Landscape Capital Management L.L.C. acquired a new position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 16,063 shares of the business services provider’s stock, valued at approximately $415,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ieq Capital LLC acquired a new position in shares of ExlService during the second quarter worth approximately $1,016,000. Callan Family Office LLC acquired a new stake in shares of ExlService in the second quarter valued at approximately $369,000. Keebeck Wealth Management bought a new position in ExlService in the 2nd quarter worth approximately $426,000. Allworth Financial LP bought a new position in ExlService in the 2nd quarter worth approximately $79,000. Finally, Vise Technologies Inc. bought a new position in ExlService in the 2nd quarter worth approximately $594,000. Institutional investors and hedge funds own 92.92% of the company’s stock.
Insider Activity
In other news, insider Vikas Bhalla sold 12,000 shares of the business’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $30.22, for a total value of $362,640.00. Following the completion of the transaction, the insider owned 153,295 shares of the company’s stock, valued at $4,632,574.90. The trade was a 7.26% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is owned by company insiders.
ExlService Price Performance
ExlService (NASDAQ:EXLS – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The business services provider reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. ExlService had a net margin of 11.17% and a return on equity of 30.61%. The firm had revenue of $594.76 million during the quarter, compared to analysts’ expectations of $573.94 million. During the same quarter in the previous year, the company earned $0.49 earnings per share. The business’s revenue for the quarter was up 15.6% on a year-over-year basis. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. Equities research analysts expect that ExlService Holdings, Inc. will post 1.82 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of research analysts have commented on the company. Weiss Ratings upgraded ExlService from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, August 19th. TD Cowen restated a “buy” rating and set a $39.00 target price (down from $45.00) on shares of ExlService in a research report on Thursday, July 9th. JPMorgan Chase & Co. upped their price target on 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 $43.00 price target on ExlService in a report on Thursday, July 30th. Finally, Robert W. Baird set a $45.00 price objective on ExlService and gave the stock an “outperform” rating in a research report on Thursday, July 30th. Six analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $43.50.
Read Our Latest Stock Analysis on EXLS
About ExlService
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.
Read More
- Five stocks we like better than ExlService
- Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters
- Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain
- Snowflake Could Be Headed for New Highs Despite Insider Selling
- MongoDB Is Surging—And the Next Catalyst Is Almost Here
Want to see what other hedge funds are holding EXLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ExlService Holdings, Inc. (NASDAQ:EXLS – Free Report).
Receive News & Ratings for ExlService Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ExlService and related companies with MarketBeat.com's FREE daily email newsletter.
