Deutsche Bank AG Takes Position in ExlService Holdings, Inc. $EXLS

Deutsche Bank AG bought a new position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 748,471 shares of the business services provider's stock, valued at approximately $19,355,000. Deutsche Bank AG owned 0.49% of ExlService at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Fox Run Management L.L.C. bought a new position in ExlService during the fourth quarter worth about $1,455,000. UBS Group AG boosted its holdings in ExlService by 103.6% in the 4th quarter. UBS Group AG now owns 1,091,714 shares of the business services provider's stock valued at $46,332,000 after purchasing an additional 555,382 shares during the period. M&T Bank Corp grew its position in shares of ExlService by 869.3% during the 4th quarter. M&T Bank Corp now owns 45,100 shares of the business services provider's stock worth $1,874,000 after purchasing an additional 40,447 shares in the last quarter. Counterpoint Mutual Funds LLC bought a new position in shares of ExlService during the first quarter worth approximately $4,767,000. Finally, Rothschild Investment LLC increased its holdings in shares of ExlService by 2,883.0% during the fourth quarter. Rothschild Investment LLC now owns 65,894 shares of the business services provider's stock worth $2,797,000 after purchasing an additional 63,685 shares during the period. 92.92% of the stock is owned by institutional investors and hedge funds.

ExlService Stock Performance

Shares of EXLS opened at $37.53 on Friday. ExlService Holdings, Inc. has a 52-week low of $24.85 and a 52-week high of $45.08. The firm has a market cap of $5.69 billion, a price-to-earnings ratio of 23.60, a PEG ratio of 1.51 and a beta of 0.80. The business's fifty day moving average is $30.08 and its 200-day moving average is $30.31.

ExlService (NASDAQ:EXLS - Get Free Report) last announced 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 business had revenue of $594.76 million during 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%.ExlService's revenue for the quarter was up 15.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.49 EPS. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. As a group, research analysts forecast that ExlService Holdings, Inc. will post 1.82 EPS for the current fiscal year.

Insider Transactions at ExlService

In related news, insider Vikas Bhalla sold 12,000 shares of the firm's stock in a transaction that occurred on 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts recently issued reports on EXLS shares. Robert W. Baird set a $45.00 price target on ExlService and gave the company an "outperform" rating in a research note on Thursday, July 30th. TD Cowen restated a "buy" rating and set a $39.00 price objective (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 ExlService in a report on Thursday, July 30th. Weiss Ratings upgraded ExlService from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. boosted their price target on ExlService from $42.00 to $43.00 and gave the company an "overweight" rating in a research note on Thursday, April 30th. Six 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, ExlService presently has a consensus rating of "Moderate Buy" and a consensus target price of $43.50.

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.

Want to see what other hedge funds are holding EXLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source