Landscape Capital Management L.L.C. Acquires New Holdings in ExlService Holdings, Inc. $EXLS

Landscape Capital Management L.L.C. bought a new position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 16,063 shares of the business services provider’s stock, valued at approximately $415,000.

Several other hedge funds have also recently bought and sold shares of EXLS. Fox Run Management L.L.C. acquired a new position in ExlService in the 4th quarter worth $1,455,000. UBS Group AG raised its stake in shares of ExlService by 103.6% in the 4th quarter. UBS Group AG now owns 1,091,714 shares of the business services provider’s stock valued at $46,332,000 after purchasing an additional 555,382 shares during the period. M&T Bank Corp raised its stake in shares of ExlService by 869.3% in the 4th quarter. M&T Bank Corp now owns 45,100 shares of the business services provider’s stock valued at $1,874,000 after purchasing an additional 40,447 shares during the period. Counterpoint Mutual Funds LLC bought a new stake in shares of ExlService in the first quarter valued at about $4,767,000. Finally, Rothschild Investment LLC lifted its holdings in shares of ExlService by 2,883.0% in the fourth quarter. Rothschild Investment LLC now owns 65,894 shares of the business services provider’s stock valued at $2,797,000 after purchasing an additional 63,685 shares in the last quarter. 92.92% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Vikas Bhalla sold 11,000 shares of ExlService 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 completion of the transaction, the insider owned 130,295 shares of the company’s stock, valued at $4,559,022.05. This trade represents a 7.79% decrease in their position. The sale was disclosed in a legal 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 currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have weighed in on EXLS shares. Needham & Company LLC upped their price target on ExlService from $40.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. JPMorgan Chase & Co. lifted their price objective on shares of ExlService from $42.00 to $43.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Barrington Research set a $43.00 price objective on shares of ExlService in a research report on Thursday, July 30th. Weiss Ratings upgraded shares of ExlService from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, August 19th. Finally, Robert W. Baird set a $45.00 target price on shares of ExlService and gave the company an “outperform” rating in a research report on Thursday, July 30th. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $43.50.

ExlService Stock Up 0.3%

NASDAQ:EXLS opened at $37.66 on Tuesday. ExlService Holdings, Inc. has a twelve month low of $24.85 and a twelve month high of $45.08. The firm has a market capitalization of $5.71 billion, a price-to-earnings ratio of 23.69, a price-to-earnings-growth ratio of 1.51 and a beta of 0.80. The stock’s 50 day moving average price is $30.27 and its two-hundred day moving average price is $30.28.

ExlService (NASDAQ:EXLS) last released its quarterly earnings data on Tuesday, July 28th. The business services provider reported $0.59 EPS for the quarter, beating the consensus estimate of $0.55 by $0.04. The company had revenue of $594.76 million during 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 firm’s revenue for the quarter was up 15.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.49 EPS. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. As a group, analysts anticipate that ExlService Holdings, Inc. will post 1.82 earnings per share for the current year.

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.