Summit Creek Advisors LLC Invests $4.73 Million in ExlService Holdings, Inc. $EXLS

Summit Creek Advisors LLC acquired a new position in ExlService Holdings, Inc. (NASDAQ:EXLS) during the second quarter, HoldingsChannel.com reports. The fund acquired 182,829 shares of the business services provider’s stock, valued at approximately $4,728,000.

Several other institutional investors have also added to or reduced their stakes in the stock. BlackRock Inc. acquired a new stake in ExlService during the 2nd quarter valued at approximately $488,370,000. JPMorgan Chase & Co. lifted its position in shares of ExlService by 9.5% in the 4th quarter. JPMorgan Chase & Co. now owns 5,927,793 shares of the business services provider’s stock worth $251,576,000 after purchasing an additional 514,911 shares during the period. AQR Capital Management LLC lifted its position in shares of ExlService by 109.7% in the 4th quarter. AQR Capital Management LLC now owns 4,118,625 shares of the business services provider’s stock worth $174,794,000 after purchasing an additional 2,154,652 shares during the period. Handelsbanken Fonder AB boosted its stake in shares of ExlService by 10.7% in the 4th quarter. Handelsbanken Fonder AB now owns 3,781,036 shares of the business services provider’s stock valued at $160,467,000 after purchasing an additional 364,146 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of ExlService by 1.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,902,412 shares of the business services provider’s stock valued at $123,181,000 after purchasing an additional 32,734 shares during the last quarter. 92.92% of the stock is currently owned by institutional investors.

ExlService Stock Up 2.6%

NASDAQ EXLS opened at $35.47 on Wednesday. The company has a market cap of $5.38 billion, a price-to-earnings ratio of 22.31, a P/E/G ratio of 1.40 and a beta of 0.80. ExlService Holdings, Inc. has a 52 week low of $24.85 and a 52 week high of $45.08. The business has a 50 day moving average price of $29.58 and a 200-day moving average price of $30.28.

ExlService (NASDAQ:EXLS) last issued its earnings results on Tuesday, July 28th. The business services provider reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.04. ExlService had a return on equity of 30.61% and a net margin of 11.17%.The company had revenue of $594.76 million for the quarter, compared to analysts’ expectations of $573.94 million. During the same period last year, the business earned $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, equities research analysts anticipate that ExlService Holdings, Inc. will post 1.82 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on EXLS. Needham & Company LLC lifted their target price on shares of ExlService from $40.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Weiss Ratings lowered shares of ExlService from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, June 30th. JPMorgan Chase & Co. upped their price target on shares of ExlService from $42.00 to $43.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. TD Cowen reiterated a “buy” rating and set a $39.00 price target (down from $45.00) on shares of ExlService in a report on Thursday, July 9th. Finally, Robert W. Baird set a $45.00 price objective on ExlService and gave the company an “outperform” rating in a research note on Thursday, July 30th. Six research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, ExlService has a consensus rating of “Moderate Buy” and an average price target of $43.50.

Insider Buying and Selling

In other ExlService news, insider Vikas Bhalla sold 11,000 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $34.99, for a total transaction of $384,890.00. Following the transaction, the insider 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 transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 3.66% of the company’s stock.

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.