s fifty day moving average is $38.37 and its 200-day moving average is $34.14.

ExlService (NASDAQ:EXLS) last released its earnings results 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 return on equity of 23.23% and a net margin of 10.61%. The firm had revenue of $472.07 million for the quarter, compared to analyst estimates of $460.73 million. During the same quarter in the prior year, the firm posted $0.30 earnings per share. The company’s quarterly revenue was up 14.9% on a year-over-year basis. Equities research analysts forecast that ExlService Holdings, Inc. will post 1.27 EPS 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.