Laurion Capital Management LP bought a new position in ExlService Holdings, Inc. (NASDAQ:EXLS) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 6,300 shares of the business services provider’s stock, valued at approximately $350,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Dubuque Bank & Trust Co. boosted its position in shares of ExlService Holdings by 2.6% in the second quarter. Dubuque Bank & Trust Co. now owns 4,350 shares of the business services provider’s stock worth $242,000 after acquiring an additional 110 shares during the last quarter. Aperio Group LLC boosted its position in shares of ExlService Holdings by 29.1% in the second quarter. Aperio Group LLC now owns 13,493 shares of the business services provider’s stock worth $750,000 after acquiring an additional 3,044 shares during the last quarter. UBS Asset Management Americas Inc. boosted its position in shares of ExlService Holdings by 41.5% in the first quarter. UBS Asset Management Americas Inc. now owns 15,517 shares of the business services provider’s stock worth $735,000 after acquiring an additional 4,550 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of ExlService Holdings by 4.9% in the first quarter. Vanguard Group Inc. now owns 2,887,499 shares of the business services provider’s stock worth $136,752,000 after acquiring an additional 135,087 shares during the last quarter. Finally, Arizona State Retirement System boosted its position in shares of ExlService Holdings by 0.6% in the second quarter. Arizona State Retirement System now owns 17,592 shares of the business services provider’s stock worth $978,000 after acquiring an additional 100 shares during the last quarter. 94.68% of the stock is currently owned by institutional investors and hedge funds.

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In related news, CEO Rohit Kapoor sold 20,934 shares of the stock in a transaction that occurred on Wednesday, September 27th. The stock was sold at an average price of $57.82, for a total value of $1,210,403.88. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Villa Rembert De sold 900 shares of the stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $56.01, for a total value of $50,409.00. Following the completion of the transaction, the executive vice president now owns 10,697 shares in the company, valued at approximately $599,138.97. The disclosure for this sale can be found here. Insiders sold 212,300 shares of company stock worth $12,088,406 in the last 90 days. 5.80% of the stock is currently owned by corporate insiders.

ExlService Holdings, Inc. (NASDAQ:EXLS) opened at 58.32 on Friday. ExlService Holdings, Inc. has a 12 month low of $42.00 and a 12 month high of $59.84. The firm has a market capitalization of $1.97 billion, a PE ratio of 29.59 and a beta of 1.30. The firm’s 50-day moving average is $56.06 and its 200-day moving average is $51.94.

ExlService Holdings (NASDAQ:EXLS) last released its quarterly earnings data on Thursday, July 27th. The business services provider reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.24. ExlService Holdings had a return on equity of 14.34% and a net margin of 9.53%. The firm had revenue of $189.10 million for the quarter, compared to the consensus estimate of $185.65 million. During the same quarter in the prior year, the company posted $0.55 earnings per share. The firm’s revenue was up 10.9% on a year-over-year basis. On average, equities research analysts expect that ExlService Holdings, Inc. will post $2.61 EPS for the current year.

EXLS has been the topic of several research analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $60.00 target price (up from $59.00) on shares of ExlService Holdings in a research report on Sunday, July 30th. Cantor Fitzgerald reissued a “buy” rating and issued a $59.00 target price on shares of ExlService Holdings in a research report on Tuesday, June 20th. Zacks Investment Research raised shares of ExlService Holdings from a “hold” rating to a “strong-buy” rating and set a $64.00 target price on the stock in a research report on Tuesday, July 4th. BidaskClub cut shares of ExlService Holdings from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Finally, Cowen and Company reissued a “buy” rating and issued a $54.00 target price on shares of ExlService Holdings in a research report on Friday, July 28th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $60.00.

ExlService Holdings Profile

ExlService Holdings, Inc is an operations management and analytics company. The Company segments include Insurance; Healthcare; Travel, Transportation and Logistics; Finance and Accounting (F&A); Analytics, and All Other. The Insurance operating segment serves property and casualty insurance, life insurance, disability insurance, annuity and retirement services companies.

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Institutional Ownership by Quarter for ExlService Holdings (NASDAQ:EXLS)

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