Corient Private Wealth LP Makes New Investment in ExlService Holdings, Inc. $EXLS

Key Points

• Corient Private Wealth LP acquired 106,667 ExlService shares worth approximately $2.76 million in the second quarter, while institutional investors collectively own 92.92% of the company.
• ExlService exceeded quarterly expectations with EPS of $0.59 versus $0.55 estimated and revenue of $594.76 million, up 15.6% year over year.
• 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.

Corient Private Wealth LP bought a new position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 106,667 shares of the business services provider's stock, valued at approximately $2,758,000. Corient Private Wealth LP owned 0.07% of ExlService at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Fifth Third Bancorp increased its holdings in ExlService by 15.0% during the 4th quarter. Fifth Third Bancorp now owns 1,982 shares of the business services provider's stock valued at $84,000 after acquiring an additional 259 shares in the last quarter. Composition Wealth LLC lifted its stake in shares of ExlService by 1.6% during the 4th quarter. Composition Wealth LLC now owns 20,230 shares of the business services provider's stock worth $859,000 after purchasing an additional 314 shares during the period. Public Employees Retirement System of Ohio boosted its stake in ExlService by 0.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 54,274 shares of the business services provider's stock worth $2,390,000 after buying an additional 318 shares during the last quarter. Private Advisor Group LLC boosted its position in shares of ExlService by 6.3% in the third quarter. Private Advisor Group LLC now owns 6,038 shares of the business services provider's stock worth $266,000 after acquiring an additional 358 shares during the last quarter. Finally, Diversified Trust Co grew its stake in shares of ExlService by 5.2% during the 1st quarter. Diversified Trust Co now owns 7,441 shares of the business services provider's stock valued at $227,000 after buying an additional 371 shares during the period. Hedge funds and other institutional investors own 92.92% of the company's stock.

ExlService Trading Down 1.7%

Shares of NASDAQ:EXLS 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. ExlService Holdings, Inc. has a twelve month low of $24.85 and a twelve month high of $45.08. The company has a 50 day moving average of $31.60 and a 200-day moving average of $30.55.

ExlService (NASDAQ:EXLS - Get Free Report) last issued its quarterly 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 company had revenue of $594.76 million for the quarter, compared to analysts' expectations of $573.94 million. ExlService had a return on equity of 30.61% and a net margin of 11.17%.The firm's revenue for the quarter was up 15.6% on a year-over-year basis. During the same period last year, the firm earned $0.49 EPS. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. Equities research analysts forecast that ExlService Holdings, Inc. will post 1.82 EPS for the current year.

Wall Street Analysts Forecast Growth

EXLS has been the subject of a number of research analyst reports. Needham & Company LLC increased their target price on shares of ExlService from $40.00 to $45.00 and gave the stock a "buy" rating in a research report on Wednesday, July 29th. Barrington Research set a $43.00 target price on ExlService in a research report on Thursday, July 30th. Robert W. Baird set a $45.00 price target on shares of ExlService and gave the stock an "outperform" rating in a research report on Thursday, July 30th. Weiss Ratings raised shares of ExlService from a "sell (d+)" rating to a "hold (c-)" rating in a report on Wednesday, August 19th. Finally, TD Cowen reaffirmed a "buy" rating and set a $45.00 target price (up from $43.00) on shares of ExlService in a report on Thursday, August 27th. Six 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 currently has a consensus rating of "Moderate Buy" and a consensus price target of $44.50.

Insider Activity

In other news, insider Vikas Bhalla sold 12,000 shares of the stock in a transaction 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 sale, the insider owned 153,295 shares in the company, valued at approximately $4,632,574.90. This represents a 7.26% decrease in their position. The sale 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.

About ExlService

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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