Algert Global LLC Has $13.52 Million Holdings in ExlService Holdings, Inc. $EXLS

Key Points

• Algert Global reduced its ExlService stake by 28.4% in the second quarter, selling 207,162 shares and retaining 522,761 shares valued at approximately $13.52 million. Institutional investors collectively own 92.92% of EXLS.
• ExlService reported quarterly EPS of $0.59, beating estimates by $0.04, while revenue reached $594.76 million, up 15.6% year over year and above analyst expectations.
• Analysts maintain a favorable outlook, with six Buy ratings and one Hold, resulting in a consensus “Moderate Buy” rating and an average price target of $43.50.

Algert Global LLC reduced its stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) by 28.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 522,761 shares of the business services provider's stock after selling 207,162 shares during the quarter. Algert Global LLC owned 0.34% of ExlService worth $13,519,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of EXLS. BlackRock Inc. acquired a new stake in shares of ExlService during the second quarter worth about $488,370,000. AQR Capital Management LLC lifted its position in shares of ExlService by 109.7% in 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 in the last quarter. Amundi bought a new stake in ExlService during the 3rd quarter worth about $67,862,000. Jane Street Group LLC boosted its position in ExlService by 534.2% during the second 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. Finally, Bank of New York Mellon Corp acquired a new stake in shares of ExlService in the 2nd quarter valued at approximately $25,214,000. Institutional investors own 92.92% of the company's stock.

ExlService Price Performance

NASDAQ:EXLS opened at $37.45 on Wednesday. The company has a market cap of $5.68 billion, a PE ratio of 23.55, a PEG ratio of 1.51 and a beta of 0.80. ExlService Holdings, Inc. has a one year low of $24.85 and a one year high of $45.08. The firm has a 50-day moving average of $30.44 and a 200-day moving average of $30.31.

ExlService (NASDAQ:EXLS - Get Free Report) last announced its earnings results on Tuesday, July 28th. The business services provider reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.04. The firm had revenue of $594.76 million during the quarter, compared to analyst estimates 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 firm posted $0.49 EPS. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. On average, equities research analysts expect that ExlService Holdings, Inc. will post 1.82 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently issued reports on EXLS. TD Cowen reiterated a "buy" rating and issued a $39.00 target price (down from $45.00) on shares of ExlService in a research note on Thursday, July 9th. Barrington Research set a $43.00 price objective on shares of ExlService in a research note on Thursday, July 30th. Robert W. Baird set a $45.00 target price on ExlService and gave the stock an "outperform" rating in a report on Thursday, July 30th. Weiss Ratings upgraded shares of ExlService from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Wednesday, August 19th. Finally, JPMorgan Chase & Co. boosted their target price on ExlService from $42.00 to $43.00 and gave the stock an "overweight" rating in a research note on Thursday, April 30th. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, ExlService presently has a consensus rating of "Moderate Buy" and an average target price of $43.50.

Insider Activity at ExlService

In other news, insider Vikas Bhalla sold 12,000 shares of ExlService stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $30.22, for a total value of $362,640.00. Following the completion of the transaction, the insider owned 153,295 shares in the company, valued at $4,632,574.90. This trade represents 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 corporate insiders.

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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