Louisiana State Employees Retirement System Purchases Shares of 45,600 ExlService Holdings, Inc. $EXLS

Louisiana State Employees Retirement System purchased a new position in ExlService Holdings, Inc. (NASDAQ:EXLS) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 45,600 shares of the business services provider’s stock, valued at approximately $1,389,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Transamerica Financial Advisors LLC raised its position in shares of ExlService by 285.2% during the fourth quarter. Transamerica Financial Advisors LLC now owns 678 shares of the business services provider’s stock valued at $29,000 after buying an additional 502 shares during the last quarter. True Wealth Design LLC lifted its stake 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 buying an additional 257 shares during the period. Private Trust Co. NA grew its position in ExlService by 56.2% during 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 in the last quarter. V Square Quantitative Management LLC bought a new position in ExlService during the fourth quarter valued at about $33,000. Finally, Hantz Financial Services Inc. increased its stake in ExlService by 183.1% during the fourth quarter. Hantz Financial Services Inc. now owns 1,353 shares of the business services provider’s stock valued at $57,000 after acquiring an additional 875 shares during the period. Institutional investors own 92.92% of the company’s stock.

Insider Buying and Selling at ExlService

In other ExlService news, insider Vikas Bhalla sold 12,000 shares of ExlService stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $30.22, for a total transaction of $362,640.00. Following the completion of the transaction, the insider directly owned 153,295 shares of the company’s stock, valued at approximately $4,632,574.90. This trade represents a 7.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Ajay Ayyappan sold 5,093 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $29.11, for a total transaction of $148,257.23. Following the completion of the sale, the executive vice president owned 48,994 shares in the company, valued at $1,426,215.34. This 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. 3.66% of the stock is owned by insiders.

Wall Street Analyst Weigh In

EXLS has been the subject of a number of research reports. TD Cowen reiterated a “buy” rating on shares of ExlService in a research report on Wednesday, June 17th. JPMorgan Chase & Co. upped their target price on ExlService from $42.00 to $43.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Weiss Ratings cut ExlService from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday. Finally, Barrington Research reiterated an “outperform” rating and set a $40.00 price target on shares of ExlService in a research note on Thursday, June 25th. Five investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, ExlService currently has a consensus rating of “Moderate Buy” and a consensus price target of $41.50.

ExlService Stock Performance

NASDAQ:EXLS opened at $27.02 on Friday. The firm has a market capitalization of $4.13 billion, a PE ratio of 17.21, a price-to-earnings-growth ratio of 1.13 and a beta of 0.84. The company has a quick ratio of 2.66, a current ratio of 2.66 and a debt-to-equity ratio of 0.53. ExlService Holdings, Inc. has a 12-month low of $24.85 and a 12-month high of $47.11. The firm has a 50-day moving average price of $28.80 and a 200 day moving average price of $32.95.

ExlService (NASDAQ:EXLS) last released its quarterly earnings data on Tuesday, April 28th. The business services provider reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.05. ExlService had a return on equity of 28.50% and a net margin of 11.66%.The company had revenue of $570.35 million for the quarter, compared to analyst estimates of $557.67 million. During the same period in the prior year, the company 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. Research analysts anticipate that ExlService Holdings, Inc. will post 1.8 earnings per share for the current fiscal year.

ExlService announced that its Board of Directors has initiated a share repurchase program on Tuesday, March 17th that permits the company to buyback $125.00 million in shares. This buyback authorization permits the business services provider to buy up to 2.7% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its stock is undervalued.

ExlService Company 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.