Counterpoint Mutual Funds LLC Makes New $4.77 Million Investment in ExlService Holdings, Inc. $EXLS

Counterpoint Mutual Funds LLC bought a new stake in ExlService Holdings, Inc. (NASDAQ:EXLS) in the first quarter, HoldingsChannel reports. The institutional investor bought 156,536 shares of the business services provider’s stock, valued at approximately $4,767,000. ExlService comprises 0.7% of Counterpoint Mutual Funds LLC’s holdings, making the stock its 23rd biggest position.

Other institutional investors also recently made changes to their positions in the company. Fox Run Management L.L.C. purchased a new stake in ExlService during the fourth quarter worth about $1,455,000. Nordea Investment Management AB acquired a new position in ExlService during the fourth quarter worth about $23,570,000. UBS Group AG increased its holdings in ExlService by 103.6% in the fourth quarter. UBS Group AG now owns 1,091,714 shares of the business services provider’s stock valued at $46,332,000 after buying an additional 555,382 shares in the last quarter. Aberdeen Group plc increased its holdings in ExlService by 18.8% in the fourth quarter. Aberdeen Group plc now owns 562,437 shares of the business services provider’s stock valued at $23,870,000 after buying an additional 89,194 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH lifted its position in shares of ExlService by 18.5% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 693,008 shares of the business services provider’s stock valued at $29,411,000 after acquiring an additional 108,398 shares during the period. 92.92% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other ExlService news, insider Vikas Bhalla sold 12,000 shares of the stock in a transaction 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 sale, the insider owned 153,295 shares in the company, valued at approximately $4,632,574.90. This represents a 7.26% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Ajay Ayyappan sold 5,093 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $29.11, for a total value of $148,257.23. Following the transaction, the executive vice president directly owned 48,994 shares of the company’s stock, valued at $1,426,215.34. The trade was a 9.42% decrease in their position. 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.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. JPMorgan Chase & Co. boosted their price target on ExlService from $42.00 to $43.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. TD Cowen reaffirmed a “buy” rating on shares of ExlService in a research note on Wednesday, June 17th. Barrington Research reaffirmed an “outperform” rating and set a $40.00 price objective on shares of ExlService in a report on Thursday, June 25th. Finally, Weiss Ratings downgraded ExlService from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday. Five equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, ExlService has an average rating of “Moderate Buy” and a consensus target price of $41.50.

ExlService Stock Performance

NASDAQ:EXLS opened at $27.02 on Friday. The company has a current ratio of 2.66, a quick ratio of 2.66 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $4.13 billion, a P/E ratio of 17.21, a price-to-earnings-growth ratio of 1.14 and a beta of 0.84. The firm has a 50-day moving average price of $28.71 and a two-hundred day moving average price of $32.91. ExlService Holdings, Inc. has a twelve month low of $24.85 and a twelve month high of $47.11.

ExlService (NASDAQ:EXLS) last released its quarterly earnings results on Tuesday, April 28th. The business services provider reported $0.58 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 for the quarter, compared to analyst estimates of $557.67 million. During the same period in the prior year, the business earned $0.48 earnings per share. The company’s quarterly revenue was up 13.8% on a year-over-year basis. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. As a group, research analysts expect that ExlService Holdings, Inc. will post 1.8 earnings per share for the current fiscal year.

ExlService declared that its Board of Directors has authorized a stock repurchase 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 buy up to 2.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its stock is undervalued.

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.