ExlService Holdings, Inc. $EXLS Shares Purchased by UNIVEST FINANCIAL Corp

UNIVEST FINANCIAL Corp boosted its stake in ExlService Holdings, Inc. (NASDAQ:EXLS) by 27.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 126,092 shares of the business services provider’s stock after buying an additional 27,091 shares during the quarter. UNIVEST FINANCIAL Corp owned approximately 0.08% of ExlService worth $3,840,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Empowered Funds LLC raised its stake in ExlService by 277.7% in the 1st quarter. Empowered Funds LLC now owns 17,384 shares of the business services provider’s stock valued at $821,000 after purchasing an additional 12,781 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of ExlService by 4.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 497,474 shares of the business services provider’s stock valued at $23,486,000 after buying an additional 19,769 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of ExlService in the first quarter worth about $10,084,000. EverSource Wealth Advisors LLC lifted its stake in shares of ExlService by 575.2% in the second quarter. EverSource Wealth Advisors LLC now owns 2,883 shares of the business services provider’s stock worth $126,000 after buying an additional 2,456 shares in the last quarter. Finally, Marshall Wace LLP acquired a new stake in ExlService in the 2nd quarter valued at about $1,704,000. Institutional investors and hedge funds own 92.92% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on EXLS shares. JPMorgan Chase & Co. raised 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, April 30th. Weiss Ratings lowered ExlService from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, June 30th. TD Cowen reaffirmed a “buy” rating and issued a $39.00 target price (down from $45.00) on shares of ExlService in a research note on Thursday. Finally, Barrington Research reiterated an “outperform” rating and set a $40.00 price target on shares of ExlService in a report on Thursday, June 25th. Five equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $40.50.

ExlService Trading Down 1.1%

EXLS stock traded down $0.30 during mid-day trading on Friday, hitting $27.30. 1,438,338 shares of the company were exchanged, compared to its average volume of 2,836,600. ExlService Holdings, Inc. has a 12-month low of $24.85 and a 12-month high of $47.11. The firm has a market capitalization of $4.17 billion, a P/E ratio of 17.39, a PEG ratio of 1.15 and a beta of 0.84. The business has a fifty day simple moving average of $28.39 and a 200-day simple moving average of $32.39. The company has a quick ratio of 2.66, a current ratio of 2.66 and a debt-to-equity ratio of 0.53.

ExlService (NASDAQ:EXLS) last issued its quarterly earnings data on Tuesday, April 28th. The business services provider reported $0.58 EPS for the quarter, topping the consensus estimate of $0.53 by $0.05. The firm had revenue of $570.35 million for the quarter, compared to analyst estimates of $557.67 million. ExlService had a net margin of 11.66% and a return on equity of 28.50%. The business’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.48 EPS. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. On average, equities research analysts predict that ExlService Holdings, Inc. will post 1.8 earnings per share for the current fiscal year.

ExlService declared that its Board of Directors has approved a stock buyback plan on Tuesday, March 17th that allows the company to repurchase $125.00 million in shares. This repurchase authorization allows the business services provider to reacquire up to 2.7% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling at ExlService

In other ExlService news, insider Vikas Bhalla sold 12,000 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $30.22, for a total transaction of $362,640.00. Following the sale, the insider directly owned 153,295 shares in the company, valued at $4,632,574.90. This represents a 7.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Ajay Ayyappan sold 5,093 shares of the stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $29.11, for a total transaction of $148,257.23. Following the sale, the executive vice president directly owned 48,994 shares in the company, valued at $1,426,215.34. This represents a 9.42% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is currently owned by insiders.

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.