Keebeck Wealth Management Purchases Shares of 16,478 ExlService Holdings, Inc. $EXLS

Keebeck Wealth Management acquired a new stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 16,478 shares of the business services provider’s stock, valued at approximately $426,000.

Several other large investors have also recently modified their holdings of EXLS. BlackRock Inc. purchased a new position in ExlService in the 2nd quarter worth approximately $488,370,000. JPMorgan Chase & Co. increased its stake in shares of ExlService by 9.5% in the fourth quarter. JPMorgan Chase & Co. now owns 5,927,793 shares of the business services provider’s stock worth $251,576,000 after buying an additional 514,911 shares during the period. AQR Capital Management LLC raised its holdings in ExlService by 109.7% during the 4th quarter. AQR Capital Management LLC now owns 4,118,625 shares of the business services provider’s stock valued at $174,794,000 after buying an additional 2,154,652 shares during the last quarter. Handelsbanken Fonder AB raised its holdings in ExlService by 10.7% during the 4th quarter. Handelsbanken Fonder AB now owns 3,781,036 shares of the business services provider’s stock valued at $160,467,000 after buying an additional 364,146 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in ExlService by 1.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,902,412 shares of the business services provider’s stock valued at $123,181,000 after buying an additional 32,734 shares during the period. Hedge funds and other institutional investors own 92.92% of the company’s stock.

Insider Buying and Selling

In other news, insider Vikas Bhalla sold 11,000 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $34.99, for a total value of $384,890.00. Following the sale, the insider directly owned 130,295 shares of the company’s stock, valued at approximately $4,559,022.05. This represents a 7.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 3.66% of the company’s stock.

Analyst Ratings Changes

EXLS has been the topic of a number of recent analyst reports. Robert W. Baird set a $45.00 price target on shares of ExlService and gave the stock an “outperform” rating in a report on Thursday, July 30th. Weiss Ratings upgraded shares of ExlService from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday. TD Cowen reissued a “buy” rating and issued a $39.00 target price (down from $45.00) on shares of ExlService in a research note on Thursday, July 9th. JPMorgan Chase & Co. raised their target price on ExlService from $42.00 to $43.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Finally, Needham & Company LLC boosted their price target on ExlService from $40.00 to $45.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, ExlService currently has a consensus rating of “Moderate Buy” and a consensus price target of $43.50.

ExlService Stock Performance

EXLS stock opened at $37.53 on Friday. The firm has a 50 day moving average price of $30.08 and a 200-day moving average price of $30.31. ExlService Holdings, Inc. has a 52-week low of $24.85 and a 52-week high of $45.08. The firm has a market capitalization of $5.69 billion, a price-to-earnings ratio of 23.60, a PEG ratio of 1.49 and a beta of 0.80.

ExlService (NASDAQ:EXLS) last posted its quarterly earnings results on Tuesday, July 28th. The business services provider reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.04. ExlService had a return on equity of 30.61% and a net margin of 11.17%.The company had revenue of $594.76 million for the quarter, compared to the consensus estimate of $573.94 million. During the same quarter in the prior year, the business posted $0.49 EPS. The firm’s quarterly revenue was up 15.6% compared to the same quarter last year. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. As a group, sell-side analysts forecast that ExlService Holdings, Inc. will post 1.82 earnings per share for the current fiscal year.

ExlService Profile

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.