First National Bank of Omaha Takes Position in ExlService Holdings, Inc. $EXLS

First National Bank of Omaha purchased a new position in ExlService Holdings, Inc. (NASDAQ:EXLS) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 72,046 shares of the business services provider’s stock, valued at approximately $3,172,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Mather Group LLC. bought a new position in ExlService during the third quarter worth about $25,000. CENTRAL TRUST Co raised its position in shares of ExlService by 2,428.0% in the 3rd quarter. CENTRAL TRUST Co now owns 632 shares of the business services provider’s stock valued at $28,000 after acquiring an additional 607 shares during the period. First Horizon Corp bought a new position in ExlService during the 3rd quarter worth approximately $32,000. Farther Finance Advisors LLC grew its holdings in ExlService by 533.6% during the third quarter. Farther Finance Advisors LLC now owns 792 shares of the business services provider’s stock valued at $35,000 after purchasing an additional 667 shares during the period. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in ExlService in the second quarter valued at approximately $43,000. Institutional investors own 92.92% of the company’s stock.

ExlService Price Performance

EXLS stock opened at $30.90 on Thursday. The stock has a 50-day moving average price of $39.43 and a two-hundred day moving average price of $40.91. ExlService Holdings, Inc. has a 1 year low of $28.62 and a 1 year high of $52.07. The stock has a market cap of $4.90 billion, a PE ratio of 21.02, a price-to-earnings-growth ratio of 1.22 and a beta of 0.88. The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 0.43.

Insider Buying and Selling

In other ExlService news, EVP Ajay Ayyappan sold 8,114 shares of the company’s stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $42.53, for a total transaction of $345,088.42. Following the completion of the transaction, the executive vice president owned 53,515 shares of the company’s stock, valued at $2,275,992.95. This represents a 13.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Vikas Bhalla sold 11,774 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $39.99, for a total transaction of $470,842.26. Following the transaction, the insider directly owned 115,272 shares of the company’s stock, valued at $4,609,727.28. This represents a 9.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 4.04% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on EXLS. TD Cowen reduced their price target on shares of ExlService from $52.00 to $51.00 and set a “buy” rating on the stock in a research report on Friday, January 9th. Weiss Ratings reiterated a “hold (c+)” rating on shares of ExlService in a report on Thursday, January 22nd. Finally, Wall Street Zen upgraded ExlService from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $53.00.

ExlService Company Profile

ExlService Holdings, Inc (NASDAQ: EXLS) is a global operations management and analytics company that partners with clients in insurance, healthcare, banking, and financial services to drive digital transformation and operational excellence. The firm delivers analytics-driven solutions and business process outsourcing services, including claims adjudication, finance and accounting, data management, and customer service support. ExlService combines domain expertise with advanced analytics, artificial intelligence, and automation technologies to help organizations optimize processes, enhance customer experiences, and manage risk.

Founded in 1999 and headquartered in New York City, ExlService has grown through a mix of organic expansion and strategic acquisitions, earning recognition for its data analytics capabilities and industry-specific knowledge.