Vanguard Group Inc. Sells 364,562 Shares of ExlService Holdings, Inc. $EXLS

Vanguard Group Inc. lowered its holdings in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 2.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund 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 0.09% of ExlService worth $605,143,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Mather Group LLC. bought a new position in ExlService during the third quarter worth $25,000. CENTRAL TRUST Co raised its stake in ExlService by 2,428.0% during the third quarter. CENTRAL TRUST Co now owns 632 shares of the business services provider’s stock worth $28,000 after buying an additional 607 shares during the last quarter. True Wealth Design LLC raised its stake in ExlService by 57.2% during the fourth quarter. True Wealth Design LLC now owns 706 shares of the business services provider’s stock worth $30,000 after buying an additional 257 shares during the last quarter. Private Trust Co. NA raised its stake in ExlService by 56.2% during the fourth quarter. Private Trust Co. NA now owns 717 shares of the business services provider’s stock worth $30,000 after buying an additional 258 shares during the last quarter. Finally, First Horizon Corp bought a new position in ExlService during the third quarter worth $32,000. Institutional investors own 92.92% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on EXLS shares. Needham & Company LLC reissued a “buy” rating and set a $40.00 target price (down from $55.00) on shares of ExlService in a research note on Wednesday, February 25th. Robert W. Baird set a $35.00 target price on shares of ExlService in a research note on Wednesday, February 25th. Weiss Ratings downgraded shares of ExlService from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, April 24th. Wall Street Zen raised shares of ExlService from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Finally, JPMorgan Chase & Co. lifted their target price on shares of ExlService from $42.00 to $43.00 and gave the stock an “overweight” rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $41.50.

Insiders Place Their Bets

In other ExlService news, EVP Ajay Ayyappan sold 1,197 shares of ExlService stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $29.79, for a total value of $35,658.63. Following the completion of the sale, the executive vice president directly owned 53,901 shares of the company’s stock, valued at approximately $1,605,710.79. The trade was a 2.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 4.04% of the company’s stock.

ExlService Stock Performance

EXLS opened at $31.74 on Monday. ExlService Holdings, Inc. has a 1-year low of $26.94 and a 1-year high of $48.54. The company has a current ratio of 2.66, a quick ratio of 2.66 and a debt-to-equity ratio of 0.53. The company has a market cap of $4.85 billion, a P/E ratio of 20.22, a price-to-earnings-growth ratio of 1.36 and a beta of 0.87. The company has a fifty day moving average price of $30.73 and a two-hundred day moving average price of $36.45.

ExlService (NASDAQ:EXLS) last posted its quarterly earnings results on Tuesday, April 28th. The business services provider reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.05. ExlService had a net margin of 11.66% and a return on equity of 28.50%. The firm had revenue of $570.35 million during the quarter, compared to the consensus estimate of $557.67 million. During the same period in the previous year, the firm posted $0.48 earnings per share. The business’s revenue was up 13.8% compared to the same quarter last year. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. Analysts predict that ExlService Holdings, Inc. will post 1.77 EPS for the current fiscal year.

ExlService declared that its Board of Directors has initiated a share repurchase 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 repurchase up to 2.7% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

About ExlService

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.