ExlService Holdings, Inc. $EXLS Shares Acquired by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH increased its holdings in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 35.6% during the first quarter, HoldingsChannel reports. The institutional investor owned 939,698 shares of the business services provider’s stock after acquiring an additional 246,690 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in ExlService were worth $28,614,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in EXLS. Pictet Asset Management Holding SA increased its holdings in ExlService by 10.7% in the 1st quarter. Pictet Asset Management Holding SA now owns 25,060 shares of the business services provider’s stock worth $763,000 after acquiring an additional 2,428 shares in the last quarter. Aaron Wealth Advisors LLC purchased a new position in ExlService during the first quarter valued at $473,000. Louisiana State Employees Retirement System purchased a new position in ExlService during the first quarter valued at $1,389,000. OP Asset Management Ltd acquired a new stake in shares of ExlService in the first quarter valued at about $3,412,000. Finally, Cache Advisors LLC purchased a new stake in shares of ExlService during the first quarter worth about $69,000. Institutional investors and hedge funds own 92.92% of the company’s stock.

Wall Street Analysts Forecast Growth

EXLS has been the subject of several research analyst reports. TD Cowen restated a “buy” rating on shares of ExlService in a research report on Wednesday, June 17th. Barrington Research reiterated an “outperform” rating and issued a $40.00 price objective on shares of ExlService in a report on Thursday. Weiss Ratings upgraded ExlService from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, June 15th. Finally, JPMorgan Chase & Co. increased their target price on ExlService from $42.00 to $43.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $41.50.

ExlService Trading Down 0.1%

Shares of EXLS opened at $25.98 on Monday. ExlService Holdings, Inc. has a 52-week low of $25.15 and a 52-week high of $47.11. The stock has a market cap of $3.97 billion, a PE ratio of 16.55, a price-to-earnings-growth ratio of 1.10 and a beta of 0.83. The firm’s fifty day moving average is $29.24 and its two-hundred day moving average is $33.36. The company has a quick ratio of 2.66, a current ratio of 2.66 and a debt-to-equity ratio of 0.53.

ExlService (NASDAQ:EXLS) last issued its earnings results on Tuesday, April 28th. The business services provider reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. The business had revenue of $570.35 million during the quarter, compared to analysts’ expectations of $557.67 million. ExlService had a net margin of 11.66% and a return on equity of 28.50%. The company’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.48 earnings per share. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. Research analysts forecast that ExlService Holdings, Inc. will post 1.8 earnings per share for the current fiscal year.

ExlService declared that its Board of Directors has approved a share buyback program on Tuesday, March 17th that authorizes the company to buyback $125.00 million in outstanding shares. This buyback authorization authorizes the business services provider to reacquire up to 2.7% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s board believes its stock is undervalued.

Insider Transactions at ExlService

In other news, insider Vikas Bhalla sold 12,000 shares of the business’s stock in a transaction that occurred on 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 directly owned 153,295 shares in the company, valued at $4,632,574.90. The trade was a 7.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Ajay Ayyappan sold 5,093 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $29.11, for a total value of $148,257.23. Following the completion of the sale, the executive vice president owned 48,994 shares of the company’s stock, valued at $1,426,215.34. This trade represents a 9.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is currently owned by corporate insiders.

ExlService 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.