13,210 Shares in ExlService Holdings, Inc. $EXLS Bought by Dynamic Technology Lab Private Ltd

Key Points

• Dynamic Technology Lab Private Ltd has acquired a new position in ExlService Holdings, purchasing 13,210 shares valued at approximately $624,000.
• ExlService reported a 14.7% increase in revenue year-over-year, with quarterly earnings of $0.49 per share, surpassing analysts' estimates.
• Analysts maintain a consensus rating of "Moderate Buy" for ExlService, with an average target price of $51.33.

Dynamic Technology Lab Private Ltd purchased a new position in ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 13,210 shares of the business services provider's stock, valued at approximately $624,000.

Several other institutional investors have also modified their holdings of EXLS. Ameriprise Financial Inc. raised its stake in ExlService by 17.4% during the fourth quarter. Ameriprise Financial Inc. now owns 390,158 shares of the business services provider's stock valued at $17,315,000 after buying an additional 57,706 shares in the last quarter. Bank of America Corp DE boosted its stake in ExlService by 13.1% during the 4th quarter. Bank of America Corp DE now owns 1,084,413 shares of the business services provider's stock valued at $48,126,000 after purchasing an additional 125,755 shares in the last quarter. Captrust Financial Advisors bought a new position in ExlService during the 4th quarter valued at $234,000. Cetera Investment Advisers boosted its stake in ExlService by 5.0% during the 4th quarter. Cetera Investment Advisers now owns 19,943 shares of the business services provider's stock valued at $885,000 after purchasing an additional 958 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new stake in shares of ExlService during the 4th quarter valued at $99,000. Institutional investors and hedge funds own 92.92% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on EXLS shares. Needham & Company LLC reiterated a "buy" rating and set a $55.00 price objective on shares of ExlService in a research report on Tuesday, June 3rd. JPMorgan Chase & Co. reduced their target price on ExlService from $56.00 to $52.00 and set an "overweight" rating for the company in a report on Wednesday, August 20th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, ExlService has an average rating of "Moderate Buy" and a consensus price target of $51.33.

ExlService Stock Performance

Shares of NASDAQ:EXLS traded down $0.40 during trading on Monday, hitting $43.19. 177,158 shares of the stock traded hands, compared to its average volume of 1,591,946. The company has a quick ratio of 3.15, a current ratio of 3.15 and a debt-to-equity ratio of 0.24. The company has a market cap of $6.98 billion, a price-to-earnings ratio of 30.03, a P/E/G ratio of 1.92 and a beta of 0.85. The company has a fifty day moving average price of $43.23 and a two-hundred day moving average price of $44.95. ExlService Holdings, Inc. has a 52-week low of $35.76 and a 52-week high of $52.43.

ExlService (NASDAQ:EXLS - Get Free Report) last posted its earnings results on Tuesday, July 29th. The business services provider reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.04. The firm had revenue of $514.46 million during the quarter, compared to analyst estimates of $504.87 million. ExlService had a net margin of 12.00% and a return on equity of 25.38%. The business's quarterly revenue was up 14.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.40 EPS. ExlService has set its FY 2025 guidance at 1.860-1.900 EPS. As a group, equities analysts predict that ExlService Holdings, Inc. will post 1.27 EPS for the current year.

Insider Buying and Selling

In related news, insider Vikas Bhalla sold 8,000 shares of the business's stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $43.76, for a total value of $350,080.00. Following the completion of the sale, the insider owned 127,046 shares of the company's stock, valued at approximately $5,559,532.96. The trade was a 5.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 4.04% of the company's stock.

ExlService Company Profile

ExlService Holdings, Inc operates as a data analytics, and digital operations and solutions company in the United States and internationally. The company operates through Insurance, Healthcare, Analytics, and Emerging Business segments. It also provides digital operations and solutions and analytics-driven services, such as claims processing, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business acquisition, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer service using digital technology, artificial intelligence, machine learning, and advanced automation; digital customer acquisition services using a software-as-a-service delivery model through LifePRO and LISS platforms; subrogation services; and Subrosource software platform, an end-to-end subrogation platform.