ExlService Holdings, Inc. $EXLS Stake Trimmed by Neumeier Poma Investment Counsel LLC

Neumeier Poma Investment Counsel LLC lessened its stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 2.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,000,759 shares of the business services provider’s stock after selling 28,345 shares during the period. ExlService comprises 4.1% of Neumeier Poma Investment Counsel LLC’s investment portfolio, making the stock its 4th largest holding. Neumeier Poma Investment Counsel LLC owned about 0.62% of ExlService worth $43,823,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Securian Asset Management Inc. raised its holdings in shares of ExlService by 1.9% during the second quarter. Securian Asset Management Inc. now owns 12,390 shares of the business services provider’s stock valued at $543,000 after acquiring an additional 228 shares during the period. Huntington National Bank grew its position in ExlService by 14.4% during the 2nd quarter. Huntington National Bank now owns 1,953 shares of the business services provider’s stock worth $86,000 after purchasing an additional 246 shares in the last quarter. Blue Trust Inc. raised its stake in ExlService by 6.9% during the 2nd quarter. Blue Trust Inc. now owns 3,914 shares of the business services provider’s stock valued at $171,000 after purchasing an additional 254 shares during the period. Jennison Associates LLC lifted its holdings in shares of ExlService by 1.5% in the second quarter. Jennison Associates LLC now owns 19,477 shares of the business services provider’s stock valued at $853,000 after purchasing an additional 288 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its holdings in shares of ExlService by 25.7% in the first quarter. Caitong International Asset Management Co. Ltd now owns 1,803 shares of the business services provider’s stock valued at $85,000 after purchasing an additional 369 shares in the last quarter. 92.92% of the stock is owned by hedge funds and other institutional investors.

ExlService Price Performance

EXLS opened at $38.77 on Wednesday. The company has a market capitalization of $6.15 billion, a PE ratio of 26.37, a price-to-earnings-growth ratio of 1.77 and a beta of 0.91. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.91 and a quick ratio of 3.15. ExlService Holdings, Inc. has a fifty-two week low of $37.30 and a fifty-two week high of $52.43. The business has a 50-day moving average of $41.43 and a 200-day moving average of $43.46.

ExlService (NASDAQ:EXLS) last announced its quarterly earnings results on Tuesday, October 28th. The business services provider reported $0.48 EPS for the quarter, beating the consensus estimate of $0.47 by $0.01. The business had revenue of $529.59 million during the quarter, compared to analysts’ expectations of $522.35 million. ExlService had a return on equity of 25.60% and a net margin of 11.91%.The firm’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.44 EPS. ExlService has set its FY 2025 guidance at 1.880-1.920 EPS. Equities research analysts forecast that ExlService Holdings, Inc. will post 1.27 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Vikas Bhalla sold 8,000 shares of the stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $43.76, for a total transaction of $350,080.00. Following the transaction, the insider owned 127,046 shares in the company, valued at $5,559,532.96. This represents a 5.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 4.04% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

EXLS has been the subject of several research analyst reports. Weiss Ratings downgraded ExlService from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Saturday, October 25th. Wall Street Zen raised shares of ExlService from a “hold” rating to a “buy” rating in a research report on Sunday, November 9th. Finally, JPMorgan Chase & Co. decreased their price target on shares of ExlService from $56.00 to $52.00 and set an “overweight” rating for the company in a report on Wednesday, August 20th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, ExlService presently has a consensus rating of “Moderate Buy” and an average target price of $54.50.

ExlService Company Profile

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.