Will Exlservice Holdings Incorporated (NASDAQ:EXLS) Run Out of Steam Soon? Short Interest Is Down

February 12, 2018 - By Vivian Park

 Will Exlservice Holdings Incorporated (NASDAQ:EXLS) Run Out of Steam Soon? Short Interest Is Down

Investors sentiment increased to 1.48 in Q3 2017. Its up 0.10, from 1.38 in 2017Q2. It increased, as 13 investors sold ExlService Holdings, Inc. shares while 48 reduced holdings. 35 funds opened positions while 55 raised stakes. 29.99 million shares or 5.77% less from 31.83 million shares in 2017Q2 were reported.
Ftb Advsrs accumulated 0.01% or 1,157 shares. Goldman Sachs Gru, New York-based fund reported 157,576 shares. Ahl Prtnrs Ltd Liability Partnership holds 0.17% or 160,309 shares. Jpmorgan Chase invested 0% in ExlService Holdings, Inc. (NASDAQ:EXLS). 3,815 were reported by Personal Advsrs. California-based Wells Fargo & Mn has invested 0% in ExlService Holdings, Inc. (NASDAQ:EXLS). Glenmede Na holds 0% of its portfolio in ExlService Holdings, Inc. (NASDAQ:EXLS) for 6,742 shares. Mason Street Advisors Ltd Liability Company has invested 0.01% in ExlService Holdings, Inc. (NASDAQ:EXLS). Employees Retirement Of Ohio stated it has 602 shares. Amalgamated Fincl Bank owns 4,500 shares. Prudential Pcl reported 0.03% of its portfolio in ExlService Holdings, Inc. (NASDAQ:EXLS). Moreover, Aperio Group Limited has 0% invested in ExlService Holdings, Inc. (NASDAQ:EXLS). Blackrock owns 4.05M shares. 1,109 were accumulated by Zurcher Kantonalbank (Zurich Cantonalbank). 6,177 are held by Miracle Mile Advsrs Ltd Liability Company.

Since August 15, 2017, it had 0 insider purchases, and 23 sales for $22.86 million activity. On Tuesday, October 10 Kapoor Rohit sold $915,490 worth of ExlService Holdings, Inc. (NASDAQ:EXLS) or 15,358 shares. The insider Chhibbar Vishal sold 7,119 shares worth $422,920. 23,311 ExlService Holdings, Inc. (NASDAQ:EXLS) shares with value of $1.40 million were sold by BAGAI PAVAN.

The stock of Exlservice Holdings Incorporated (NASDAQ:EXLS) registered a decrease of 0.69% in short interest. EXLS’s total short interest was 361,800 shares in February as published by FINRA. Its down 0.69% from 364,300 shares, reported previously. With 142,100 shares average volume, it will take short sellers 3 days to cover their EXLS’s short positions. The short interest to Exlservice Holdings Incorporated’s float is 1.11%.

The stock increased 0.38% or $0.22 during the last trading session, reaching $57.42. About 153,411 shares traded or 12.65% up from the average. ExlService Holdings, Inc. (NASDAQ:EXLS) has risen 4.24% since February 12, 2017 and is uptrending. It has underperformed by 12.46% the S&P500.

ExlService Holdings, Inc. provides operations management and analytics services in the United States, the United Kingdom, and internationally. The company has market cap of $1.95 billion. It operates in two divisions, Operations Management, and Analytics. It has a 27.2 P/E ratio. The Operations Management segment offers business process management services to the insurance industry in the areas of claims processing, subrogation, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business processing, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer services.

ExlService Holdings, Inc. (NASDAQ:EXLS) Ratings Coverage

Among 12 analysts covering ExlService Holdings (NASDAQ:EXLS), 6 have Buy rating, 1 Sell and 5 Hold. Therefore 50% are positive. ExlService Holdings had 27 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was maintained by Needham with “Buy” on Friday, October 27. The stock has “Buy” rating by Robert W. Baird on Thursday, October 26. Cantor Fitzgerald initiated the stock with “Buy” rating in Friday, October 16 report. The rating was maintained by Citigroup with “Neutral” on Friday, October 27. As per Thursday, August 3, the company rating was initiated by Wedbush. The firm has “Outperform” rating by Robert W. Baird given on Thursday, October 12. The stock of ExlService Holdings, Inc. (NASDAQ:EXLS) has “Buy” rating given on Thursday, October 26 by Stifel Nicolaus. The company was maintained on Friday, July 28 by Stifel Nicolaus. The company was maintained on Thursday, September 7 by Robert W. Baird. On Tuesday, June 20 the stock rating was maintained by Cantor Fitzgerald with “Buy”.

More news for ExlService Holdings, Inc. (NASDAQ:EXLS) were recently published by: Seekingalpha.com, which released: “ExlService Holdings’ (EXLS) CEO Rohit Kapoor Q3 2017 Results – Earnings Call …” on October 26, 2017. Nasdaq.com‘s article titled: “Zacks Industry Outlook Highlights: ExlService Holdings, Brink’s, Heidrick …” and published on January 19, 2018 is yet another important article.

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