ExlService Holdings, Inc. (NASDAQ:EXLS) Shares Bought by Price T Rowe Associates Inc. MD

Price T Rowe Associates Inc. MD increased its holdings in shares of ExlService Holdings, Inc. (NASDAQ:EXLS – Get Rating) by 0.1% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 480,566 shares of the business services provider’s stock after acquiring an additional 265 shares during the period. Price T Rowe Associates Inc. MD owned approximately 1.45% of ExlService worth $70,818,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of EXLS. FMR LLC grew its position in shares of ExlService by 23.8% during the 2nd quarter. FMR LLC now owns 3,513,418 shares of the business services provider’s stock valued at $517,631,000 after acquiring an additional 674,982 shares during the period. Principal Financial Group Inc. grew its position in shares of ExlService by 42.6% during the 2nd quarter. Principal Financial Group Inc. now owns 645,851 shares of the business services provider’s stock valued at $95,153,000 after acquiring an additional 192,980 shares during the period. Allspring Global Investments Holdings LLC grew its position in shares of ExlService by 5,059.2% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 178,303 shares of the business services provider’s stock valued at $26,274,000 after acquiring an additional 174,847 shares during the period. Invesco Ltd. grew its position in shares of ExlService by 49.7% during the 1st quarter. Invesco Ltd. now owns 466,371 shares of the business services provider’s stock valued at $66,817,000 after acquiring an additional 154,763 shares during the period. Finally, Federated Hermes Inc. grew its position in shares of ExlService by 89.6% during the 2nd quarter. Federated Hermes Inc. now owns 260,234 shares of the business services provider’s stock valued at $38,340,000 after acquiring an additional 122,948 shares during the period. 95.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on EXLS shares. Needham & Company LLC restated a “buy” rating and set a $200.00 target price on shares of ExlService in a research report on Friday, March 3rd. StockNews.com raised ExlService from a “hold” rating to a “buy” rating in a research note on Thursday, March 2nd. Finally, JPMorgan Chase & Co. lifted their price target on ExlService from $190.00 to $195.00 in a research note on Thursday, December 15th. One research analyst has rated the stock with a sell rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $171.83.

ExlService Stock Performance

Shares of NASDAQ:EXLS opened at $152.66 on Tuesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.20 and a quick ratio of 2.20. The business’s 50 day moving average price is $168.92 and its 200-day moving average price is $170.81. The firm has a market capitalization of $5.08 billion, a PE ratio of 36.09, a P/E/G ratio of 1.93 and a beta of 1.01. ExlService Holdings, Inc. has a 1 year low of $124.50 and a 1 year high of $191.18.

Insiders Place Their Bets

In other ExlService news, SVP Ajay Ayyappan sold 389 shares of the business’s stock in a transaction on Wednesday, December 14th. The stock was sold at an average price of $177.08, for a total transaction of $68,884.12. Following the transaction, the senior vice president now owns 5,365 shares of the company’s stock, valued at $950,034.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other ExlService news, EVP Nalin Kumar Miglani sold 2,750 shares of the business’s stock in a transaction on Tuesday, January 17th. The stock was sold at an average price of $173.69, for a total transaction of $477,647.50. Following the transaction, the executive vice president now owns 4,294 shares of the company’s stock, valued at $745,824.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Ajay Ayyappan sold 389 shares of the business’s stock in a transaction on Wednesday, December 14th. The stock was sold at an average price of $177.08, for a total value of $68,884.12. Following the transaction, the senior vice president now directly owns 5,365 shares in the company, valued at approximately $950,034.20. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 8,479 shares of company stock valued at $1,449,848. Insiders own 3.51% of the company’s stock.

ExlService Company Profile

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ExlService Holdings, Inc is an operations management and analytics company, which engages in providing business process management. It operates through the following segments: Insurance, Healthcare, Travel, Transportation, and Logistics, Finance and Accounting, Analytic, and All Other. The Insurance segment serves property and casualty insurance, life insurance, disability insurance, annuity, and retirement services companies.