Freestone Grove Partners LP Buys Shares of 51,843 ExlService Holdings, Inc. $EXLS

Key Points

• Freestone Grove Partners purchased 51,843 ExlService shares worth approximately $1.34 million, while institutional investors and hedge funds collectively own 92.92% of the company.
• ExlService exceeded quarterly expectations, reporting $0.59 EPS versus the $0.55 consensus and $594.76 million in revenue, up 15.6% year over year. The company issued fiscal 2026 EPS guidance of $2.25–$2.29.
• Analysts remain broadly bullish, with six Buy ratings and one Hold rating; the stock has a “Moderate Buy” consensus and an average price target of $44.50. Insider Vikas Bhalla separately sold 12,000 shares under a pre-arranged trading plan.

Freestone Grove Partners LP purchased a new stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 51,843 shares of the business services provider's stock, valued at approximately $1,341,000.

Other hedge funds have also modified their holdings of the company. Fox Run Management L.L.C. purchased a new position in ExlService in the fourth quarter valued at about $1,455,000. UBS Group AG raised its stake in shares of ExlService by 103.6% during the 4th quarter. UBS Group AG now owns 1,091,714 shares of the business services provider's stock worth $46,332,000 after purchasing an additional 555,382 shares in the last quarter. Counterpoint Mutual Funds LLC purchased a new stake in shares of ExlService during the 1st quarter worth about $4,767,000. Rothschild Investment LLC lifted its holdings in shares of ExlService by 2,883.0% during the 4th quarter. Rothschild Investment LLC now owns 65,894 shares of the business services provider's stock valued at $2,797,000 after buying an additional 63,685 shares during the last quarter. Finally, OP Asset Management Ltd acquired a new stake in shares of ExlService during the 1st quarter valued at about $3,412,000. 92.92% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, insider Vikas Bhalla sold 12,000 shares of ExlService stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $30.22, for a total value of $362,640.00. Following the transaction, the insider owned 153,295 shares of the company's stock, valued at $4,632,574.90. This trade represents a 7.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed 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 company insiders.

ExlService Stock Performance

Shares of NASDAQ EXLS opened at $38.40 on Friday. The firm has a market cap of $5.82 billion, a price-to-earnings ratio of 24.15, a P/E/G ratio of 1.54 and a beta of 0.80. The business's 50-day simple moving average is $31.13 and its 200-day simple moving average is $30.46. ExlService Holdings, Inc. has a 52 week low of $24.85 and a 52 week high of $45.08.

ExlService (NASDAQ:EXLS - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The business services provider reported $0.59 earnings per share 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 for the quarter, compared to the consensus estimate of $573.94 million. During the same period last year, the business earned $0.49 EPS. The firm's 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. As a group, equities research analysts forecast that ExlService Holdings, Inc. will post 1.82 earnings per share for the current year.

Wall Street Analysts Forecast Growth

EXLS has been the topic of a number of research reports. Robert W. Baird set a $45.00 price objective on ExlService and gave the stock an "outperform" rating in a report on Thursday, July 30th. Weiss Ratings raised shares of ExlService from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Wednesday, August 19th. Needham & Company LLC increased their price target on shares of ExlService from $40.00 to $45.00 and gave the stock a "buy" rating in a research note on Wednesday, July 29th. Barrington Research set a $43.00 price target on shares of ExlService in a report on Thursday, July 30th. Finally, 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. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, ExlService has an average rating of "Moderate Buy" and an average target price of $44.50.

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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