First National Bank of Omaha Makes New Investment in ExlService Holdings, Inc. $EXLS

Key Points

• Institutional ownership increased: First National Bank of Omaha purchased 69,189 ExlService shares worth approximately $1.79 million, while several other institutions—including BlackRock—also opened positions. Institutions now own 92.92% of EXLS shares.
• Analyst sentiment remains broadly positive: Six analysts rate the stock Buy and one rates it Sell, producing a consensus “Moderate Buy” rating and an average price target of $43.50.
• ExlService exceeded quarterly expectations: The company reported $0.59 in EPS versus the $0.55 consensus estimate and revenue of $594.76 million, up 15.6% year over year. An insider separately sold 11,000 shares under a pre-arranged Rule 10b5-1 plan.

First National Bank of Omaha purchased a new stake in ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 69,189 shares of the business services provider's stock, valued at approximately $1,789,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of EXLS. Citizens Financial Group Inc. RI acquired a new stake in shares of ExlService in the second quarter worth approximately $230,000. UNIVEST FINANCIAL Corp acquired a new position in ExlService in the 2nd quarter valued at $4,333,000. BlackRock Inc. acquired a new position in ExlService in the 2nd quarter valued at $488,370,000. Deutsche Bank AG purchased a new position in shares of ExlService in the second quarter worth about $19,355,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in ExlService in the 2nd quarter worth approximately $2,508,000. 92.92% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently weighed in on EXLS. Robert W. Baird set a $45.00 price target on shares of ExlService and gave the company an "outperform" rating in a research report on Thursday, July 30th. Barrington Research set a $43.00 price objective on ExlService in a report on Thursday, July 30th. TD Cowen reiterated a "buy" rating and set a $39.00 target price (down from $45.00) on shares of ExlService in a report on Thursday, July 9th. Weiss Ratings cut ExlService from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Tuesday, June 30th. Finally, Needham & Company LLC increased their price objective 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. Six analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $43.50.

ExlService Price Performance

Shares of NASDAQ:EXLS opened at $37.02 on Thursday. The company's fifty day moving average price is $29.74 and its 200 day moving average price is $30.27. ExlService Holdings, Inc. has a 12 month low of $24.85 and a 12 month high of $45.08. The firm has a market capitalization of $5.61 billion, a P/E ratio of 23.28, a P/E/G ratio of 1.43 and a beta of 0.80.

ExlService (NASDAQ:EXLS - Get Free Report) last announced its earnings results 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 firm had revenue of $594.76 million during the quarter, compared to analysts' expectations of $573.94 million. During the same period in the prior year, the firm earned $0.49 EPS. The business's 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, sell-side analysts anticipate that ExlService Holdings, Inc. will post 1.82 EPS for the current year.

Insider Activity at ExlService

In other news, insider Vikas Bhalla sold 11,000 shares of the company's stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $34.99, for a total value of $384,890.00. Following the completion of the sale, the insider directly owned 130,295 shares of the company's stock, valued at approximately $4,559,022.05. This represents a 7.79% decrease in their ownership of the stock. The sale was disclosed in a 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. Insiders own 3.66% of the company's stock.

About ExlService

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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