Inspire Investing LLC Sells 17,461 Shares of ExlService Holdings, Inc. $EXLS

Inspire Investing LLC lessened its holdings in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 62.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,319 shares of the business services provider’s stock after selling 17,461 shares during the quarter. Inspire Investing LLC’s holdings in ExlService were worth $454,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in EXLS. Invesco Ltd. grew its holdings in shares of ExlService by 193.6% during the second quarter. Invesco Ltd. now owns 4,645,745 shares of the business services provider’s stock valued at $203,437,000 after buying an additional 3,063,510 shares during the last quarter. Schroder Investment Management Group acquired a new position in ExlService during the 2nd quarter valued at about $60,415,000. Jane Street Group LLC increased its holdings in ExlService by 534.2% during the 2nd quarter. Jane Street Group LLC now owns 1,354,599 shares of the business services provider’s stock worth $59,318,000 after purchasing an additional 1,141,008 shares in the last quarter. Norges Bank purchased a new stake in shares of ExlService in the second quarter worth approximately $44,020,000. Finally, Qube Research & Technologies Ltd raised its stake in shares of ExlService by 4,269.6% in the second quarter. Qube Research & Technologies Ltd now owns 882,480 shares of the business services provider’s stock worth $38,644,000 after purchasing an additional 862,284 shares during the last quarter. 92.92% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, insider Vikas Bhalla sold 11,774 shares of the firm’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $39.99, for a total transaction of $470,842.26. Following the completion of the sale, the insider owned 115,272 shares in the company, valued at approximately $4,609,727.28. This trade represents a 9.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 4.04% of the company’s stock.

Analyst Upgrades and Downgrades

EXLS has been the subject of several recent research reports. Weiss Ratings downgraded ExlService from a “buy (b-)” rating to a “hold (c+)” rating in a report on Saturday, October 25th. Wall Street Zen downgraded shares of ExlService from a “buy” rating to a “hold” rating in a report on Sunday, December 14th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $54.50.

ExlService Stock Performance

Shares of EXLS opened at $43.27 on Tuesday. The stock has a 50 day moving average of $40.61 and a 200 day moving average of $42.36. The company has a market capitalization of $6.87 billion, a price-to-earnings ratio of 29.44, a PEG ratio of 2.03 and a beta of 0.91. ExlService Holdings, Inc. has a 12 month low of $37.30 and a 12 month high of $52.43. The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 0.43.

ExlService (NASDAQ:EXLS) last posted 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. ExlService had a return on equity of 25.60% and a net margin of 11.91%.The business had revenue of $529.59 million for the quarter, compared to analysts’ expectations of $522.35 million. During the same quarter in the previous year, the firm earned $0.44 earnings per share. The business’s revenue was up 12.2% on a year-over-year basis. ExlService has set its FY 2025 guidance at 1.880-1.920 EPS. As a group, sell-side analysts forecast that ExlService Holdings, Inc. will post 1.27 earnings per share for the current year.

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.