UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Trims Stake in ExlService Holdings, Inc. $EXLS

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its stake in ExlService Holdings, Inc. (NASDAQ:EXLS) by 4.3% in the second quarter, HoldingsChannel reports. The fund owned 456,253 shares of the business services provider’s stock after selling 20,325 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in ExlService were worth $11,799,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. Transamerica Financial Advisors LLC grew its stake in shares of ExlService by 285.2% during the 4th quarter. Transamerica Financial Advisors LLC now owns 678 shares of the business services provider’s stock worth $29,000 after purchasing an additional 502 shares during the period. Hantz Financial Services Inc. lifted its stake in shares of ExlService by 183.1% in the 4th quarter. Hantz Financial Services Inc. now owns 1,353 shares of the business services provider’s stock valued at $57,000 after purchasing an additional 875 shares during the period. Leonteq Securities AG acquired a new position in shares of ExlService in the 4th quarter valued at $59,000. Cache Advisors LLC purchased a new stake in ExlService during the first quarter worth $69,000. Finally, CIBC Private Wealth Group LLC boosted its holdings in ExlService by 63.4% during the third quarter. CIBC Private Wealth Group LLC now owns 1,583 shares of the business services provider’s stock worth $70,000 after buying an additional 614 shares in the last quarter. Hedge funds and other institutional investors own 92.92% of the company’s stock.

ExlService Stock Performance

NASDAQ:EXLS opened at $36.63 on Monday. ExlService Holdings, Inc. has a 12 month low of $24.85 and a 12 month high of $45.08. The stock has a 50 day moving average of $32.27 and a two-hundred day moving average of $30.70. The firm has a market cap of $5.55 billion, a P/E ratio of 23.04, a price-to-earnings-growth ratio of 1.47 and a beta of 0.81.

ExlService (NASDAQ:EXLS) last released its earnings results on Tuesday, July 28th. The business services provider reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.04. The business had revenue of $594.76 million for the quarter, compared to the consensus estimate of $573.94 million. ExlService had a return on equity of 30.61% and a net margin of 11.17%.The business’s quarterly revenue was up 15.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.49 earnings per share. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. On average, research analysts forecast that ExlService Holdings, Inc. will post 1.82 earnings per share for the current year.

Insider Activity

In other news, insider Vikas Bhalla sold 11,000 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $34.99, for a total value of $384,890.00. Following the transaction, the insider directly owned 130,295 shares of the company’s stock, valued at approximately $4,559,022.05. This trade represents a 7.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have weighed in on EXLS. Barrington Research set a $43.00 price objective on shares of ExlService in a report on Thursday, July 30th. Weiss Ratings raised shares of ExlService from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday. Needham & Company LLC raised their target price on ExlService from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Robert W. Baird set a $45.00 price target on ExlService and gave the company an “outperform” rating in a research note on Thursday, July 30th. Finally, TD Cowen reiterated a “buy” rating and set a $45.00 price target (up from $43.00) on shares of ExlService in a research report on Thursday, August 27th. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, ExlService presently has a consensus rating of “Moderate Buy” and an average price target of $44.50.

About ExlService

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.