Quantbot Technologies LP Purchases Shares of 36,944 ExlService Holdings, Inc. $EXLS

Key Points

• Quantbot Technologies initiated a position in ExlService by purchasing 36,944 shares valued at approximately $955,000. Institutional investors and hedge funds collectively own 92.92% of the company.
• ExlService exceeded quarterly expectations, reporting $0.59 in EPS and $594.76 million in revenue, with revenue rising 15.6% year over year. The company issued fiscal 2026 EPS guidance of $2.25–$2.29.
• Analyst sentiment remains positive: six analysts rate the stock Buy and one rates it Hold, producing a Moderate Buy consensus and an average price target of $43.50, versus a reported share price of $37.50.

Quantbot Technologies LP purchased a new stake in ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 36,944 shares of the business services provider's stock, valued at approximately $955,000.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Transamerica Financial Advisors LLC grew its stake in shares of ExlService by 285.2% during the 4th 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 in the last quarter. Hantz Financial Services Inc. raised its holdings in shares of ExlService by 183.1% in the fourth 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 last quarter. Leonteq Securities AG bought a new stake in shares of ExlService in the fourth quarter worth $59,000. CIBC Private Wealth Group LLC lifted its position in shares of ExlService by 63.4% in the third quarter. CIBC Private Wealth Group LLC now owns 1,583 shares of the business services provider's stock worth $70,000 after purchasing an additional 614 shares in the last quarter. Finally, Johnson Financial Group Inc. acquired a new position in ExlService during the third quarter worth $72,000. 92.92% of the stock is owned by institutional investors and hedge funds.

ExlService Stock Performance

Shares of EXLS stock opened at $37.50 on Thursday. The company has a market capitalization of $5.69 billion, a price-to-earnings ratio of 23.58, a PEG ratio of 1.50 and a beta of 0.80. The company has a 50-day simple moving average of $30.64 and a 200 day simple moving average of $30.36. 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 announced its quarterly earnings results on Tuesday, July 28th. The business services provider reported $0.59 EPS for the quarter, beating analysts' consensus estimates of $0.55 by $0.04. The business had revenue of $594.76 million for the quarter, compared to analyst estimates of $573.94 million. ExlService had a net margin of 11.17% and a return on equity of 30.61%. ExlService's quarterly revenue was up 15.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.49 EPS. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. Sell-side analysts forecast that ExlService Holdings, Inc. will post 1.82 EPS for the current year.

Insider Activity at ExlService

In other news, insider Vikas Bhalla sold 12,000 shares of the company's stock in a transaction that occurred on Thursday, June 4th. The stock was 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 approximately $4,632,574.90. This represents a 7.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.66% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on EXLS shares. Needham & Company LLC raised their target price on shares of ExlService from $40.00 to $45.00 and gave the company a "buy" rating in a research report on Wednesday, July 29th. JPMorgan Chase & Co. increased their price objective on shares of ExlService from $42.00 to $43.00 and gave the stock an "overweight" rating in a research note on Thursday, April 30th. Barrington Research set a $43.00 price objective on ExlService in a report on Thursday, July 30th. Weiss Ratings raised ExlService from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Wednesday, August 19th. Finally, Robert W. Baird set a $45.00 target price on ExlService and gave the company an "outperform" rating in a research report on Thursday, July 30th. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, ExlService currently has a consensus rating of "Moderate Buy" and a consensus target price of $43.50.

ExlService Profile

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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