Squarepoint Ops LLC Purchases 92,697 Shares of ExlService Holdings, Inc. $EXLS

Key Points

• Squarepoint Ops LLC increased its ExlService stake by 85% in the second quarter, purchasing 92,697 additional shares and bringing its holdings to 201,805 shares worth approximately $5.2 million. Institutional investors collectively own 92.92% of EXLS.
• ExlService exceeded quarterly expectations, reporting $0.59 in EPS versus the $0.55 consensus and revenue of $594.76 million, up 15.6% year over year. The company issued fiscal 2026 EPS guidance of $2.25–$2.29.
• Analyst sentiment remains favorable, with six Buy ratings and one Hold rating, producing a “Moderate Buy” consensus and an average price target of $44.50 versus the stock’s reported $35.26 price.

Squarepoint Ops LLC lifted its position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) by 85.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 201,805 shares of the business services provider's stock after buying an additional 92,697 shares during the period. Squarepoint Ops LLC owned about 0.13% of ExlService worth $5,219,000 at the end of the most recent quarter.

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

Insider Buying and Selling at ExlService

In related news, insider Vikas Bhalla sold 11,000 shares of ExlService stock in a transaction dated 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 owned 130,295 shares of the company's stock, valued at approximately $4,559,022.05. This trade represents a 7.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.66% of the company's stock.

ExlService Price Performance

NASDAQ EXLS opened at $35.26 on Friday. The firm has a market cap of $5.35 billion, a price-to-earnings ratio of 22.18, a PEG ratio of 1.39 and a beta of 0.81. ExlService Holdings, Inc. has a 1 year low of $24.85 and a 1 year high of $44.32. The company has a fifty day moving average price of $33.17 and a 200-day moving average price of $30.88.

ExlService (NASDAQ:EXLS - Get Free Report) last posted its earnings results on Tuesday, July 28th. The business services provider reported $0.59 EPS for the quarter, topping the consensus estimate of $0.55 by $0.04. The firm had revenue of $594.76 million for the quarter, compared to analysts' expectations of $573.94 million. ExlService had a net margin of 11.17% and a return on equity of 30.61%. The company's quarterly revenue was up 15.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.49 EPS. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. On average, research analysts anticipate that ExlService Holdings, Inc. will post 1.82 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on EXLS shares. 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. Weiss Ratings raised shares of ExlService from a "hold (c-)" rating to a "hold (c)" rating in a research note on Wednesday, September 2nd. TD Cowen restated a "buy" rating and issued a $45.00 price objective (up from $43.00) on shares of ExlService in a report on Thursday, August 27th. Needham & Company LLC upped their target price on ExlService from $40.00 to $45.00 and gave the company a "buy" rating in a research report on Wednesday, July 29th. Finally, Barrington Research set a $43.00 price objective on shares of ExlService in a research note 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's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $44.50.

ExlService Profile

ExlService Holdings, Inc NASDAQ: EXLS, operating as EXL, is a global data analytics and digital operations company. It helps businesses use data, artificial intelligence and automation to improve decision-making, streamline processes and enhance customer experiences.

EXL provides services including advanced analytics, artificial intelligence, digital transformation, business process management, finance and accounting, customer care, claims administration, underwriting support and other industry-specific operations.

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