ExlService Holdings, Inc. $EXLS Stock Sold by Crossmark Global Holdings Inc.

Key Points

• Crossmark Global Holdings reduced its ExlService stake by 15.8% in the third quarter, selling 34,163 shares and retaining 182,566 shares valued at approximately $6.3 million. Institutional investors and hedge funds collectively own 92.92% of the company.
• ExlService reported quarterly EPS of $0.59, beating estimates of $0.55, while revenue rose 15.6% year over year to $594.76 million. The company issued fiscal 2026 EPS guidance of $2.25 to $2.29.
• Analysts remain broadly positive, with six Buy ratings and one Hold rating, producing a “Moderate Buy” consensus and an average price target of $44.50. EXLS shares opened at $42.30, near their 12-month high of $43.88.

Crossmark Global Holdings Inc. reduced its holdings in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) by 15.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 182,566 shares of the business services provider's stock after selling 34,163 shares during the quarter. Crossmark Global Holdings Inc. owned 0.12% of ExlService worth $6,277,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. GK Wealth Management LLC acquired a new position in ExlService during the 3rd quarter worth approximately $58,000. Transamerica Financial Advisors LLC bought a new stake in shares of ExlService during the second quarter worth $60,000. Westpac Banking Corp acquired a new position in shares of ExlService during the first quarter worth $71,000. Flputnam Investment Management Co. acquired a new position in shares of ExlService during the second quarter worth $71,000. Finally, Farther Finance Advisors LLC boosted its stake in shares of ExlService by 100.3% during the third quarter. Farther Finance Advisors LLC now owns 2,107 shares of the business services provider's stock valued at $72,000 after purchasing an additional 1,055 shares in the last quarter. 92.92% of the stock is owned by institutional investors and hedge funds.

ExlService Trading Down 1.4%

Shares of EXLS stock opened at $42.30 on Friday. ExlService Holdings, Inc. has a 12 month low of $24.85 and a 12 month high of $43.88. The stock has a market cap of $6.41 billion, a PE ratio of 25.09, a price-to-earnings-growth ratio of 1.72 and a beta of 0.84. The company's fifty day moving average price is $36.83 and its 200-day moving average price is $32.19.

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 (EPS) 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 business had revenue of $594.76 million during the quarter, compared to analysts' expectations of $573.94 million. During the same quarter in the previous year, the business earned $0.49 earnings per share. The firm's quarterly revenue was up 15.6% compared to the same quarter last year. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. On average, sell-side analysts forecast that ExlService Holdings, Inc. will post 1.82 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on EXLS shares. 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 company an "outperform" rating in a research note on Thursday, July 30th. Weiss Ratings upgraded shares of ExlService from a "hold (c-)" rating to a "hold (c)" rating in a report on Wednesday, September 2nd. Wall Street Zen raised shares of ExlService from a "hold" rating to a "buy" rating in a research report on Saturday, September 26th. Finally, Needham & Company LLC raised their target price on ExlService from $40.00 to $45.00 and gave the company a "buy" rating in a research note on Wednesday, July 29th. Six equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $44.50.

Insider Buying and Selling

In related news, insider Vikas Bhalla sold 11,000 shares of the stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $35.38, for a total value of $389,180.00. Following the completion of the transaction, the insider owned 109,295 shares of the company's stock, valued at approximately $3,866,857.10. This trade represents a 9.14% 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. 3.66% of the stock is currently owned by insiders.

ExlService Profile

ExlService Holdings, Inc, operating under the EXL brand, is a data analytics and digital operations company that helps businesses use data, technology and artificial intelligence to improve decision-making, manage risk and enhance operational performance. Its services include data management, advanced analytics, business process solutions, automation and technology-enabled transformation.

EXL serves clients across industries including insurance, healthcare, banking and capital markets, utilities, travel and transportation, retail, media and manufacturing.

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