Jupiter Topco LLC Takes Position in ExlService Holdings, Inc. $EXLS

Jupiter Topco LLC bought a new stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 68,425 shares of the business services provider's stock, valued at approximately $1,769,000.

A number of other institutional investors have also recently added to or reduced their stakes in EXLS. BlackRock Inc. acquired a new position in ExlService during the second quarter worth $488,370,000. AQR Capital Management LLC grew its position in shares of 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 purchasing an additional 2,154,652 shares during the period. Amundi purchased a new stake in shares of ExlService during the third quarter worth about $67,862,000. Jane Street Group LLC raised its position in shares of ExlService by 534.2% during the 2nd quarter. Jane Street Group LLC now owns 1,354,599 shares of the business services provider's stock worth $59,318,000 after purchasing an additional 1,141,008 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in ExlService in the 2nd quarter valued at about $25,214,000. Institutional investors and hedge funds own 92.92% of the company's stock.

ExlService Price Performance

Shares of ExlService stock opened at $37.32 on Friday. The stock's 50 day simple moving average is $32.06 and its 200-day simple moving average is $30.66. The stock has a market cap of $5.66 billion, a P/E ratio of 23.47, a P/E/G ratio of 1.48 and a beta of 0.81. ExlService Holdings, Inc. has a 1-year low of $24.85 and a 1-year high of $45.08.

ExlService (NASDAQ:EXLS - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The business services provider reported $0.59 EPS for the quarter, beating 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 firm had revenue of $594.76 million during the quarter, compared to analysts' expectations of $573.94 million. During the same quarter last year, the firm earned $0.49 earnings per share. The business's revenue for the quarter 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, research analysts expect that ExlService Holdings, Inc. will post 1.82 EPS for the current fiscal year.

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 completion of the sale, the insider directly owned 130,295 shares of the company's stock, valued at $4,559,022.05. This trade represents a 7.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on EXLS shares. Robert W. Baird set a $45.00 price objective on ExlService and gave the stock an "outperform" rating in a research note on Thursday, July 30th. TD Cowen reaffirmed a "buy" rating and issued a $45.00 price target (up from $43.00) on shares of ExlService in a research note on Thursday, August 27th. Weiss Ratings raised ExlService from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Wednesday, August 19th. Barrington Research set a $43.00 price objective on ExlService in a report on Thursday, July 30th. Finally, Needham & Company LLC lifted their target price 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. Six equities 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.com, the stock has an average rating of "Moderate Buy" and an average price target 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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