Jump Financial LLC Has $5.49 Million Stake in ExlService Holdings, Inc. $EXLS

Key Points

• Jump Financial LLC increased its stake in ExlService Holdings, Inc. by 550.9%, owning approximately $5.49 million in stocks after acquiring an additional 98,459 shares in the first quarter.
• ExlService received upgrades from analysts, including a rating increase to "buy" from Wall Street Zen and a price target of $55.00 from Needham & Company, contributing to a consensus rating of "Moderate Buy".
• The company reported a 14.7% increase in revenue year-over-year for the last quarter, with earnings per share of $0.49, surpassing estimates.

Jump Financial LLC lifted its stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) by 550.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 116,332 shares of the business services provider's stock after acquiring an additional 98,459 shares during the quarter. Jump Financial LLC owned about 0.07% of ExlService worth $5,492,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in EXLS. Whittier Trust Co. acquired a new position in shares of ExlService during the first quarter valued at approximately $45,000. Morse Asset Management Inc acquired a new position in shares of ExlService during the fourth quarter valued at approximately $49,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of ExlService during the first quarter valued at approximately $77,000. Johnson Financial Group Inc. acquired a new position in shares of ExlService during the fourth quarter valued at approximately $85,000. Finally, Caitong International Asset Management Co. Ltd increased its stake in shares of ExlService by 25.7% during the first quarter. Caitong International Asset Management Co. Ltd now owns 1,803 shares of the business services provider's stock valued at $85,000 after acquiring an additional 369 shares during the period. Institutional investors and hedge funds own 92.92% of the company's stock.

ExlService Price Performance

ExlService stock traded up $0.19 during mid-day trading on Friday, hitting $43.78. The company's stock had a trading volume of 1,028,507 shares, compared to its average volume of 1,338,740. The company has a quick ratio of 3.15, a current ratio of 3.15 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $7.07 billion, a P/E ratio of 30.40, a P/E/G ratio of 1.93 and a beta of 0.81. ExlService Holdings, Inc. has a twelve month low of $35.16 and a twelve month high of $52.43. The stock's fifty day moving average price is $43.32 and its two-hundred day moving average price is $45.40.

ExlService (NASDAQ:EXLS - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The business services provider reported $0.49 EPS for the quarter, topping analysts' consensus estimates of $0.45 by $0.04. ExlService had a net margin of 12.00% and a return on equity of 25.38%. The firm had revenue of $514.46 million during the quarter, compared to analyst estimates of $504.87 million. During the same quarter last year, the business posted $0.40 EPS. The company's revenue was up 14.7% on a year-over-year basis. ExlService has set its FY 2025 guidance at 1.860-1.900 EPS. Research analysts forecast that ExlService Holdings, Inc. will post 1.27 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently commented on EXLS. Wall Street Zen upgraded shares of ExlService from a "hold" rating to a "buy" rating in a research note on Friday, May 9th. JPMorgan Chase & Co. lowered their price objective on shares of ExlService from $56.00 to $52.00 and set an "overweight" rating on the stock in a research note on Wednesday, August 20th. Finally, Needham & Company LLC restated a "buy" rating and issued a $55.00 price target on shares of ExlService in a research report on Tuesday, June 3rd. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $51.33.

About ExlService

ExlService Holdings, Inc operates as a data analytics, and digital operations and solutions company in the United States and internationally. The company operates through Insurance, Healthcare, Analytics, and Emerging Business segments. It also provides digital operations and solutions and analytics-driven services, such as claims processing, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business acquisition, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer service using digital technology, artificial intelligence, machine learning, and advanced automation; digital customer acquisition services using a software-as-a-service delivery model through LifePRO and LISS platforms; subrogation services; and Subrosource software platform, an end-to-end subrogation platform.