ExlService (NASDAQ:EXLS) Insider Vikas Bhalla Sells 12,000 Shares

ExlService Holdings, Inc. (NASDAQ:EXLS) insider Vikas Bhalla sold 12,000 shares of the stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $30.22, for a total transaction of $362,640.00. Following the transaction, the insider owned 153,295 shares of the company’s stock, valued at approximately $4,632,574.90. This represents a 7.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

ExlService Trading Down 0.7%

ExlService stock opened at $29.47 on Tuesday. ExlService Holdings, Inc. has a one year low of $26.82 and a one year high of $48.54. The company has a market cap of $4.50 billion, a price-to-earnings ratio of 18.77, a P/E/G ratio of 1.25 and a beta of 0.83. The firm has a 50-day moving average of $30.12 and a 200-day moving average of $34.59. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 2.66.

ExlService (NASDAQ:EXLS) last issued its earnings results on Tuesday, April 28th. The business services provider reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.05. ExlService had a net margin of 11.66% and a return on equity of 28.50%. The business had revenue of $570.35 million during the quarter, compared to the consensus estimate of $557.67 million. During the same period last year, the business posted $0.48 EPS. ExlService’s revenue was up 13.8% on a year-over-year basis. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. On average, equities analysts expect that ExlService Holdings, Inc. will post 1.79 earnings per share for the current fiscal year.

ExlService announced that its Board of Directors has initiated a stock buyback plan on Tuesday, March 17th that permits the company to repurchase $125.00 million in shares. This repurchase authorization permits the business services provider to purchase up to 2.7% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its stock is undervalued.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its holdings in ExlService by 9.5% in the 4th quarter. JPMorgan Chase & Co. now owns 5,927,793 shares of the business services provider’s stock valued at $251,576,000 after acquiring an additional 514,911 shares during the period. AQR Capital Management LLC raised its holdings in ExlService by 109.7% in the 4th quarter. AQR Capital Management LLC now owns 4,118,625 shares of the business services provider’s stock valued at $174,794,000 after acquiring an additional 2,154,652 shares during the period. Handelsbanken Fonder AB raised its holdings in ExlService by 10.7% in the 4th quarter. Handelsbanken Fonder AB now owns 3,781,036 shares of the business services provider’s stock valued at $160,467,000 after acquiring an additional 364,146 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of ExlService by 1.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,902,412 shares of the business services provider’s stock worth $123,181,000 after purchasing an additional 32,734 shares during the period. Finally, Mackenzie Financial Corp increased its holdings in shares of ExlService by 1.6% during the third quarter. Mackenzie Financial Corp now owns 2,371,967 shares of the business services provider’s stock worth $104,438,000 after purchasing an additional 37,881 shares during the period. 92.92% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently issued reports on EXLS shares. Needham & Company LLC reiterated a “buy” rating and issued a $40.00 target price (down from $55.00) on shares of ExlService in a research note on Wednesday, February 25th. Stifel Nicolaus cut their target price on shares of ExlService from $54.00 to $46.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. JPMorgan Chase & Co. raised their target price on shares of ExlService from $42.00 to $43.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. TD Cowen cut their target price on shares of ExlService from $51.00 to $45.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Finally, Robert W. Baird set a $35.00 target price on shares of ExlService in a research note on Wednesday, February 25th. Five research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, ExlService currently has an average rating of “Moderate Buy” and a consensus target price of $41.50.

ExlService Company Profile

ExlService Holdings, Inc (NASDAQ: EXLS) is a global operations management and analytics company that partners with clients in insurance, healthcare, banking, and financial services to drive digital transformation and operational excellence. The firm delivers analytics-driven solutions and business process outsourcing services, including claims adjudication, finance and accounting, data management, and customer service support. ExlService combines domain expertise with advanced analytics, artificial intelligence, and automation technologies to help organizations optimize processes, enhance customer experiences, and manage risk.

Founded in 1999 and headquartered in New York City, ExlService has grown through a mix of organic expansion and strategic acquisitions, earning recognition for its data analytics capabilities and industry-specific knowledge.