Foyston Gordon & Payne Inc Purchases New Holdings in ExlService Holdings, Inc. $EXLS

Key Points

• Foyston Gordon & Payne acquired 142,215 ExlService shares worth approximately $3.7 million, while institutional investors collectively own 92.92% of the company.
• Analysts maintain a positive outlook, with six Buy ratings and one Hold rating producing a consensus “Moderate Buy” rating and an average price target of $43.50.
• ExlService exceeded quarterly expectations with earnings of $0.59 per share and revenue of $594.76 million, up 15.6% year over year; shares opened at $37.53.

Foyston Gordon & Payne Inc acquired a new stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 142,215 shares of the business services provider's stock, valued at approximately $3,737,000. Foyston Gordon & Payne Inc owned approximately 0.09% of ExlService as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of EXLS. BlackRock Inc. purchased a new position in shares of ExlService during the 2nd quarter valued at approximately $488,370,000. JPMorgan Chase & Co. increased its stake in shares of ExlService by 9.5% in the fourth quarter. JPMorgan Chase & Co. now owns 5,927,793 shares of the business services provider's stock worth $251,576,000 after buying an additional 514,911 shares during the last quarter. AQR Capital Management LLC raised its holdings in ExlService by 109.7% in the fourth quarter. AQR Capital Management LLC now owns 4,118,625 shares of the business services provider's stock valued at $174,794,000 after acquiring an additional 2,154,652 shares in the last quarter. Handelsbanken Fonder AB raised its holdings in ExlService by 10.7% in the fourth quarter. Handelsbanken Fonder AB now owns 3,781,036 shares of the business services provider's stock valued at $160,467,000 after acquiring an additional 364,146 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in ExlService by 1.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,902,412 shares of the business services provider's stock valued at $123,181,000 after acquiring an additional 32,734 shares during the last quarter. 92.92% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. JPMorgan Chase & Co. raised their price objective on shares of ExlService from $42.00 to $43.00 and gave the stock an "overweight" rating in a report on Thursday, April 30th. Robert W. Baird set a $45.00 price target on shares of ExlService and gave the stock an "outperform" rating in a research report on Thursday, July 30th. Weiss Ratings upgraded ExlService from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Wednesday. Barrington Research set a $43.00 price objective on ExlService in a report on Thursday, July 30th. Finally, Needham & Company LLC increased their target price on ExlService from $40.00 to $45.00 and gave the stock a "buy" rating in a report on Wednesday, July 29th. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $43.50.

Insider Transactions at ExlService

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

ExlService Stock Up 1.3%

Shares of NASDAQ EXLS opened at $37.53 on Friday. The firm's 50-day moving average price is $30.08 and its two-hundred day moving average price is $30.31. ExlService Holdings, Inc. has a 52-week low of $24.85 and a 52-week high of $45.08. The stock has a market capitalization of $5.69 billion, a P/E ratio of 23.60, a P/E/G ratio of 1.51 and a beta of 0.80.

ExlService (NASDAQ:EXLS - Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The business services provider reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $573.94 million. During the same quarter last year, the business posted $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. As a group, equities research analysts expect that ExlService Holdings, Inc. will post 1.82 earnings per share for the current year.

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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