Key Points
- ExlService insider Vikas Bhalla sold 11,000 shares at an average price of $35.38, generating $389,180. The transaction, conducted under a pre-arranged Rule 10b5-1 plan, reduced his direct holdings by 9.14% to 109,295 shares.
- ExlService recently exceeded quarterly expectations, reporting $0.59 in EPS and $594.76 million in revenue, while revenue increased 15.6% year over year.
- Analysts maintain a generally positive outlook, with six Buy ratings and one Hold rating, an overall “Moderate Buy” consensus, and an average price target of $44.50 versus the stock’s reported $35.75 opening price.
ExlService Holdings, Inc. (NASDAQ:EXLS - Get Free Report) insider Vikas Bhalla sold 11,000 shares of the business's stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $35.38, for a total transaction of $389,180.00. Following the transaction, the insider directly owned 109,295 shares in the company, valued at approximately $3,866,857.10. The trade was a 9.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Vikas Bhalla also recently made the following trade(s):
- On Monday, August 3rd, Vikas Bhalla sold 11,000 shares of ExlService stock. The shares were sold at an average price of $34.99, for a total transaction of $384,890.00.
ExlService Trading Down 2.0%
ExlService stock opened at $35.75 on Friday. ExlService Holdings, Inc. has a 12-month low of $24.85 and a 12-month high of $43.88. The stock has a market cap of $5.42 billion, a P/E ratio of 22.48, a PEG ratio of 1.47 and a beta of 0.84. The company has a 50-day moving average price of $35.48 and a 200 day moving average price of $31.35.
ExlService (NASDAQ:EXLS - Get Free Report) last issued its earnings results on Tuesday, July 28th. The business services provider reported $0.59 EPS for the quarter, topping analysts' consensus estimates of $0.55 by $0.04. The company had revenue of $594.76 million for the quarter, compared to the consensus estimate of $573.94 million. ExlService had a net margin of 11.17% and a return on equity of 30.61%. ExlService's quarterly revenue was up 15.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.49 earnings per share. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. As a group, analysts forecast that ExlService Holdings, Inc. will post 1.82 EPS for the current year.
Institutional Trading of ExlService
Large investors have recently modified their holdings of the stock. Versant Capital Management Inc raised its stake in shares of ExlService by 14.6% in the third quarter. Versant Capital Management Inc now owns 2,261 shares of the business services provider's stock valued at $78,000 after acquiring an additional 288 shares in the last quarter. Diversified Trust Co grew its stake in ExlService by 5.2% during the 1st quarter. Diversified Trust Co now owns 7,441 shares of the business services provider's stock worth $227,000 after purchasing an additional 371 shares in the last quarter. QRG Capital Management Inc. grew its stake in ExlService by 3.2% during the 2nd quarter. QRG Capital Management Inc. now owns 14,604 shares of the business services provider's stock worth $378,000 after purchasing an additional 447 shares in the last quarter. Oregon Public Employees Retirement Fund increased its holdings in ExlService by 1.6% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 32,241 shares of the business services provider's stock worth $982,000 after purchasing an additional 500 shares during the period. Finally, Sequoia Financial Advisors LLC increased its holdings in ExlService by 9.5% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 7,791 shares of the business services provider's stock worth $201,000 after purchasing an additional 676 shares during the period. Hedge funds and other institutional investors own 92.92% of the company's stock.
Wall Street Analyst Weigh In
A number of research analysts recently commented on the company. Barrington Research set a $43.00 price objective on ExlService in a report on Thursday, July 30th. TD Cowen restated a "buy" rating and issued a $45.00 target price (up from $43.00) on shares of ExlService in a research report on Thursday, August 27th. Wall Street Zen raised ExlService from a "hold" rating to a "buy" rating in a research note on Saturday, September 26th. Weiss Ratings upgraded ExlService from a "hold (c-)" rating to a "hold (c)" rating in a report on Wednesday, September 2nd. Finally, Needham & Company LLC increased their price target on ExlService from $40.00 to $45.00 and gave the stock a "buy" rating in a report on Wednesday, July 29th. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, ExlService presently has an average rating of "Moderate Buy" and a consensus price target of $44.50.
Check Out Our Latest Stock Report on EXLS
ExlService Company Profile
(
Get Free Report)
ExlService Holdings, Inc (NASDAQ: EXLS), commonly known as EXL, is a data analytics and digital operations company that helps organizations use data, artificial intelligence and technology to improve business performance. The company combines analytics, digital transformation and business process expertise to support decision-making, streamline operations and manage complex workflows.
EXL provides services and technology solutions across areas including insurance, healthcare, banking and capital markets, retail and consumer goods, utilities, media, travel and transportation.
Featured Articles
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].
