124,600 Shares in ExlService Holdings, Inc. $EXLS Purchased by Weiss Asset Management LP

Weiss Asset Management LP purchased a new position in ExlService Holdings, Inc. (NASDAQ:EXLS) during the first quarter, HoldingsChannel reports. The institutional investor purchased 124,600 shares of the business services provider’s stock, valued at approximately $3,794,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AQR Capital Management LLC increased its position in ExlService by 109.7% during the fourth quarter. AQR Capital Management LLC now owns 4,118,625 shares of the business services provider’s stock worth $174,794,000 after purchasing an additional 2,154,652 shares during the last quarter. Amundi acquired a new position in shares of ExlService in the 3rd quarter valued at $67,862,000. Jane Street Group LLC boosted its holdings in shares of ExlService by 534.2% in 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 purchasing an additional 1,141,008 shares during the last quarter. Qube Research & Technologies Ltd grew its stake in shares of 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 valued at $38,644,000 after buying an additional 862,284 shares during the period. Finally, Voloridge Investment Management LLC increased its holdings in shares of ExlService by 916.1% during the 3rd quarter. Voloridge Investment Management LLC now owns 834,252 shares of the business services provider’s stock worth $36,732,000 after buying an additional 752,148 shares during the last quarter. Hedge funds and other institutional investors own 92.92% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on EXLS shares. Weiss Ratings lowered ExlService from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, June 30th. JPMorgan Chase & Co. lifted their price objective on ExlService from $42.00 to $43.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. TD Cowen reiterated a “buy” rating and set a $39.00 target price (down from $45.00) on shares of ExlService in a report on Thursday, July 9th. Finally, Barrington Research reissued an “outperform” rating and set a $40.00 target price on shares of ExlService in a research report on Thursday, June 25th. Five analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $40.50.

Insider Buying and Selling

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

ExlService Price Performance

Shares of NASDAQ EXLS opened at $27.67 on Monday. 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 1 year low of $24.85 and a 1 year high of $47.11. The stock’s 50-day simple moving average is $27.98 and its 200-day simple moving average is $31.25. The firm has a market cap of $4.23 billion, a price-to-earnings ratio of 17.62, a PEG ratio of 1.17 and a beta of 0.84.

ExlService (NASDAQ:EXLS) last issued its quarterly earnings results on Tuesday, April 28th. The business services provider reported $0.58 EPS for the quarter, beating 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 firm had revenue of $570.35 million during the quarter, compared to the consensus estimate of $557.67 million. During the same quarter in the prior year, the business posted $0.48 earnings per share. ExlService’s revenue for the quarter was up 13.8% on a year-over-year basis. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. As a group, equities analysts anticipate that ExlService Holdings, Inc. will post 1.8 earnings per share for the current fiscal year.

ExlService 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.