107,791 Shares in ExlService Holdings, Inc. $EXLS Purchased by The Manufacturers Life Insurance Company

Key Points

• The Manufacturers Life Insurance Company purchased 107,791 ExlService shares worth approximately $2.8 million, joining other institutional investors; institutions collectively own 92.92% of the stock.
• ExlService exceeded quarterly expectations, reporting $0.59 EPS versus $0.55 expected and $594.76 million in revenue, up 15.6% year over year. The company issued fiscal 2026 EPS guidance of $2.25–$2.29.
• Analyst sentiment remains positive, with six Buy ratings and one Hold rating, producing a “Moderate Buy” consensus and an average price target of $44.50 versus the reported share price of $37.42.

The Manufacturers Life Insurance Company purchased a new stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 107,791 shares of the business services provider's stock, valued at approximately $2,787,000. The Manufacturers Life Insurance Company owned about 0.07% of ExlService at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EXLS. Transamerica Financial Advisors LLC grew its stake 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. Hantz Financial Services Inc. raised its holdings in shares of ExlService by 183.1% in the fourth quarter. Hantz Financial Services Inc. now owns 1,353 shares of the business services provider's stock worth $57,000 after buying an additional 875 shares during the period. Leonteq Securities AG bought a new stake in shares of ExlService during the 4th quarter worth approximately $59,000. Cache Advisors LLC purchased a new position in ExlService during the 1st quarter valued at $69,000. Finally, CIBC Private Wealth Group LLC grew its position in ExlService by 63.4% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,583 shares of the business services provider's stock valued at $70,000 after acquiring an additional 614 shares during the last quarter. 92.92% of the stock is owned by hedge funds and other institutional investors.

ExlService Stock Down 1.7%

ExlService stock opened at $37.42 on Wednesday. The firm has a market cap of $5.67 billion, a P/E ratio of 23.53, a P/E/G ratio of 1.53 and a beta of 0.81. The business has a fifty day moving average of $31.60 and a two-hundred day moving average of $30.55. ExlService Holdings, Inc. has a twelve month low of $24.85 and a twelve month high of $45.08.

ExlService (NASDAQ:EXLS - Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The business services provider reported $0.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 return on equity of 30.61% and a net margin of 11.17%.The business's revenue was up 15.6% compared to the same quarter last year. During the same period last year, the business posted $0.49 EPS. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. Equities analysts expect that ExlService Holdings, Inc. will post 1.82 earnings per share for the current year.

Insider Transactions at ExlService

In other ExlService news, insider Vikas Bhalla sold 12,000 shares of ExlService stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $30.22, for a total value of $362,640.00. Following the transaction, the insider owned 153,295 shares in the company, valued at $4,632,574.90. The trade was a 7.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of analysts have weighed in on EXLS shares. Weiss Ratings upgraded ExlService from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Wednesday, August 19th. Barrington Research set a $43.00 target price on shares of ExlService in a research note on Thursday, July 30th. TD Cowen restated a "buy" rating and issued a $45.00 price target (up from $43.00) on shares of ExlService in a report on Thursday, August 27th. Needham & Company LLC raised their price target 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. Finally, Robert W. Baird set a $45.00 price objective on shares of ExlService and gave the company an "outperform" rating in a report on Thursday, July 30th. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $44.50.

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.

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