Diversify Advisory Services LLC Makes New Investment in ExlService Holdings, Inc. $EXLS

Key Points

• Diversify Advisory Services initiated a position in ExlService Holdings, purchasing 42,412 shares valued at approximately $1.21 million. Institutional investors collectively own 92.92% of the company.
• Analyst sentiment remains broadly positive, with six Buy ratings and one Sell rating, producing a “Moderate Buy” consensus and an average price target of $43.50.
• ExlService exceeded quarterly expectations, reporting $0.59 in EPS versus $0.55 forecast and $594.76 million in revenue, up 15.6% year over year. Shares opened at $37.02, up 4.4%.

Diversify Advisory Services LLC purchased a new position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 42,412 shares of the business services provider's stock, valued at approximately $1,211,000.

Other institutional investors have also recently made changes to their positions in the company. Empowered Funds LLC raised its holdings in shares of ExlService by 277.7% in the first quarter. Empowered Funds LLC now owns 17,384 shares of the business services provider's stock valued at $821,000 after acquiring an additional 12,781 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of ExlService by 4.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 497,474 shares of the business services provider's stock valued at $23,486,000 after purchasing an additional 19,769 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of ExlService in the 1st quarter valued at about $10,084,000. EverSource Wealth Advisors LLC lifted its position in shares of ExlService by 575.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,883 shares of the business services provider's stock worth $126,000 after purchasing an additional 2,456 shares during the period. Finally, Marshall Wace LLP purchased a new stake in shares of ExlService in the 2nd quarter worth approximately $1,704,000. Hedge funds and other institutional investors own 92.92% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on EXLS. Barrington Research set a $43.00 price objective on shares of ExlService in a report on Thursday, July 30th. JPMorgan Chase & Co. upped their target price on ExlService from $42.00 to $43.00 and gave the stock an "overweight" rating in a report on Thursday, April 30th. Needham & Company LLC increased their target price on ExlService from $40.00 to $45.00 and gave the company a "buy" rating in a research report on Wednesday, July 29th. Weiss Ratings downgraded ExlService from a "hold (c-)" rating to a "sell (d+)" rating in a report on Tuesday, June 30th. Finally, Robert W. Baird set a $45.00 price target on ExlService and gave the stock an "outperform" rating in a research report on Thursday, July 30th. Six research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, ExlService currently has an average rating of "Moderate Buy" and an average target price of $43.50.

ExlService Trading Up 4.4%

Shares of EXLS stock opened at $37.02 on Thursday. The business's fifty day simple moving average is $29.74 and its 200-day simple moving average is $30.27. The company has a market cap of $5.61 billion, a PE ratio of 23.28, a PEG ratio of 1.43 and a beta of 0.80. ExlService Holdings, Inc. has a 12-month low of $24.85 and a 12-month high of $45.08.

ExlService (NASDAQ:EXLS - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The business services provider reported $0.59 earnings per share for the quarter, topping 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 firm had revenue of $594.76 million during the quarter, compared to analysts' expectations of $573.94 million. During the same quarter last year, the firm earned $0.49 EPS. The business's quarterly revenue was up 15.6% on a year-over-year basis. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. On average, equities analysts forecast that ExlService Holdings, Inc. will post 1.82 earnings per share for the current year.

Insider Buying and Selling

In other ExlService news, insider Vikas Bhalla sold 11,000 shares of the firm's stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $34.99, for a total value of $384,890.00. Following the completion of the sale, the insider owned 130,295 shares of the company's stock, valued at approximately $4,559,022.05. This trade represents a 7.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 3.66% of the company's stock.

ExlService Company 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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