ExlService Holdings, Inc. (NASDAQ:EXLS - Get Free Report) insider Vikas Bhalla sold 12,000 shares of the firm's stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $30.22, for a total transaction of $362,640.00. Following the transaction, 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 SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
ExlService Stock Down 0.7%
Shares of EXLS opened at $29.47 on Tuesday. ExlService Holdings, Inc. has a 12 month low of $26.82 and a 12 month high of $48.54. The firm's 50 day moving average is $30.12 and its 200-day moving average is $34.59. The stock has a market capitalization of $4.50 billion, a PE ratio of 18.77, a P/E/G ratio of 1.25 and a beta of 0.83. The company has a current ratio of 2.66, a quick ratio of 2.66 and a debt-to-equity ratio of 0.53.
ExlService (NASDAQ:EXLS - Get Free Report) last announced its earnings results 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. ExlService had a net margin of 11.66% and a return on equity of 28.50%. The company had revenue of $570.35 million for the quarter, compared to analysts' expectations of $557.67 million. During the same period last year, the firm earned $0.48 earnings per share. The business's revenue for the quarter was up 13.8% on a year-over-year basis. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. Equities research analysts forecast that ExlService Holdings, Inc. will post 1.79 EPS for the current year.
ExlService declared that its Board of Directors has approved a stock buyback program on Tuesday, March 17th that allows the company to buyback $125.00 million in outstanding shares. This buyback authorization allows the business services provider to purchase up to 2.7% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's management believes its shares are undervalued.
Institutional Trading of ExlService
A number of hedge funds have recently added to or reduced their stakes in EXLS. CENTRAL TRUST Co boosted its position in ExlService by 2,428.0% in the third quarter. CENTRAL TRUST Co now owns 632 shares of the business services provider's stock valued at $28,000 after buying an additional 607 shares in the last quarter. Transamerica Financial Advisors LLC boosted its position in ExlService by 285.2% in the fourth quarter. Transamerica Financial Advisors LLC now owns 678 shares of the business services provider's stock valued at $29,000 after buying an additional 502 shares in the last quarter. True Wealth Design LLC boosted its position in ExlService by 57.2% in the fourth quarter. True Wealth Design LLC now owns 706 shares of the business services provider's stock valued at $30,000 after buying an additional 257 shares in the last quarter. Private Trust Co. NA boosted its position in ExlService by 56.2% in the fourth quarter. Private Trust Co. NA now owns 717 shares of the business services provider's stock valued at $30,000 after buying an additional 258 shares in the last quarter. Finally, V Square Quantitative Management LLC acquired a new stake in ExlService in the fourth quarter valued at approximately $33,000. Institutional investors and hedge funds own 92.92% of the company's stock.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on the stock. TD Cowen lowered their target price on shares of ExlService from $51.00 to $45.00 and set a "buy" rating on the stock in a report on Thursday, February 26th. Needham & Company LLC reissued a "buy" rating and issued a $40.00 price objective (down from $55.00) on shares of ExlService in a research note on Wednesday, February 25th. JPMorgan Chase & Co. lifted their price objective on shares of ExlService from $42.00 to $43.00 and gave the company an "overweight" rating in a research note on Thursday, April 30th. Barrington Research set a $40.00 price objective on shares of ExlService and gave the company an "outperform" rating in a research note on Thursday, April 30th. Finally, Weiss Ratings cut shares of ExlService from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Friday, May 29th. Five analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $41.50.
Read Our Latest Stock Analysis on ExlService
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.
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