ExlService Holdings, Inc. $EXLS Shares Sold by Boston Trust Walden Corp

Boston Trust Walden Corp trimmed its holdings in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 65.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 904,225 shares of the business services provider’s stock after selling 1,703,811 shares during the period. Boston Trust Walden Corp’s holdings in ExlService were worth $27,534,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of EXLS. JPMorgan Chase & Co. raised its stake in shares of 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 lifted its stake in shares of ExlService by 109.7% during the fourth quarter. AQR Capital Management LLC now owns 4,118,625 shares of the business services provider’s stock worth $174,794,000 after purchasing an additional 2,154,652 shares in the last quarter. Handelsbanken Fonder AB lifted its stake in shares of ExlService by 10.7% during the fourth quarter. Handelsbanken Fonder AB now owns 3,781,036 shares of the business services provider’s stock worth $160,467,000 after purchasing an additional 364,146 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of ExlService by 1.1% in 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 buying an additional 32,734 shares during the period. Finally, Mackenzie Financial Corp grew its stake in shares of ExlService by 1.6% in the third quarter. Mackenzie Financial Corp now owns 2,371,967 shares of the business services provider’s stock valued at $104,438,000 after buying an additional 37,881 shares in the last quarter. 92.92% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Ajay Ayyappan sold 5,093 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $29.11, for a total transaction of $148,257.23. Following the completion of the transaction, the executive vice president owned 48,994 shares in the company, valued at $1,426,215.34. The trade was a 9.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vikas Bhalla sold 12,000 shares of the company’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $30.22, for a total value 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. The trade was a 7.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is owned by corporate insiders.

ExlService Stock Performance

NASDAQ:EXLS opened at $27.02 on Friday. The company has a market cap of $4.13 billion, a PE ratio of 17.21, a P/E/G ratio of 1.14 and a beta of 0.84. The business’s 50 day moving average is $28.71 and its two-hundred day moving average is $32.91. 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 Holdings, Inc. has a 52 week low of $24.85 and a 52 week high of $47.11.

ExlService (NASDAQ:EXLS) last released its quarterly earnings data on Tuesday, April 28th. The business services provider reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. The firm had revenue of $570.35 million during the quarter, compared to the consensus estimate of $557.67 million. ExlService had a net margin of 11.66% and a return on equity of 28.50%. The firm’s revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.48 earnings per share. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. On average, analysts predict that ExlService Holdings, Inc. will post 1.8 EPS for the current year.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on EXLS shares. Weiss Ratings cut ExlService from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday. Barrington Research restated an “outperform” rating and issued a $40.00 target price on shares of ExlService in a research note on Thursday, June 25th. TD Cowen reaffirmed a “buy” rating on shares of ExlService in a report on Wednesday, June 17th. Finally, JPMorgan Chase & Co. lifted their price target on shares of ExlService from $42.00 to $43.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Five research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target 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.