Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. ExlService Holdings Inc shares valued at $675,822 were sold by Nicolelli Maurizio on Jan 27 ’25. At $49.14 per share, Nicolelli Maurizio sold 13,753 shares. The insider’s holdings dropped to 194,440 shares worth approximately $9.7 million following the completion of this transaction.
Also, STUDENMUND JAYNIE M sold 3,645 shares, netting a total of over 160,562 in proceeds. Following the sale of shares at $44.05 each, the insider now holds 14,580 shares.
Before that, Jaynie Studenmund had added 3,645 shares to its account. In a trade valued at $161,656, the Director bought ExlService Holdings Inc shares for $44.35 each.
As published in a research note from Jefferies on September 09, 2024, ExlService Holdings Inc [EXLS] has been rated up from a Hold to a Buy and the price target has been revised to $42 from $35. Analysts at Wedbush upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in early May. As of January 17, 2024, Citigroup has increased its “Neutral” rating to a “Buy” for EXLS. Earlier on September 19, 2023, Jefferies initiated its rating. Their recommendation was “a Hold” for EXLS stock.
Analyzing EXLS Stock Performance
During the last five days, there has been a surge of approximately 0.26%. Over the course of the year, ExlService Holdings Inc shares have jumped approximately 12.44%. Shares of the company reached a 52-week high of $51.07 on 01/28/25 and a 52-week low of $43.68 on 01/07/25. A 50-day SMA is recorded $46.12, while a 200-day SMA reached $37.34. Nevertheless, trading volume fell to 0.57 million shares from 1.1 million shares the previous day.
Support And Resistance Levels for ExlService Holdings Inc (EXLS)
According to the 24-hour chart, there is a support level at 49.54, which, if violated, would cause prices to drop to 49.17. In the upper region, resistance lies at 50.31. The next price resistance is at 50.71. RSI (Relative Strength Index) is 70.48 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.99, which suggests the price will increase in the coming days. Percent R is at 16.07%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
