Key Points
- ExlService EVP Ajay Ayyappan sold 5,093 shares on May 20 at an average price of $29.11, totaling about $148,257. After the sale, he still held 48,994 shares, and the trade was made under a pre-arranged Rule 10b5-1 plan.
- The company reported stronger-than-expected quarterly results, with EPS of $0.58 versus the $0.53 consensus and revenue of $570.35 million, up 13.8% from a year earlier. ExlService also reaffirmed FY 2026 EPS guidance of $2.18 to $2.23.
- ExlService announced a $125 million stock buyback in March, signaling management’s view that shares may be undervalued. Meanwhile, analysts remain cautiously positive, with a consensus rating of “Moderate Buy” and an average target price of $41.50.
ExlService Holdings, Inc. (NASDAQ:EXLS - Get Free Report) EVP Ajay Ayyappan sold 5,093 shares of ExlService stock in a transaction on 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 owned 48,994 shares in the company, valued at $1,426,215.34. This represents a 9.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Ajay Ayyappan also recently made the following trade(s):
- On Monday, February 23rd, Ajay Ayyappan sold 1,197 shares of ExlService stock. The stock was sold at an average price of $29.79, for a total transaction of $35,658.63.
ExlService Stock Up 1.0%
EXLS opened at $29.51 on Friday. ExlService Holdings, Inc. has a fifty-two week low of $26.82 and a fifty-two week high of $48.54. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 2.66. The firm's fifty day moving average price is $30.33 and its two-hundred day moving average price is $35.39. The company has a market capitalization of $4.51 billion, a P/E ratio of 18.80, a P/E/G ratio of 1.24 and a beta of 0.87.
ExlService (NASDAQ:EXLS - Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The business services provider reported $0.58 earnings per share for the quarter, topping analysts' consensus estimates of $0.53 by $0.05. ExlService had a net margin of 11.66% and a return on equity of 28.50%. The firm had revenue of $570.35 million for the quarter, compared to the consensus estimate of $557.67 million. During the same quarter in the previous year, the company earned $0.48 earnings per share. The business's revenue was up 13.8% compared to the same quarter last year. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. On average, analysts anticipate that ExlService Holdings, Inc. will post 1.79 EPS for the current year.
ExlService announced that its Board of Directors has approved a stock 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 buy up to 2.7% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board believes its shares are undervalued.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Tandem Investment Advisors Inc. raised its holdings in shares of ExlService by 602.1% in the third quarter. Tandem Investment Advisors Inc. now owns 71,957 shares of the business services provider's stock valued at $3,168,000 after buying an additional 61,708 shares during the last quarter. M&G PLC bought a new position in shares of ExlService in the third quarter valued at about $12,527,000. Nordea Investment Management AB bought a new position in shares of ExlService in the fourth quarter valued at about $23,570,000. Aberdeen Group plc raised its holdings in shares of ExlService by 18.8% in the fourth quarter. Aberdeen Group plc now owns 562,437 shares of the business services provider's stock valued at $23,870,000 after buying an additional 89,194 shares during the last quarter. Finally, Fort Washington Investment Advisors Inc. OH raised its holdings in shares of ExlService by 18.5% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 693,008 shares of the business services provider's stock valued at $29,411,000 after buying an additional 108,398 shares during the last quarter. 92.92% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts have recently commented on EXLS shares. TD Cowen reduced their target price on shares of ExlService from $51.00 to $45.00 and set a "buy" rating on the stock in a research note on Thursday, February 26th. Stifel Nicolaus reduced their target price on shares of ExlService from $54.00 to $46.00 and set a "buy" rating on the stock in a research note on Thursday, February 26th. Weiss Ratings downgraded shares of ExlService from a "hold (c)" rating to a "hold (c-)" rating in a research note on Friday, April 24th. Barrington Research set a $40.00 target price on shares of ExlService and gave the company an "outperform" rating in a research note on Thursday, April 30th. Finally, Wall Street Zen upgraded shares of ExlService from a "hold" rating to a "buy" rating in a research note on Saturday, February 7th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $41.50.
View Our Latest Report on EXLS
ExlService Company Profile
(
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
