32,562 ExlService Holdings, Inc. $EXLS Shares Acquired by Congress Asset Management Co.

Key Points

• Congress Asset Management increased its ExlService stake by 6.4% in the third quarter, acquiring 32,562 shares and bringing its holdings to 537,766 shares worth approximately $18.5 million. Institutional investors collectively own 92.92% of the company.
• ExlService reported quarterly EPS of $0.59, beating estimates by $0.04, while revenue rose 15.6% year over year to $594.76 million. The company provided fiscal 2026 EPS guidance of $2.25–$2.29.
• Analysts remain broadly optimistic, with six Buy ratings and one Hold rating, an average “Moderate Buy” consensus, and a $44.50 average price target versus the stock’s $35.41 opening price. An insider separately sold 11,000 shares under a pre-arranged trading plan.

Congress Asset Management Co. lifted its position in ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) by 6.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 537,766 shares of the business services provider's stock after buying an additional 32,562 shares during the period. Congress Asset Management Co. owned about 0.35% of ExlService worth $18,488,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Transamerica Financial Advisors LLC bought a new stake in shares of ExlService during the second quarter valued at approximately $60,000. Cache Advisors LLC purchased a new position in ExlService in the 1st quarter worth approximately $69,000. Westpac Banking Corp bought a new position in ExlService in the 1st quarter valued at approximately $71,000. Flputnam Investment Management Co. bought a new position in ExlService in the 2nd quarter valued at approximately $71,000. Finally, Versant Capital Management Inc boosted its stake in ExlService by 14.6% during the 3rd quarter. Versant Capital Management Inc now owns 2,261 shares of the business services provider's stock valued at $78,000 after purchasing an additional 288 shares during the last quarter. Hedge funds and other institutional investors own 92.92% of the company's stock.

ExlService Stock Down 1.4%

ExlService stock opened at $35.41 on Wednesday. The business has a 50-day simple moving average of $35.72 and a two-hundred day simple moving average of $31.43. The company has a market cap of $5.37 billion, a P/E ratio of 22.27, a P/E/G ratio of 1.44 and a beta of 0.84. ExlService Holdings, Inc. has a 52-week low of $24.85 and a 52-week high of $43.88.

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

Wall Street Analysts Forecast Growth

A number of research firms have commented on EXLS. TD Cowen reissued a "buy" rating and issued a $45.00 target price (up from $43.00) on shares of ExlService in a report on Thursday, August 27th. Needham & Company LLC upped their price target on ExlService from $40.00 to $45.00 and gave the company a "buy" rating in a report on Wednesday, July 29th. Wall Street Zen raised ExlService from a "hold" rating to a "buy" rating in a research report on Saturday, September 26th. Robert W. Baird set a $45.00 price objective on ExlService and gave the stock an "outperform" rating in a report on Thursday, July 30th. Finally, Weiss Ratings raised ExlService from a "hold (c-)" rating to a "hold (c)" rating in a research report on Wednesday, September 2nd. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, ExlService presently has an average rating of "Moderate Buy" and an average target price of $44.50.

Insider Buying and Selling

In other ExlService news, insider Vikas Bhalla sold 11,000 shares of the stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $35.38, for a total value of $389,180.00. Following the transaction, the insider directly owned 109,295 shares in the company, valued at approximately $3,866,857.10. This trade represents a 9.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.66% of the company's stock.

ExlService Company Profile

ExlService Holdings, Inc NASDAQ: EXLS, commonly known as EXL, is a data analytics and digital operations company that helps organizations use data, artificial intelligence and technology to improve business performance. The company combines analytics, digital transformation and business process expertise to support decision-making, streamline operations and manage complex workflows.

EXL provides services and technology solutions across areas including insurance, healthcare, banking and capital markets, retail and consumer goods, utilities, media, travel and transportation.

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