Keebeck Wealth Management Invests $426,000 in ExlService Holdings, Inc. $EXLS

Keebeck Wealth Management purchased a new stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) during the second quarter, HoldingsChannel reports. The institutional investor purchased 16,478 shares of the business services provider’s stock, valued at approximately $426,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Allworth Financial LP bought a new position in ExlService in the 2nd quarter valued at approximately $79,000. Vise Technologies Inc. purchased a new stake in ExlService during the 2nd quarter valued at $594,000. one8zero8 LLC bought a new stake in shares of ExlService in the 2nd quarter worth $2,589,000. Danske Bank A S bought a new stake in shares of ExlService in the 2nd quarter worth $96,000. Finally, Diversify Advisory Services LLC purchased a new position in shares of ExlService in the second quarter worth $1,211,000. Institutional investors own 92.92% of the company’s stock.

Insider Transactions at ExlService

In related news, insider Vikas Bhalla sold 11,000 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $34.99, for a total transaction of $384,890.00. Following the completion of the sale, the insider directly owned 130,295 shares in the company, valued at approximately $4,559,022.05. The trade was a 7.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 3.66% of the company’s stock.

ExlService Stock Performance

EXLS stock opened at $37.53 on Friday. The company has a market cap of $5.69 billion, a price-to-earnings ratio of 23.60, a P/E/G ratio of 1.49 and a beta of 0.80. The business’s 50-day moving average is $30.08 and its two-hundred day moving average is $30.31. ExlService Holdings, Inc. has a fifty-two week low of $24.85 and a fifty-two week high of $45.08.

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

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Robert W. Baird set a $45.00 price objective on ExlService and gave the company an “outperform” rating in a research report on Thursday, July 30th. TD Cowen restated a “buy” rating and set a $39.00 target price (down from $45.00) on shares of ExlService in a research note on Thursday, July 9th. Needham & Company LLC raised their price target on shares of ExlService from $40.00 to $45.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. 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. Finally, Barrington Research set a $43.00 price objective on shares of ExlService in a report on Thursday, July 30th. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, ExlService currently has a consensus rating of “Moderate Buy” and an average target price of $43.50.

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.