Insider Selling: ExlService (NASDAQ:EXLS) Insider Sells $389,180.00 in Stock

Key Points

• ExlService insider Vikas Bhalla sold 11,000 shares for approximately $389,180 at an average price of $35.38, reducing his holdings by 9.14% to 109,295 shares. The sale was conducted under a pre-arranged Rule 10b5-1 trading plan.
• ExlService reported quarterly earnings of $0.59 per share, beating estimates by $0.04, while revenue rose 15.6% year over year to $594.76 million. The company issued fiscal 2026 EPS guidance of $2.25-$2.29.
• Analysts maintain a generally positive outlook, with six Buy ratings and one Hold rating, an average “Moderate Buy” consensus, and an average price target of $44.50 versus a recent share price of $35.75.

ExlService Holdings, Inc. (NASDAQ:EXLS - Get Free Report) insider Vikas Bhalla sold 11,000 shares of the firm's stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $35.38, for a total transaction of $389,180.00. Following the transaction, the insider owned 109,295 shares in the company, valued at $3,866,857.10. This represents a 9.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Vikas Bhalla also recently made the following trade(s):

• On Monday, August 3rd, Vikas Bhalla sold 11,000 shares of ExlService stock. The shares were sold at an average price of $34.99, for a total transaction of $384,890.00.

ExlService Price Performance

NASDAQ:EXLS traded down $0.73 during trading hours on Friday, reaching $35.75. The company's stock had a trading volume of 2,914,822 shares, compared to its average volume of 2,326,824. The company has a market cap of $5.42 billion, a price-to-earnings ratio of 22.48, a price-to-earnings-growth ratio of 1.38 and a beta of 0.84. ExlService Holdings, Inc. has a one year low of $24.85 and a one year high of $43.88. The business's 50-day moving average is $35.32 and its 200-day moving average is $31.32.

ExlService (NASDAQ:EXLS - Get Free Report) last posted its 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 company had revenue of $594.76 million for the quarter, compared to analyst estimates of $573.94 million. ExlService had a return on equity of 30.61% and a net margin of 11.17%.The business's revenue was up 15.6% compared to the same quarter last year. During the same period last year, the company earned $0.49 earnings per share. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. On average, sell-side analysts predict that ExlService Holdings, Inc. will post 1.82 EPS for the current fiscal year.

Analyst Ratings Changes

EXLS has been the topic of a number of recent analyst reports. Robert W. Baird set a $45.00 price target on shares of ExlService and gave the company an "outperform" rating in a research report on Thursday, July 30th. Wall Street Zen upgraded shares of ExlService from a "hold" rating to a "buy" rating in a research note on Saturday, September 26th. Weiss Ratings upgraded shares of ExlService from a "hold (c-)" rating to a "hold (c)" rating in a report on Wednesday, September 2nd. Barrington Research set a $43.00 target price on shares of ExlService in a research report on Thursday, July 30th. Finally, Needham & Company LLC raised their price target on ExlService from $40.00 to $45.00 and gave the company a "buy" rating in a research report on Wednesday, July 29th. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $44.50.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Versant Capital Management Inc boosted its stake in ExlService by 14.6% in the 3rd quarter. Versant Capital Management Inc now owns 2,261 shares of the business services provider's stock worth $78,000 after purchasing an additional 288 shares during the period. Diversified Trust Co lifted its holdings in shares of ExlService by 5.2% in the first quarter. Diversified Trust Co now owns 7,441 shares of the business services provider's stock valued at $227,000 after purchasing an additional 371 shares in the last quarter. QRG Capital Management Inc. lifted its holdings in shares of ExlService by 3.2% in the second quarter. QRG Capital Management Inc. now owns 14,604 shares of the business services provider's stock valued at $378,000 after purchasing an additional 447 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its position in shares of ExlService by 1.6% during the first quarter. Oregon Public Employees Retirement Fund now owns 32,241 shares of the business services provider's stock worth $982,000 after buying an additional 500 shares during the period. Finally, Sequoia Financial Advisors LLC grew its holdings in shares of ExlService by 9.5% during the second quarter. Sequoia Financial Advisors LLC now owns 7,791 shares of the business services provider's stock worth $201,000 after buying an additional 676 shares in the last quarter. Institutional investors and hedge funds own 92.92% of the company's stock.

About ExlService

ExlService Holdings, Inc NASDAQ: EXLS, commonly known as EXL, is a data analytics and digital operations company that helps organizations use data, artificial intelligence and technology to improve business performance. The company combines analytics, digital transformation and business process expertise to support decision-making, streamline operations and manage complex workflows.

EXL provides services and technology solutions across areas including insurance, healthcare, banking and capital markets, retail and consumer goods, utilities, media, travel and transportation.

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.