Exlservice Holdings, Inc. (EXLS) Files Form 4 Insider Selling : Vishal Chhibbar Sells 4,992 Shares

Exlservice Holdings, Inc. (EXLS): Vishal Chhibbar , EVP & CFO of Exlservice Holdings, Inc. sold 4,992 shares on Apr 11, 2016. The Insider selling transaction was reported by the company on Apr 13, 2016 to the Securities and Exchange Commission. The shares were sold at $50.99 per share for a total value of $254,524.11 according the SEC Form 4 Filing.

Company has been under the radar of several Street Analysts.ExlService Holdings is Upgraded by Needham to Buy and the brokerage firm has set the Price Target at $56. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Feb 24, 2016.

Currently the company Insiders own 7.05% of ExlService Holdings shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -21.09%.Institutional Investors own 95.04% of ExlService Holdings shares.During last six month period, the net percent change held by insiders has seen a change of -5.3%.

Shares of ExlService Holdings (EXLS) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -0.35 points or -0.68% at $50.75 with 1,56,935 shares getting traded. Post opening the session at $51.22, the shares hit an intraday low of $50.67 and an intraday high of $51.26 and the price vacillated in this range throughout the day. The company has a market cap of $1,688 M and the number of outstanding shares has been calculated to be 3,32,69,976 shares. The 52-week high of ExlService Holdings is $52.92 and the 52-week low is $32.825.

ExlService Holdings Money Flow Index Chart

ExlService Holdings Inc. (EXL) provides business process solutions. The Company’s business is divided into two reporting segments: Operations Management (previously Outsourcing Services) and Analytics and Business Transformation (previously Transformation Services). It provides Operations Management solutions to sectors including insurance healthcare utilities banking and financial services and travel transportation and logistics sectors as well as cross-industry operations management solutions such as finance and accounting services. Its Analytics and Business Transformation services include its Analytics Operations Consulting and Finance Transformation services. Its global delivery network spreads across the United States Europe and Asia. It operates 19 operations centers in India six operations centers in the United States five operations centers in the Philippines and one operations center in each of Bulgaria Romania and the Czech Republic.

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