Vise Technologies Inc. Makes New Investment in ExlService Holdings, Inc. $EXLS

Vise Technologies Inc. purchased a new stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 22,970 shares of the business services provider’s stock, valued at approximately $594,000.

Several other institutional investors and hedge funds have also modified their holdings of EXLS. one8zero8 LLC acquired a new stake in shares of ExlService in the second quarter worth about $2,589,000. Danske Bank A S acquired a new position in shares of ExlService during the 2nd quarter valued at about $96,000. Diversify Advisory Services LLC acquired a new position in shares of ExlService during the 2nd quarter valued at about $1,211,000. Summit Creek Advisors LLC bought a new position in shares of ExlService in the 2nd quarter valued at approximately $4,728,000. Finally, First National Bank of Omaha bought a new position in shares of ExlService in the 2nd quarter valued at approximately $1,789,000. Institutional investors and hedge funds own 92.92% of the company’s stock.

Insider Activity

In other news, insider Vikas Bhalla sold 12,000 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $30.22, for a total transaction of $362,640.00. Following the transaction, the insider owned 153,295 shares in the company, valued at approximately $4,632,574.90. The trade was a 7.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.66% of the company’s stock.

ExlService Stock Up 0.3%

Shares of EXLS stock opened at $37.66 on Tuesday. ExlService Holdings, Inc. has a 12 month low of $24.85 and a 12 month high of $45.08. The firm has a market cap of $5.71 billion, a PE ratio of 23.69, a price-to-earnings-growth ratio of 1.51 and a beta of 0.80. The stock has a 50 day moving average of $30.27 and a 200-day moving average of $30.28.

ExlService (NASDAQ:EXLS) last announced its quarterly earnings data on Tuesday, July 28th. The business services provider reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.04. The business had revenue of $594.76 million for the quarter, compared to the consensus estimate of $573.94 million. ExlService had a net margin of 11.17% and a return on equity of 30.61%. ExlService’s quarterly revenue was up 15.6% on a year-over-year basis. During the same quarter last year, the company posted $0.49 earnings per share. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. As a group, equities analysts predict that ExlService Holdings, Inc. will post 1.82 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on EXLS. Weiss Ratings raised ExlService from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, August 19th. Needham & Company LLC boosted their price objective on shares of ExlService from $40.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. TD Cowen reaffirmed a “buy” rating and set a $39.00 price objective (down from $45.00) on shares of ExlService in a report on Thursday, July 9th. JPMorgan Chase & Co. raised their target price on shares of ExlService from $42.00 to $43.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Finally, Barrington Research set a $43.00 target price on shares of ExlService in a report on Thursday, July 30th. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $43.50.

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.