Neumeier Poma Investment Counsel LLC purchased a new position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 309,798 shares of the business services provider’s stock, valued at approximately $8,011,376,000.
Other institutional investors have also modified their holdings of the company. Transamerica Financial Advisors LLC boosted its stake in shares of ExlService by 285.2% in the fourth quarter. Transamerica Financial Advisors LLC now owns 678 shares of the business services provider’s stock worth $29,000 after buying an additional 502 shares during the last quarter. Hantz Financial Services Inc. grew its holdings in ExlService by 183.1% during the fourth quarter. Hantz Financial Services Inc. now owns 1,353 shares of the business services provider’s stock worth $57,000 after acquiring an additional 875 shares during the period. Leonteq Securities AG purchased a new position in ExlService during the fourth quarter valued at approximately $59,000. Cache Advisors LLC purchased a new position in ExlService during the first quarter valued at approximately $69,000. Finally, CIBC Private Wealth Group LLC lifted its holdings in ExlService by 63.4% in the third quarter. CIBC Private Wealth Group LLC now owns 1,583 shares of the business services provider’s stock valued at $70,000 after acquiring an additional 614 shares during the period. Hedge funds and other institutional investors own 92.92% of the company’s stock.
Insider Activity
In other news, insider Vikas Bhalla sold 11,000 shares of ExlService stock in a transaction that occurred 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 $4,559,022.05. The trade was a 7.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is owned by corporate insiders.
ExlService Stock Performance
ExlService (NASDAQ:EXLS – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The business services provider reported $0.59 EPS 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 during the quarter, compared to analyst estimates of $573.94 million. During the same period in the previous year, the business earned $0.49 EPS. ExlService’s quarterly revenue was up 15.6% on a year-over-year basis. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. On average, sell-side analysts predict that ExlService Holdings, Inc. will post 1.82 EPS for the current fiscal year.
Analysts Set New Price Targets
Several research firms have commented on EXLS. Weiss Ratings upgraded ExlService from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday. Barrington Research set a $43.00 price target on shares of ExlService in a report on Thursday, July 30th. 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. TD Cowen restated a “buy” rating and set a $39.00 price target (down from $45.00) on shares of ExlService in a research report on Thursday, July 9th. Finally, 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 report on Thursday, April 30th. Six research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $43.50.
Get Our Latest Research Report on ExlService
ExlService Company 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.
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