UNIVEST FINANCIAL Corp purchased a new stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 167,574 shares of the business services provider's stock, valued at approximately $4,333,000. UNIVEST FINANCIAL Corp owned about 0.11% of ExlService as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Empowered Funds LLC grew its position in ExlService by 277.7% during the first quarter. Empowered Funds LLC now owns 17,384 shares of the business services provider's stock valued at $821,000 after buying an additional 12,781 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings 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 valued at $23,486,000 after buying an additional 19,769 shares during the last quarter. Jane Street Group LLC bought a new position in ExlService in the first quarter worth approximately $10,084,000. EverSource Wealth Advisors LLC raised its position in ExlService by 575.2% in the second 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 during the period. Finally, Marshall Wace LLP purchased a new position in shares of ExlService during the 2nd quarter worth $1,704,000. Institutional investors own 92.92% of the company's stock.
Insider Activity
In related news, EVP Ajay Ayyappan sold 5,093 shares of ExlService stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $29.11, for a total transaction of $148,257.23. Following the sale, the executive vice president owned 48,994 shares of the company's stock, valued at approximately $1,426,215.34. This trade represents a 9.42% decrease in their position. The sale 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. Also, insider Vikas Bhalla sold 11,000 shares of the business'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 completion of the transaction, the insider directly owned 130,295 shares in the company, valued at approximately $4,559,022.05. This represents a 7.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 28,093 shares of company stock valued at $895,787 in the last quarter. 3.66% of the stock is currently owned by company insiders.
ExlService Price Performance
Shares of NASDAQ EXLS opened at $34.56 on Tuesday. ExlService Holdings, Inc. has a 1 year low of $24.85 and a 1 year high of $45.08. The firm has a fifty day moving average price of $29.47 and a 200-day moving average price of $30.31. The stock has a market cap of $5.24 billion, a PE ratio of 21.74, a price-to-earnings-growth ratio of 1.40 and a beta of 0.80.
ExlService (NASDAQ:EXLS - Get Free Report) last issued its earnings results on Tuesday, July 28th. The business services provider reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.04. ExlService had a net margin of 11.17% and a return on equity of 30.61%. The company had revenue of $594.76 million during the quarter, compared to the consensus estimate of $573.94 million. During the same quarter in the prior year, the firm posted $0.49 EPS. ExlService's quarterly revenue was up 15.6% compared to the same quarter last year. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. On average, research analysts expect that ExlService Holdings, Inc. will post 1.82 EPS for the current year.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on the company. JPMorgan Chase & Co. upped their price objective on 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 target price on ExlService in a research report on Thursday, July 30th. Weiss Ratings lowered ExlService from a "hold (c-)" rating to a "sell (d+)" rating in a report on Tuesday, June 30th. TD Cowen restated a "buy" rating and issued a $39.00 price target (down from $45.00) on shares of ExlService in a research report on Thursday, July 9th. Finally, 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. Six analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $43.50.
Read Our Latest Research Report on EXLS
ExlService Profile
(
Free Report)
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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