Insider Selling: ExlService (NASDAQ:EXLS) EVP Sells 8,114 Shares of Stock

Key Points

  • Insider sale: ExlService EVP Ajay Ayyappan sold 8,114 shares at an average price of $42.53 for roughly $345,088, trimming his position by 13.17% to 53,515 shares valued at about $2.28 million.
  • Market context: NASDAQ:EXLS opened at $39.78 and was trading down about 1.8%, with a one‑year range of $37.30–$52.43 and a market cap near $6.31 billion.
  • Fundamentals and sentiment: ExlService beat quarterly estimates (EPS $0.48 vs. $0.47; revenue $529.6M, +12.2% YoY) and carries a Wall Street consensus of “Moderate Buy” with a $53 average price target (four Buy, one Hold).

ExlService Holdings, Inc. (NASDAQ:EXLS - Get Free Report) EVP Ajay Ayyappan sold 8,114 shares of ExlService stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $42.53, for a total value of $345,088.42. Following the sale, the executive vice president directly owned 53,515 shares in the company, valued at $2,275,992.95. The trade was a 13.17% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

ExlService Trading Down 1.8%

NASDAQ:EXLS opened at $39.78 on Thursday. ExlService Holdings, Inc. has a 1 year low of $37.30 and a 1 year high of $52.43. The stock has a market cap of $6.31 billion, a price-to-earnings ratio of 27.06, a PEG ratio of 1.63 and a beta of 0.91. The business has a fifty day moving average of $41.63 and a 200-day moving average of $41.96. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.91 and a current ratio of 2.91.

ExlService (NASDAQ:EXLS - Get Free Report) last issued its quarterly earnings data on Tuesday, October 28th. The business services provider reported $0.48 earnings per share for the quarter, beating analysts' consensus estimates of $0.47 by $0.01. The business had revenue of $529.59 million for the quarter, compared to analysts' expectations of $522.35 million. ExlService had a net margin of 11.91% and a return on equity of 25.60%. The company's revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.44 earnings per share. Equities analysts predict that ExlService Holdings, Inc. will post 1.27 earnings per share for the current year.

Wall Street Analysts Forecast Growth




EXLS has been the subject of a number of research analyst reports. Wall Street Zen lowered shares of ExlService from a "buy" rating to a "hold" rating in a research note on Saturday, January 17th. Weiss Ratings restated a "hold (c+)" rating on shares of ExlService in a research report on Thursday, January 22nd. Finally, TD Cowen lowered their price target on ExlService from $52.00 to $51.00 and set a "buy" rating on the stock in a research report on Friday, January 9th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, ExlService currently has a consensus rating of "Moderate Buy" and a consensus price target of $53.00.

Read Our Latest Research Report on EXLS

Institutional Trading of ExlService

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Ensign Peak Advisors Inc raised its stake in shares of ExlService by 72.5% during the 2nd quarter. Ensign Peak Advisors Inc now owns 319,868 shares of the business services provider's stock worth $14,007,000 after purchasing an additional 134,491 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of ExlService by 17.2% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 224,783 shares of the business services provider's stock valued at $9,825,000 after buying an additional 33,067 shares in the last quarter. Allworth Financial LP grew its stake in shares of ExlService by 18,533.3% in the 2nd quarter. Allworth Financial LP now owns 43,602 shares of the business services provider's stock valued at $1,909,000 after buying an additional 43,368 shares in the last quarter. CWM LLC increased its holdings in ExlService by 261.5% in the third quarter. CWM LLC now owns 74,164 shares of the business services provider's stock worth $3,265,000 after buying an additional 53,651 shares during the last quarter. Finally, Advantage Alpha Capital Partners LP bought a new position in ExlService during the second quarter valued at approximately $3,560,000. 92.92% of the stock is owned by institutional investors and hedge funds.

About ExlService

(Get Free Report)

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.

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