ExlService Holdings, Inc. $EXLS Shares Sold by Mitsubishi UFJ Asset Management UK Ltd.

Mitsubishi UFJ Asset Management UK Ltd. lowered its holdings in ExlService Holdings, Inc. (NASDAQ:EXLS) by 64.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,000 shares of the business services provider’s stock after selling 20,000 shares during the period. Mitsubishi UFJ Asset Management UK Ltd.’s holdings in ExlService were worth $467,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in EXLS. AQR Capital Management LLC grew its stake in shares of ExlService by 540.4% in the 3rd quarter. AQR Capital Management LLC now owns 1,963,973 shares of the business services provider’s stock worth $86,474,000 after purchasing an additional 1,657,317 shares during the last quarter. Amundi acquired a new position in shares of ExlService in the third quarter worth about $67,862,000. Jane Street Group LLC boosted its holdings 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 worth $59,318,000 after buying an additional 1,141,008 shares during the period. Qube Research & Technologies Ltd boosted its holdings 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 buying an additional 862,284 shares during the period. Finally, Tudor Investment Corp ET AL boosted its holdings in shares of ExlService by 451.2% in the third quarter. Tudor Investment Corp ET AL now owns 975,894 shares of the business services provider’s stock worth $42,969,000 after buying an additional 798,831 shares during the period. Institutional investors and hedge funds own 92.92% of the company’s stock.

Insider Transactions at ExlService

In other news, EVP Ajay Ayyappan sold 1,197 shares of ExlService stock in a transaction that occurred 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 transaction, the executive vice president owned 53,901 shares of the company’s stock, valued at $1,605,710.79. This trade represents a 2.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 4.04% of the stock is owned by company insiders.

Analyst Ratings Changes

EXLS has been the subject of several recent analyst reports. TD Cowen decreased their target price on shares of ExlService from $51.00 to $45.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Weiss Ratings cut shares of ExlService from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, April 24th. Robert W. Baird set a $35.00 target price on shares of ExlService in a report on Wednesday, February 25th. Wall Street Zen upgraded shares of ExlService from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $40.00 target price (down from $55.00) on shares of ExlService in a report on Wednesday, February 25th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $41.50.

ExlService Price Performance

NASDAQ EXLS opened at $28.97 on Wednesday. The company has a quick ratio of 2.66, a current ratio of 2.66 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $4.43 billion, a PE ratio of 18.45, a price-to-earnings-growth ratio of 1.23 and a beta of 0.87. The company has a 50 day moving average price of $30.44 and a two-hundred day moving average price of $35.58. ExlService Holdings, Inc. has a 12-month low of $26.82 and a 12-month high of $48.54.

ExlService (NASDAQ:EXLS) last posted its earnings results on Tuesday, April 28th. The business services provider reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. The firm had revenue of $570.35 million during the quarter, compared to analysts’ expectations of $557.67 million. ExlService had a net margin of 11.66% and a return on equity of 28.50%. The company’s revenue was up 13.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.48 earnings per share. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. As a group, equities analysts predict that ExlService Holdings, Inc. will post 1.79 earnings per share for the current fiscal year.

ExlService declared that its board has approved a share buyback plan on Tuesday, March 17th that permits the company to repurchase $125.00 million in outstanding shares. This repurchase authorization permits the business services provider to reacquire up to 2.7% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its stock is 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.