Mitsubishi UFJ Asset Management UK Ltd. Sells 20,000 Shares of ExlService Holdings, Inc. $EXLS

Mitsubishi UFJ Asset Management UK Ltd. decreased its position in ExlService Holdings, Inc. (NASDAQ:EXLS) by 64.5% during the fourth quarter, HoldingsChannel reports. The firm owned 11,000 shares of the business services provider’s stock after selling 20,000 shares during the quarter. Mitsubishi UFJ Asset Management UK Ltd.’s holdings in ExlService were worth $467,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of EXLS. CENTRAL TRUST Co raised its position in shares of ExlService by 2,428.0% in the third quarter. CENTRAL TRUST Co now owns 632 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 607 shares during the period. True Wealth Design LLC raised its position in shares of ExlService by 57.2% in the fourth quarter. True Wealth Design LLC now owns 706 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 257 shares during the period. Private Trust Co. NA raised its position 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 valued at $30,000 after purchasing an additional 258 shares during the period. V Square Quantitative Management LLC bought a new position in ExlService during the fourth quarter worth $33,000. Finally, Strategic Advocates LLC bought a new position in ExlService during the third quarter worth $60,000. Institutional investors own 92.92% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Weiss Ratings lowered shares of ExlService from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, April 24th. TD Cowen dropped their target price on shares of ExlService from $51.00 to $45.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Barrington Research set a $40.00 target price on shares of ExlService and gave the stock an “outperform” rating in a research report on Thursday, April 30th. Stifel Nicolaus dropped their target price on shares of ExlService from $54.00 to $46.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $40.00 target price (down from $55.00) on shares of ExlService in a research report on Wednesday, February 25th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $41.50.

ExlService Trading Down 0.1%

Shares of EXLS stock opened at $28.97 on Wednesday. The firm has a market capitalization of $4.43 billion, a P/E ratio of 18.45, a price-to-earnings-growth ratio of 1.23 and a beta of 0.87. The company has a current ratio of 2.66, a quick ratio of 2.66 and a debt-to-equity ratio of 0.53. The firm’s fifty day simple moving average is $30.44 and its 200 day simple moving average is $35.58. ExlService Holdings, Inc. has a 1 year low of $26.82 and a 1 year high of $48.54.

ExlService (NASDAQ:EXLS) last announced its quarterly earnings results on Tuesday, April 28th. The business services provider reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.05. The firm had revenue of $570.35 million for the quarter, compared to analyst estimates of $557.67 million. ExlService had a net margin of 11.66% and a return on equity of 28.50%. The business’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.48 EPS. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. As a group, sell-side analysts predict that ExlService Holdings, Inc. will post 1.79 EPS for the current year.

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

Insider Transactions at ExlService

In other ExlService news, EVP Ajay Ayyappan sold 1,197 shares of the business’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $29.79, for a total value of $35,658.63. Following the sale, the executive vice president owned 53,901 shares of the company’s stock, valued at $1,605,710.79. The trade was a 2.17% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 4.04% of the stock is owned by company insiders.

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.