Anyone interested in ExlService Holdings, Inc. (NASDAQ:EXLS) should probably be aware that the Executive VP & CFO, Maurizio Nicolelli, recently divested US$368k worth of shares in the company, at an average price of US$30.66 each. However, the silver lining is that the sale only reduced their total holding by 7.9%, so we're hesitant to read anything much into it, on its own.

ExlService Holdings Insider Transactions Over The Last Year

The President & Head of Insurance, Vikas Bhalla, made the biggest insider sale in the last 12 months. That single transaction was for US$749k worth of shares at a price of US$31.51 each. That means that an insider was selling shares at around the current price of US$30.63. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

ExlService Holdings insiders didn't buy any shares over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Does ExlService Holdings Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that ExlService Holdings insiders own 3.3% of the company, worth about US$166m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Do The ExlService Holdings Insider Transactions Indicate?

Insiders sold ExlService Holdings shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. On the plus side, ExlService Holdings makes money, and is growing profits. It is good to see high insider ownership, but the insider selling leaves us cautious. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Case in point: We've spotted 1 warning sign for ExlService Holdings you should be aware of.

Of course ExlService Holdings may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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