Neumeier Poma Investment Counsel LLC Acquires Shares of 309,798 ExlService Holdings, Inc. $EXLS

Key Points

• Neumeier Poma Investment Counsel acquired 309,798 ExlService shares, representing approximately 0.20% of the company, while institutional investors collectively own 92.92% of EXLS.
• Analysts maintain a positive outlook, with six Buy ratings and one Hold rating producing a “Moderate Buy” consensus and an average price target of $43.50.
• ExlService exceeded quarterly expectations, reporting $0.59 in adjusted earnings per share and $594.76 million in revenue, up 15.6% year over year; shares recently traded at $37.53.

Neumeier Poma Investment Counsel LLC bought a new position in ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 309,798 shares of the business services provider's stock, valued at approximately $8,011,376,000. Neumeier Poma Investment Counsel LLC owned 0.20% of ExlService as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Empowered Funds LLC raised its holdings in ExlService by 277.7% in the first quarter. Empowered Funds LLC now owns 17,384 shares of the business services provider's stock worth $821,000 after purchasing an additional 12,781 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of ExlService by 4.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 497,474 shares of the business services provider's stock valued at $23,486,000 after buying an additional 19,769 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of ExlService in the 1st quarter worth approximately $10,084,000. EverSource Wealth Advisors LLC raised its stake in shares of ExlService by 575.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,883 shares of the business services provider's stock worth $126,000 after acquiring an additional 2,456 shares in the last quarter. Finally, Marshall Wace LLP purchased a new stake in ExlService during the second quarter valued at approximately $1,704,000. 92.92% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on EXLS shares. JPMorgan Chase & Co. upped their price target on ExlService from $42.00 to $43.00 and gave the stock an "overweight" rating in a research report on Thursday, April 30th. Robert W. Baird set a $45.00 price target on ExlService and gave the company an "outperform" rating in a research note on Thursday, July 30th. TD Cowen restated a "buy" rating and set a $39.00 price target (down from $45.00) on shares of ExlService in a research note on Thursday, July 9th. Barrington Research set a $43.00 price objective on shares of ExlService in a report on Thursday, July 30th. Finally, Needham & Company LLC upped their price objective on shares of ExlService from $40.00 to $45.00 and gave the company a "buy" rating in a report on Wednesday, July 29th. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $43.50.

ExlService Price Performance

Shares of EXLS stock opened at $37.53 on Monday. The business has a fifty day moving average of $30.08 and a 200 day moving average of $30.24. ExlService Holdings, Inc. has a 1 year low of $24.85 and a 1 year high of $45.08. The firm has a market capitalization of $5.69 billion, a price-to-earnings ratio of 23.60, a price-to-earnings-growth ratio of 1.51 and a beta of 0.80.

ExlService (NASDAQ:EXLS - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The business services provider reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.04. The business had revenue of $594.76 million for the quarter, compared to the consensus estimate of $573.94 million. ExlService had a return on equity of 30.61% and a net margin of 11.17%.The company's quarterly revenue was up 15.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.49 EPS. 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.

Insider Activity at ExlService

In related news, insider Vikas Bhalla sold 11,000 shares of the company's stock in a transaction that occurred 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 owned 130,295 shares in the company, valued at $4,559,022.05. This represents a 7.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is owned by company insiders.

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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