Yorktown Management & Research Co Inc Purchases 6,000 Shares of ExlService Holdings, Inc. $EXLS

Yorktown Management & Research Co Inc grew its stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 49.6% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 18,100 shares of the business services provider’s stock after acquiring an additional 6,000 shares during the period. ExlService comprises 0.8% of Yorktown Management & Research Co Inc’s portfolio, making the stock its 24th biggest holding. Yorktown Management & Research Co Inc’s holdings in ExlService were worth $793,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Whittier Trust Co. purchased a new stake in ExlService in the first quarter worth approximately $45,000. Strategic Investment Solutions Inc. IL purchased a new stake in ExlService in the first quarter worth $77,000. Morse Asset Management Inc raised its holdings in ExlService by 51.8% in the first quarter. Morse Asset Management Inc now owns 1,685 shares of the business services provider’s stock worth $80,000 after purchasing an additional 575 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in ExlService by 25.7% in the first quarter. Caitong International Asset Management Co. Ltd now owns 1,803 shares of the business services provider’s stock worth $85,000 after purchasing an additional 369 shares in the last quarter. Finally, Vestcor Inc bought a new position in ExlService in the first quarter worth $106,000. 92.92% of the stock is currently owned by institutional investors.

Insider Transactions at ExlService

In related news, insider Vikas Bhalla sold 8,000 shares of the business’s stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $43.76, for a total transaction of $350,080.00. Following the completion of the transaction, the insider owned 127,046 shares in the company, valued at $5,559,532.96. The trade was a 5.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 4.04% of the stock is currently owned by insiders.

ExlService Stock Performance

NASDAQ:EXLS opened at $41.47 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 3.15 and a quick ratio of 3.15. ExlService Holdings, Inc. has a 1 year low of $38.36 and a 1 year high of $52.43. The stock’s 50 day simple moving average is $42.79 and its two-hundred day simple moving average is $44.08. The company has a market cap of $6.70 billion, a price-to-earnings ratio of 28.80, a PEG ratio of 1.90 and a beta of 0.86.

ExlService (NASDAQ:EXLS) last released its earnings results on Tuesday, October 28th. The business services provider reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.01. The firm had revenue of $529.59 million for the quarter, compared to the consensus estimate of $522.35 million. ExlService had a return on equity of 25.38% and a net margin of 12.00%.The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.44 EPS. ExlService has set its FY 2025 guidance at 1.880-1.920 EPS. As a group, equities analysts anticipate that ExlService Holdings, Inc. will post 1.27 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

EXLS has been the topic of several recent analyst reports. Weiss Ratings cut ExlService from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday. JPMorgan Chase & Co. lowered their price objective on ExlService from $56.00 to $52.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 20th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $52.40.

ExlService Profile

ExlService Holdings, Inc operates as a data analytics, and digital operations and solutions company in the United States and internationally. The company operates through Insurance, Healthcare, Analytics, and Emerging Business segments. It also provides digital operations and solutions and analytics-driven services, such as claims processing, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business acquisition, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer service using digital technology, artificial intelligence, machine learning, and advanced automation; digital customer acquisition services using a software-as-a-service delivery model through LifePRO and LISS platforms; subrogation services; and Subrosource software platform, an end-to-end subrogation platform.