Diversify Advisory Services LLC Purchases Shares of 42,412 ExlService Holdings, Inc. $EXLS

Diversify Advisory Services LLC purchased a new position in ExlService Holdings, Inc. (NASDAQ:EXLS) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 42,412 shares of the business services provider’s stock, valued at approximately $1,211,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. BlackRock Inc. purchased a new stake in shares of ExlService during the second quarter valued at $488,370,000. JPMorgan Chase & Co. raised its stake in 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 acquiring an additional 514,911 shares during the last quarter. AQR Capital Management LLC lifted its position in ExlService by 109.7% during 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 acquiring an additional 2,154,652 shares during the period. Handelsbanken Fonder AB lifted its position in ExlService by 10.7% during the 4th quarter. Handelsbanken Fonder AB now owns 3,781,036 shares of the business services provider’s stock worth $160,467,000 after acquiring an additional 364,146 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in ExlService by 1.1% during 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 and hedge funds.

ExlService Price Performance

EXLS opened at $37.02 on Thursday. The firm has a fifty day moving average price of $29.74 and a 200 day moving average price of $30.27. ExlService Holdings, Inc. has a 1 year low of $24.85 and a 1 year high of $45.08. The stock has a market cap of $5.61 billion, a P/E ratio of 23.28, a P/E/G ratio of 1.43 and a beta of 0.80.

ExlService (NASDAQ:EXLS) last released its quarterly earnings results on Tuesday, July 28th. The business services provider reported $0.59 EPS for the quarter, beating the consensus estimate of $0.55 by $0.04. ExlService had a net margin of 11.17% and a return on equity of 30.61%. The company had revenue of $594.76 million for the quarter, compared to analyst estimates of $573.94 million. During the same quarter last year, the business earned $0.49 earnings per share. The firm’s revenue was up 15.6% on a year-over-year basis. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. Equities analysts expect that ExlService Holdings, Inc. will post 1.82 EPS for the current year.

Wall Street Analysts Forecast Growth

EXLS has been the subject of several research analyst reports. Needham & Company LLC raised their price objective on ExlService from $40.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Robert W. Baird set a $45.00 target price on ExlService and gave the company an “outperform” rating in a research report on Thursday, July 30th. Weiss Ratings downgraded shares of ExlService from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, June 30th. Barrington Research set a $43.00 price target on shares of ExlService in a research report on Thursday, July 30th. Finally, TD Cowen restated a “buy” rating and set a $39.00 price objective (down from $45.00) on shares of ExlService in a research note on Thursday, July 9th. Six analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $43.50.

Insider Activity at ExlService

In other news, insider Vikas Bhalla sold 11,000 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $34.99, for a total transaction of $384,890.00. Following the sale, the insider directly owned 130,295 shares in the company, valued at $4,559,022.05. This trade represents a 7.79% decrease in their position. The transaction was disclosed in a legal filing 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. 3.66% of the stock is owned by company insiders.

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.