Vanguard Group Inc. Has $605.14 Million Stock Holdings in ExlService Holdings, Inc. $EXLS

Key Points

• Vanguard Group Inc. trimmed its stake by 2.5% to 14,258,782 shares—about 8.98% of ExlService—valued at roughly $605.14 million, and institutional investors now own about 92.92% of the stock.
• ExlService beat quarterly estimates with $0.58 EPS vs. $0.53 expected and revenue of $570.35M (up 13.8% YoY), and issued FY2026 guidance of $2.18–2.23 EPS.
• The board authorized a $125 million share buyback (up to 2.7% of shares), while analysts hold a consensus Buy rating with an average target price of $41.50.

Vanguard Group Inc. decreased its position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report) by 2.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,258,782 shares of the business services provider's stock after selling 364,562 shares during the period. Vanguard Group Inc. owned about 8.98% of ExlService worth $605,143,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in shares of ExlService by 1.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,412,882 shares of the business services provider's stock worth $238,331,000 after acquiring an additional 68,398 shares in the last quarter. Mackenzie Financial Corp boosted its position in shares of ExlService by 1.6% during the 3rd quarter. Mackenzie Financial Corp now owns 2,371,967 shares of the business services provider's stock worth $104,438,000 after acquiring an additional 37,881 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of ExlService by 540.4% during the 3rd quarter. AQR Capital Management LLC now owns 1,963,973 shares of the business services provider's stock worth $86,474,000 after acquiring an additional 1,657,317 shares in the last quarter. Squarepoint Ops LLC boosted its position in shares of ExlService by 71.7% during the 3rd quarter. Squarepoint Ops LLC now owns 1,689,373 shares of the business services provider's stock worth $74,383,000 after acquiring an additional 705,509 shares in the last quarter. Finally, Two Sigma Investments LP boosted its position in shares of ExlService by 34.0% during the 3rd quarter. Two Sigma Investments LP now owns 1,621,732 shares of the business services provider's stock worth $71,405,000 after acquiring an additional 411,652 shares in the last quarter. Institutional investors and hedge funds own 92.92% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on EXLS. Barrington Research set a $40.00 target price on shares of ExlService and gave the company an "outperform" rating in a research report on Thursday. Robert W. Baird set a $35.00 target price on shares of ExlService in a research report on Wednesday, February 25th. Wall Street Zen upgraded shares of ExlService from a "hold" rating to a "buy" rating in a research report on Saturday, February 7th. Needham & Company LLC restated a "buy" rating and issued a $40.00 target price (down from $55.00) on shares of ExlService in a research report on Wednesday, February 25th. Finally, Weiss Ratings lowered shares of ExlService from a "hold (c)" rating to a "hold (c-)" rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, ExlService has a consensus rating of "Buy" and an average target price of $41.50.

Insider Activity

In other news, EVP Ajay Ayyappan sold 2,275 shares of the firm's stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $30.32, for a total transaction of $68,978.00. Following the completion of the transaction, the executive vice president owned 53,768 shares of the company's stock, valued at approximately $1,630,245.76. This trade represents a 4.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 4.04% of the company's stock.

ExlService Stock Performance

Shares of ExlService stock opened at $31.74 on Monday. The company's 50 day moving average price is $30.73 and its two-hundred day moving average price is $36.45. The firm has a market capitalization of $4.85 billion, a P/E ratio of 20.22, a P/E/G ratio of 1.36 and a beta of 0.87. ExlService Holdings, Inc. has a fifty-two week low of $26.94 and a fifty-two week high of $48.54. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 2.66.

ExlService (NASDAQ:EXLS - Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The business services provider reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.05. The firm had revenue of $570.35 million during the quarter, compared to the consensus estimate of $557.67 million. ExlService had a net margin of 11.66% and a return on equity of 28.50%. The company's revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.48 earnings per share. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. On average, equities analysts forecast that ExlService Holdings, Inc. will post 1.77 earnings per share for the current fiscal year.

ExlService declared that its board has initiated a stock buyback plan on Tuesday, March 17th that allows the company to buyback $125.00 million in shares. This buyback authorization allows the business services provider to reacquire up to 2.7% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board believes its shares are undervalued.

ExlService Company 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.

Want to see what other hedge funds are holding EXLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ExlService Holdings, Inc. (NASDAQ:EXLS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.