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Potential Price Increase for ExlService Holdings Inc (EXLS) After Recent Insider Activity

ExlService Holdings Inc’s recently made public that its Officer AYYAPPAN AJAY acquired Company’s shares for reported $0.83 million on Feb 10 ’25. In the deal valued at $51.50 per share,16,186 shares were bought.

Then, Nicolelli Maurizio sold 13,753 shares, generating $675,822 in total proceeds. Upon selling the shares at $49.14, the Executive Vice President & CFO now owns 194,440 shares.

Before that, STUDENMUND JAYNIE M sold 3,645 shares. ExlService Holdings Inc shares valued at $160,562 were divested by the Director at a price of $44.05 per share. As a result of the transaction, STUDENMUND JAYNIE M now holds 14,580 shares, worth roughly $0.75 million.

Jefferies upgraded its ExlService Holdings Inc [EXLS] rating to a Buy from a a Hold in a research note published on September 09, 2024; the price target was increased to $42 from $35. A number of analysts have revised their coverage, including Wedbush’s analysts, who increased its forecast for the stock in early May from “a Neutral” to “an Outperform”. Citigroup also remained covering EXLS and has increased its forecast on January 17, 2024 with a “Buy” recommendation from previously “Neutral” rating. Jefferies started covering the stock on September 19, 2023. It rated EXLS as “a Hold”.

Price Performance Review of EXLS

On Monday, ExlService Holdings Inc [NASDAQ:EXLS] saw its stock jump 0.21% to $51.51. Over the last five days, the stock has gained 1.10%. ExlService Holdings Inc shares have risen nearly 16.07% since the year began. Nevertheless, the stocks have risen 67.79% over the past one year. While a 52-week high of $52.43 was reached on 02/07/25, a 52-week low of $28.16 was recorded on 01/07/25. SMA at 50 days reached $47.06, while 200 days put it at $38.20.

Levels Of Support And Resistance For EXLS Stock

The 24-hour chart illustrates a support level at 51.26, which if violated will result in even more drops to 51.02. On the upside, there is a resistance level at 51.83. A further resistance level may holdings at 52.15. The Relative Strength Index (RSI) on the 14-day chart is 70.93, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.11, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 23.09%. Stochastics %K at 82.03% indicates the stock is a selling.

How much short interest is there in ExlService Holdings Inc?

A steep rise in short interest was recorded in ExlService Holdings Inc stocks on 2025-01-15, dropping by -0.46 million shares to a total of 4.09 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 4.55 million shares. There was a decline of -11.2%, which implies that there is a negative sentiment for the stock.

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