UNIVEST FINANCIAL Corp Buys 15,486 Shares of ExlService Holdings, Inc. $EXLS

UNIVEST FINANCIAL Corp grew its position in ExlService Holdings, Inc. (NASDAQ:EXLS) by 18.7% in the third quarter, HoldingsChannel.com reports. The fund owned 98,265 shares of the business services provider’s stock after buying an additional 15,486 shares during the period. UNIVEST FINANCIAL Corp’s holdings in ExlService were worth $4,327,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Invesco Ltd. boosted its stake in shares of ExlService by 193.6% during the 2nd quarter. Invesco Ltd. now owns 4,645,745 shares of the business services provider’s stock worth $203,437,000 after acquiring an additional 3,063,510 shares during the period. Schroder Investment Management Group acquired a new position in shares of ExlService in the second quarter valued at $60,415,000. Jane Street Group LLC raised its position in shares of ExlService by 534.2% in the second quarter. Jane Street Group LLC now owns 1,354,599 shares of the business services provider’s stock valued at $59,318,000 after purchasing an additional 1,141,008 shares during the period. Norges Bank bought a new stake in shares of ExlService during the 2nd quarter worth about $44,020,000. Finally, Qube Research & Technologies Ltd raised its holdings in ExlService by 4,269.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 882,480 shares of the business services provider’s stock valued at $38,644,000 after acquiring an additional 862,284 shares during the period. Institutional investors own 92.92% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. TD Cowen decreased their target price on ExlService from $52.00 to $51.00 and set a “buy” rating on the stock in a research report on Friday, January 9th. Weiss Ratings downgraded shares of ExlService from a “buy (b-)” rating to a “hold (c+)” rating in a report on Saturday, October 25th. Finally, Wall Street Zen lowered ExlService from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $53.00.

ExlService Trading Up 1.0%

Shares of EXLS stock opened at $42.73 on Friday. ExlService Holdings, Inc. has a twelve month low of $37.30 and a twelve month high of $52.43. The company has a quick ratio of 2.91, a current ratio of 2.91 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $6.78 billion, a P/E ratio of 29.07, a P/E/G ratio of 1.71 and a beta of 0.91. The stock’s fifty day simple moving average is $41.44 and its 200 day simple moving average is $42.07.

ExlService (NASDAQ:EXLS) last issued its quarterly earnings data on Tuesday, October 28th. The business services provider reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.01. The company had revenue of $529.59 million for the quarter, compared to analysts’ expectations of $522.35 million. ExlService had a net margin of 11.91% and a return on equity of 25.60%. ExlService’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.44 earnings per share. ExlService has set its FY 2025 guidance at 1.880-1.920 EPS. As a group, sell-side analysts predict that ExlService Holdings, Inc. will post 1.27 EPS for the current fiscal year.

Insiders Place Their Bets

In other ExlService news, insider Vikas Bhalla sold 11,774 shares of the stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $39.99, for a total value of $470,842.26. Following the transaction, the insider owned 115,272 shares in the company, valued at approximately $4,609,727.28. This represents a 9.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 4.04% of the company’s stock.

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.