Healthcare of Ontario Pension Plan Trust Fund Buys 86,494 Shares of ExlService Holdings, Inc. $EXLS

Healthcare of Ontario Pension Plan Trust Fund boosted its stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) by 63.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 221,870 shares of the business services provider's stock after buying an additional 86,494 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund owned approximately 0.15% of ExlService worth $6,756,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in EXLS. Transamerica Financial Advisors LLC raised its position in shares of ExlService by 285.2% during the fourth quarter. Transamerica Financial Advisors LLC now owns 678 shares of the business services provider's stock worth $29,000 after acquiring an additional 502 shares during the last quarter. Private Trust Co. NA boosted its holdings in ExlService by 56.2% in the fourth quarter. Private Trust Co. NA now owns 717 shares of the business services provider's stock valued at $30,000 after acquiring an additional 258 shares during the last quarter. V Square Quantitative Management LLC bought a new stake in ExlService in the fourth quarter valued at approximately $33,000. Hantz Financial Services Inc. increased its position in ExlService by 183.1% during the 4th quarter. Hantz Financial Services Inc. now owns 1,353 shares of the business services provider's stock valued at $57,000 after purchasing an additional 875 shares during the period. Finally, Leonteq Securities AG acquired a new stake in ExlService during the 4th quarter valued at approximately $59,000. Institutional investors own 92.92% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Barrington Research reissued an "outperform" rating and set a $40.00 target price on shares of ExlService in a research note on Thursday, June 25th. Weiss Ratings downgraded ExlService from a "hold (c-)" rating to a "sell (d+)" rating in a report on Tuesday, June 30th. TD Cowen reissued a "buy" rating and issued a $39.00 price objective (down from $45.00) on shares of ExlService in a research report on Thursday, July 9th. Needham & Company LLC boosted their price objective on ExlService from $40.00 to $45.00 and gave the company a "buy" rating in a research note on Wednesday. Finally, JPMorgan Chase & Co. raised their target price on ExlService from $42.00 to $43.00 and gave the stock an "overweight" rating in a research note on Thursday, April 30th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $41.33.

Trending Headlines about ExlService

Here are the key news stories impacting ExlService this week:

• Positive Sentiment: Q2 results beat expectations: ExlService reported adjusted earnings of $0.59 per share, above the $0.55 consensus estimate, while revenue reached $594.8 million versus expectations of $573.9 million. Revenue increased 15.6% year over year, and EPS rose from $0.49 in the prior-year quarter. ExlService Q2 earnings report
• Positive Sentiment: Full-year guidance was raised: Management now expects fiscal 2026 EPS of $2.25-$2.29, above the $2.15 analyst consensus, and revenue of approximately $2.4 billion versus expectations of roughly $2.3 billion. The improved outlook reinforces the company’s growth momentum. EXL Reports 2026 Second Quarter Results
• Positive Sentiment: Analyst confidence increased: Needham raised its price target from $40 to $45 and upgraded its rating to “Buy,” implying approximately 25% upside from the referenced price. Benzinga analyst update
• Positive Sentiment: Recent coverage highlighted ExlService’s earnings growth, revenue expansion, and other characteristics that could support continued market outperformance. Zacks growth stock analysis
• Neutral Sentiment: ExlService’s management discussed the quarterly performance and outlook on its Q2 earnings call, giving investors additional detail on the company’s strategy and guidance. ExlService Q2 earnings call transcript
• Negative Sentiment: A broader market sell-off, driven by a sharp oil-price spike, U.S.-Iran tensions, and uncertainty ahead of the Federal Reserve’s decision, created a headwind for equities. This appears to be a market-wide risk rather than an ExlService-specific issue. Market sell-off report

Insider Activity at ExlService

In related news, EVP Ajay Ayyappan sold 5,093 shares of ExlService stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $29.11, for a total value of $148,257.23. Following the completion of the sale, the executive vice president owned 48,994 shares of the company's stock, valued at approximately $1,426,215.34. This trade represents a 9.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vikas Bhalla sold 12,000 shares of the business's stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $30.22, for a total transaction of $362,640.00. Following the sale, 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 position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.66% of the company's stock.

ExlService Stock Performance

Shares of EXLS opened at $35.99 on Thursday. ExlService Holdings, Inc. has a one year low of $24.85 and a one year high of $47.11. The company has a market cap of $5.50 billion, a PE ratio of 22.64, a P/E/G ratio of 1.29 and a beta of 0.84. The stock has a 50-day moving average of $28.13 and a 200-day moving average of $31.02. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 2.66.

ExlService (NASDAQ:EXLS - Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The business services provider reported $0.58 earnings per share for the quarter, topping analysts' consensus estimates of $0.53 by $0.05. ExlService had a return on equity of 30.48% and a net margin of 11.17%.The business had revenue of $570.35 million for the quarter, compared to the consensus estimate of $557.67 million. During the same period in the prior year, the business earned $0.48 EPS. The firm's revenue for the quarter was up 13.8% on a year-over-year basis. On average, equities research analysts predict that ExlService Holdings, Inc. will post 1.8 EPS for the current fiscal 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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