Robeco Institutional Asset Management B.V. Takes $334,000 Position in ExlService Holdings, Inc. $EXLS

Robeco Institutional Asset Management B.V. purchased a new position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 7,627 shares of the business services provider’s stock, valued at approximately $334,000.

Several other hedge funds have also bought and sold shares of EXLS. JPMorgan Chase & Co. lifted its holdings in ExlService by 40.8% during the first quarter. JPMorgan Chase & Co. now owns 6,704,937 shares of the business services provider’s stock valued at $316,540,000 after purchasing an additional 1,943,471 shares during the last quarter. Nuveen LLC purchased a new stake in ExlService in the first quarter worth $91,114,000. Driehaus Capital Management LLC purchased a new position in ExlService during the first quarter valued at $57,681,000. Invesco Ltd. raised its position in shares of ExlService by 125.5% in the 1st quarter. Invesco Ltd. now owns 1,582,235 shares of the business services provider’s stock worth $74,697,000 after purchasing an additional 880,612 shares during the last quarter. Finally, Millennium Management LLC increased its holdings in ExlService by 1,632.6% in the 1st quarter. Millennium Management LLC now owns 771,653 shares of the business services provider’s stock worth $36,430,000 after buying an additional 727,117 shares in the last quarter. Institutional investors and hedge funds own 92.92% of the company’s stock.

ExlService Price Performance

Shares of NASDAQ:EXLS opened at $42.46 on Thursday. ExlService Holdings, Inc. has a one year low of $38.36 and a one year high of $52.43. The stock has a market cap of $6.86 billion, a PE ratio of 29.49, a price-to-earnings-growth ratio of 1.94 and a beta of 0.86. The business’s fifty day moving average price is $43.24 and its two-hundred day moving average price is $44.52. The company has a debt-to-equity ratio of 0.24, a quick ratio of 3.15 and a current ratio of 3.15.

ExlService (NASDAQ:EXLS) last issued its earnings results on Tuesday, July 29th. The business services provider reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.04. The business had revenue of $514.46 million for the quarter, compared to analyst estimates of $504.87 million. ExlService had a return on equity of 25.38% and a net margin of 12.00%.The business’s quarterly revenue was up 14.7% on a year-over-year basis. During the same period last year, the company posted $0.40 EPS. ExlService has set its FY 2025 guidance at 1.860-1.900 EPS. On average, analysts forecast that ExlService Holdings, Inc. will post 1.27 EPS for the current fiscal year.

Insider Buying and Selling

In other ExlService news, insider Vikas Bhalla sold 8,000 shares of the company’s stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $43.76, for a total value of $350,080.00. Following the transaction, the insider owned 127,046 shares of the company’s stock, valued at approximately $5,559,532.96. This represents a 5.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 4.04% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts recently commented on EXLS shares. Weiss Ratings reissued a “buy (b-)” rating on shares of ExlService in a report on Wednesday. JPMorgan Chase & Co. decreased their price target on ExlService from $56.00 to $52.00 and set an “overweight” rating for the company in a research note on Wednesday, August 20th. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $51.33.

About ExlService

ExlService Holdings, Inc operates as a data analytics, and digital operations and solutions company in the United States and internationally. The company operates through Insurance, Healthcare, Analytics, and Emerging Business segments. It also provides digital operations and solutions and analytics-driven services, such as claims processing, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business acquisition, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer service using digital technology, artificial intelligence, machine learning, and advanced automation; digital customer acquisition services using a software-as-a-service delivery model through LifePRO and LISS platforms; subrogation services; and Subrosource software platform, an end-to-end subrogation platform.