ExlService Holdings, Inc. $EXLS Shares Purchased by UNIVEST FINANCIAL Corp

UNIVEST FINANCIAL Corp boosted its stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 27.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 126,092 shares of the business services provider’s stock after purchasing an additional 27,091 shares during the quarter. UNIVEST FINANCIAL Corp’s holdings in ExlService were worth $3,840,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. AQR Capital Management LLC lifted its position in ExlService by 109.7% in the fourth quarter. AQR Capital Management LLC now owns 4,118,625 shares of the business services provider’s stock valued at $174,794,000 after acquiring an additional 2,154,652 shares during the last quarter. Amundi acquired a new position in ExlService in the 3rd quarter valued at about $67,862,000. Jane Street Group LLC raised its stake in ExlService by 534.2% during the 2nd quarter. Jane Street Group LLC now owns 1,354,599 shares of the business services provider’s stock valued at $59,318,000 after acquiring an additional 1,141,008 shares during the last quarter. Qube Research & Technologies Ltd lifted its position in ExlService by 4,269.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 882,480 shares of the business services provider’s stock worth $38,644,000 after acquiring an additional 862,284 shares during the period. Finally, Tudor Investment Corp ET AL grew its stake in shares of ExlService by 451.2% in the 3rd quarter. Tudor Investment Corp ET AL now owns 975,894 shares of the business services provider’s stock valued at $42,969,000 after purchasing an additional 798,831 shares during the last quarter. 92.92% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, insider Vikas Bhalla sold 12,000 shares of the firm’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 completion of the transaction, the insider owned 153,295 shares in the company, valued at $4,632,574.90. This trade represents a 7.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Ajay Ayyappan sold 5,093 shares of ExlService stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $29.11, for a total value of $148,257.23. Following the transaction, the executive vice president directly owned 48,994 shares of the company’s stock, valued at $1,426,215.34. This trade represents a 9.42% decrease in their position. 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. Company insiders own 3.66% of the company’s stock.

ExlService Price Performance

EXLS traded down $0.30 on Friday, hitting $27.30. 1,438,338 shares of the company were exchanged, compared to its average volume of 2,836,600. The business’s fifty day moving average is $28.39 and its 200 day moving average is $32.39. The firm has a market capitalization of $4.17 billion, a P/E ratio of 17.39, a price-to-earnings-growth ratio of 1.15 and a beta of 0.84. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.66 and a current ratio of 2.66. ExlService Holdings, Inc. has a fifty-two week low of $24.85 and a fifty-two week high of $47.11.

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

ExlService announced that its board has initiated a share repurchase plan on Tuesday, March 17th that authorizes the company to repurchase $125.00 million in outstanding shares. This repurchase authorization authorizes the business services provider to reacquire up to 2.7% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board believes its shares are undervalued.

Analysts Set New Price Targets

A number of research firms have recently issued reports on EXLS. JPMorgan Chase & Co. boosted their target price on ExlService from $42.00 to $43.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Barrington Research reiterated an “outperform” rating and issued a $40.00 price objective on shares of ExlService in a research report on Thursday, June 25th. Weiss Ratings cut shares of ExlService from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, June 30th. Finally, TD Cowen restated a “buy” rating and issued a $39.00 target price (down from $45.00) on shares of ExlService in a research note on Thursday. Five investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $40.50.

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.