Tower Research Capital LLC TRC has acquired shares of ExlService Holdings, Inc. (NASDAQ:EXLS).
According to the most recent SEC filing that the company submitted, Tower Research Capital LLC (TRC) increased its holdings in ExlService Holdings, INC (NASDAQ: EXLS) during the company’s third fiscal quarter by a factor that was 467.0% higher than the previous quarter’s holdings.
The institutional investor has 10,285 shares of the business services provider’s stock after making additional purchases during the period under consideration that added up to a total of 8,471 shares.
Tower Research Capital LLC (TRC) reported to the Securities and Exchange Commission (SEC) that the value of ExlService was $1,515,000 in their most recent filing.
In the most recent few months, in addition to hedge funds themselves, several other institutional investors, including hedge funds, as well as hedge funds themselves, have bought and sold shares of the company.
During the third quarter, Signaturefd LLC increased the percentage of its ExlService holdings owned by 56.0%. Signaturefd LLC now holds 170 business services provider’s stock shares after purchasing 61 shares during the preceding quarter.
Each share of this business services provider’s stock is valued at $2,500.
During the second quarter of the financial year, Parallel Advisors LLC increased the percentage of ExlService shares it owned by 62.7%.
As a result of the purchase of an additional 69 shares during the most recent quarter, Parallel Advisors LLC now has a total of 179 shares of the company, each worth $26,000 according to current market conditions.
Ellevest INC established a new investment in ExlService with a value of $27,000 during the third quarter of the fiscal year. Wipfli Financial Advisers LLC incurred approximately $29,000 to bring on a new employee for the ExlService department during the third quarter of the fiscal year.
Last but not least, during the second quarter, Assetmark INC paid approximately $39,000 for an investment to acquire a new interest in ExlService.
This acquisition should not be considered the least significant.
The vast majority, or 95.84%, of the total number of shares in the company, are owned by institutional investors and hedge funds.
When trading started on Friday, one share of ExlService’s stock went for $170.57 per share.
The debt-to-equity ratio was calculated to be 0.33; the current ratio was calculated to be 2.02; the quick ratio was also calculated to be 2.02, and so on. $171.67 is the company’s simple moving average price over the past 50 days, and $171.93 is the company’s simple moving average price over the past 200 days.
The stock’s price-to-earnings ratio is 41.40, the price-to-earnings-to-growth ratio is 1.92, and the stock’s beta value is 1.02.
The company is currently valued at $5.64 billion on the market.
ExlService Holdings, INC’s share price fluctuated between a low of $112.14 and a high of $191.18 over the previous year, reaching an all-time high of $191.18 on one particular day.
There have been a significant number of studies conducted and reports written about EXLS. Citigroup has increased its price target on ExlService, moving it up from $140.00 to $145.00, as stated in a research report that was made public on Friday, October 28th.
In a research note published on Friday, October 28th, Needham & Company LLC advised investors to “buy” shares of ExlService and raised their price target for the company’s stock from $190.00 to $200.00.
This recommendation was made in conjunction with an increase in the price target for the stock from $190.00 to $200.00. JPMorgan Chase & Co increased their price target for ExlService shares from $190.00 to $195.00 in a research note published on Thursday, December 15th. Cowen increased their price target on ExlService’s shares in a research note that was made public on November 1st, and the note was made available to the public.
The new price target is going to be $175.00.
In a research report released on Friday, February 10th, StockNews.com finally changed the rating on shares of ExlService from “hold” to “buy,” reflecting a shift in sentiment.
This move was made in response to recent market activity. Seven analysts think that investors should buy the stock, but only one analyst thinks it should be sold.
The website Bloomberg.com has given the stock a rating of “Moderate Buy,” The website also reports that the average price goal for the stock is $167.71.
Both of these pieces of information can be found on the website.
On December 14th, Senior Vice President Ajay Ayyappan sold 389 shares of the company’s stock.
This development is relevant to the discussion because it pertains to the topic.
Because each share was sold at an average price of $177.08, the total revenue from the sale came to $68,884.12o the discussion because it pertains to the topic at hand.
Because each share was sold at an average price of $177.08, the total revenue from the sale of the shares came to $68,884.12. Following the conclusion of the transaction, the senior vice president now directly owns 5,365 shares of the company’s stock.
Based on the current stock price, these shares are estimated to be worth approximately $950,034.20.
If you follow this link, you will be taken to the filing submitted to the Securities and Exchange Commission, where the transaction was discussed, and it will take you there immediately.
According to additional information regarding this matter, the Executive Vice President of the company, Nalin Kumar Miglani, sold 2,750 shares of the company’s stock on January 17th.