Mitsubishi UFJ Asset Management Co. Ltd. Acquires 22,175 Shares of ExlService Holdings, Inc. $EXLS

Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in ExlService Holdings, Inc. (NASDAQ:EXLS) by 91.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 46,495 shares of the business services provider’s stock after acquiring an additional 22,175 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in ExlService were worth $1,916,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. True Wealth Design LLC grew its position in ExlService by 57.2% in the fourth quarter. True Wealth Design LLC now owns 706 shares of the business services provider’s stock worth $30,000 after acquiring an additional 257 shares in the last quarter. Private Trust Co. NA lifted its stake in shares of ExlService by 56.2% in the fourth quarter. Private Trust Co. NA now owns 717 shares of the business services provider’s stock worth $30,000 after buying an additional 258 shares during the last quarter. Fifth Third Bancorp lifted its stake in shares of ExlService by 15.0% in the fourth quarter. Fifth Third Bancorp now owns 1,982 shares of the business services provider’s stock worth $84,000 after buying an additional 259 shares during the last quarter. Composition Wealth LLC lifted its stake in shares of ExlService by 1.6% in the fourth quarter. Composition Wealth LLC now owns 20,230 shares of the business services provider’s stock worth $859,000 after buying an additional 314 shares during the last quarter. Finally, Public Employees Retirement System of Ohio lifted its stake in shares of ExlService by 0.6% in the third quarter. Public Employees Retirement System of Ohio now owns 54,274 shares of the business services provider’s stock worth $2,390,000 after buying an additional 318 shares during the last quarter. 92.92% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have recently weighed in on EXLS shares. Robert W. Baird set a $35.00 price objective on shares of ExlService in a research note on Wednesday, February 25th. Weiss Ratings cut shares of ExlService from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, April 24th. JPMorgan Chase & Co. boosted their price objective 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. Wall Street Zen upgraded shares of ExlService from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Finally, Stifel Nicolaus reduced their price objective on shares of ExlService from $54.00 to $46.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, ExlService has an average rating of “Moderate Buy” and an average price target of $41.50.

Insider Buying and Selling

In related news, EVP Ajay Ayyappan sold 2,275 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $30.32, for a total transaction of $68,978.00. Following the completion of the transaction, the executive vice president directly owned 53,768 shares in the company, valued at $1,630,245.76. This represents a 4.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 4.04% of the stock is currently owned by insiders.

ExlService Price Performance

NASDAQ:EXLS opened at $30.19 on Tuesday. The stock has a market cap of $4.61 billion, a P/E ratio of 19.23, a PEG ratio of 1.31 and a beta of 0.87. ExlService Holdings, Inc. has a one year low of $26.94 and a one year high of $48.54. The company has a fifty day moving average price of $30.89 and a 200 day moving average price of $36.11. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 2.66.

ExlService (NASDAQ:EXLS) last released its 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. The firm had revenue of $570.35 million during the quarter, compared to analysts’ expectations of $557.67 million. ExlService had a net margin of 11.66% and a return on equity of 28.50%. The business’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.48 EPS. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. Analysts anticipate that ExlService Holdings, Inc. will post 1.79 earnings per share for the current year.

ExlService declared that its board has approved a stock buyback plan on Tuesday, March 17th that authorizes the company to buyback $125.00 million in shares. This buyback authorization authorizes the business services provider to purchase up to 2.7% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board of directors believes its shares are undervalued.

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.