Caisse de depot et placement du Quebec Invests $10.84 Million in ExlService Holdings, Inc. $EXLS

Caisse de depot et placement du Quebec acquired a new position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) in the second quarter, HoldingsChannel reports. The fund acquired 419,288 shares of the business services provider’s stock, valued at approximately $10,843,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in EXLS. Fox Run Management L.L.C. bought a new stake in ExlService during the 4th quarter worth approximately $1,455,000. UBS Group AG boosted its position in shares of ExlService by 103.6% in the fourth quarter. UBS Group AG now owns 1,091,714 shares of the business services provider’s stock worth $46,332,000 after purchasing an additional 555,382 shares during the period. Counterpoint Mutual Funds LLC purchased a new stake in shares of ExlService in the first quarter worth $4,767,000. Rothschild Investment LLC increased its stake in shares of ExlService by 2,883.0% in the fourth quarter. Rothschild Investment LLC now owns 65,894 shares of the business services provider’s stock worth $2,797,000 after purchasing an additional 63,685 shares in the last quarter. Finally, OP Asset Management Ltd bought a new stake in shares of ExlService during the 1st quarter valued at $3,412,000. Institutional investors own 92.92% of the company’s stock.

ExlService Price Performance

NASDAQ:EXLS opened at $38.40 on Friday. The company has a market cap of $5.82 billion, a price-to-earnings ratio of 24.15, a PEG ratio of 1.53 and a beta of 0.80. ExlService Holdings, Inc. has a 1 year low of $24.85 and a 1 year high of $45.08. The stock’s 50 day simple moving average is $31.13 and its two-hundred day simple moving average is $30.46.

ExlService (NASDAQ:EXLS) last posted its earnings results on Tuesday, July 28th. The business services provider reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. ExlService had a return on equity of 30.61% and a net margin of 11.17%.The firm had revenue of $594.76 million during the quarter, compared to the consensus estimate of $573.94 million. During the same period in the prior year, the company earned $0.49 EPS. The company’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, analysts anticipate that ExlService Holdings, Inc. will post 1.82 EPS for the current year.

Insider Buying and Selling

In other ExlService news, insider Vikas Bhalla sold 12,000 shares of ExlService 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 directly owned 153,295 shares of the company’s stock, valued at $4,632,574.90. This trade represents a 7.26% decrease in their position. The sale was disclosed in a 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 company insiders.

Wall Street Analysts Forecast Growth

EXLS has been the topic of a number of analyst reports. Weiss Ratings upgraded shares of ExlService from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, August 19th. Needham & Company LLC increased their price target on ExlService from $40.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Barrington Research set a $43.00 price objective on ExlService in a research report on Thursday, July 30th. TD Cowen reaffirmed a “buy” rating and issued a $45.00 price objective (up from $43.00) on shares of ExlService in a research note on Thursday. Finally, Robert W. Baird set a $45.00 price objective on ExlService and gave the stock an “outperform” rating in a research note on Thursday, July 30th. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $44.50.

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.