Corient Private Wealth LP Sells 73,442 Shares of ExlService Holdings, Inc. $EXLS

Key Points

• Corient Private Wealth reduced its ExlService stake by 41.4%, selling 73,442 shares in the second quarter and retaining 104,152 shares worth approximately $2.7 million. Institutional investors collectively own 92.92% of EXLS.
• ExlService reported stronger-than-expected quarterly results, with EPS of $0.59 versus estimates of $0.55 and revenue of $594.76 million, up 15.6% year over year. The company issued fiscal 2026 EPS guidance of $2.25–$2.29.
• Analyst sentiment remains positive: six analysts rate the stock Buy and one rates it Hold, producing a consensus “Moderate Buy” rating and an average price target of $44.50, compared with a recent share price of $35.26.

Corient Private Wealth LP trimmed its stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) by 41.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,152 shares of the business services provider's stock after selling 73,442 shares during the quarter. Corient Private Wealth LP owned approximately 0.07% of ExlService worth $2,693,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of ExlService in the 2nd quarter valued at $488,370,000. Bank of America Corp DE bought a new stake in ExlService during the 2nd quarter worth $48,189,000. Bank of New York Mellon Corp bought a new stake in ExlService during the 2nd quarter worth $25,214,000. Deutsche Bank AG acquired a new position in ExlService in the 2nd quarter worth about $19,355,000. Finally, Bank of Nova Scotia acquired a new position in ExlService in the 2nd quarter worth about $17,821,000. Institutional investors own 92.92% of the company's stock.

ExlService Stock Up 0.3%

Shares of NASDAQ:EXLS opened at $35.26 on Tuesday. ExlService Holdings, Inc. has a twelve month low of $24.85 and a twelve month high of $44.32. The stock's 50 day moving average is $34.14 and its 200-day moving average is $31.12. The firm has a market capitalization of $5.35 billion, a price-to-earnings ratio of 22.18, a PEG ratio of 1.41 and a beta of 0.81.

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

Analyst Ratings Changes

A number of brokerages have recently issued reports on EXLS. Barrington Research set a $43.00 price objective on ExlService in a research report on Thursday, July 30th. Needham & Company LLC increased their target price on shares of ExlService from $40.00 to $45.00 and gave the company a "buy" rating in a research report on Wednesday, July 29th. TD Cowen restated a "buy" rating and set a $45.00 price target (up from $43.00) on shares of ExlService in a report on Thursday, August 27th. Robert W. Baird set a $45.00 price target on shares of ExlService and gave the stock an "outperform" rating in a report on Thursday, July 30th. Finally, Weiss Ratings raised shares of ExlService from a "hold (c-)" rating to a "hold (c)" rating in a research note on Wednesday, September 2nd. Six investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $44.50.

Insider Activity at ExlService

In other ExlService news, insider Vikas Bhalla sold 11,000 shares of the business's stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $34.99, for a total value of $384,890.00. Following the transaction, the insider owned 130,295 shares of the company's stock, valued at approximately $4,559,022.05. The trade was a 7.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.66% of the company's stock.

About ExlService

ExlService Holdings, Inc NASDAQ: EXLS, operating as EXL, is a global data analytics and digital operations company. It helps businesses use data, artificial intelligence and automation to improve decision-making, streamline processes and enhance customer experiences.

EXL provides services including advanced analytics, artificial intelligence, digital transformation, business process management, finance and accounting, customer care, claims administration, underwriting support and other industry-specific operations.

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