UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Cuts Stake in ExlService Holdings, Inc. $EXLS

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its holdings in shares of ExlService Holdings, Inc. (NASDAQ:EXLSFree Report) by 4.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 456,253 shares of the business services provider’s stock after selling 20,325 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.30% of ExlService worth $11,799,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Fox Run Management L.L.C. acquired a new stake in ExlService in the fourth quarter worth about $1,455,000. Counterpoint Mutual Funds LLC acquired a new position in shares of ExlService during the first quarter valued at about $4,767,000. Rothschild Investment LLC increased its holdings in shares of ExlService by 2,883.0% during the fourth quarter. Rothschild Investment LLC now owns 65,894 shares of the business services provider’s stock valued at $2,797,000 after acquiring an additional 63,685 shares in the last quarter. OP Asset Management Ltd purchased a new position in shares of ExlService in the 1st quarter valued at approximately $3,412,000. Finally, Walleye Capital LLC raised its position in shares of ExlService by 1,422.3% in the 1st quarter. Walleye Capital LLC now owns 244,509 shares of the business services provider’s stock valued at $7,445,000 after purchasing an additional 228,447 shares during the last quarter. Institutional investors and hedge funds own 92.92% of the company’s stock.

Wall Street Analysts Forecast Growth

EXLS has been the topic of several research analyst reports. TD Cowen reissued a “buy” rating and set a $45.00 target price (up from $43.00) on shares of ExlService in a research report on Thursday, August 27th. Weiss Ratings raised shares of ExlService from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday. Barrington Research set a $43.00 price objective on shares of ExlService in a research note on Thursday, July 30th. Needham & Company LLC boosted their price objective on shares of ExlService from $40.00 to $45.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Finally, Robert W. Baird set a $45.00 target price on ExlService and gave the company 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, ExlService has an average rating of “Moderate Buy” and an average target price of $44.50.

Check Out Our Latest Research Report on ExlService

ExlService Stock Performance

Shares of NASDAQ:EXLS opened at $36.63 on Monday. ExlService Holdings, Inc. has a twelve month low of $24.85 and a twelve month high of $45.08. The company’s 50 day moving average is $32.27 and its 200 day moving average is $30.70. The company has a market cap of $5.55 billion, a PE ratio of 23.04, a price-to-earnings-growth ratio of 1.47 and a beta of 0.81.

ExlService (NASDAQ:EXLSGet Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The business services provider reported $0.59 EPS for the quarter, beating the consensus estimate of $0.55 by $0.04. The business had revenue of $594.76 million during the quarter, compared to analysts’ expectations of $573.94 million. ExlService had a net margin of 11.17% and a return on equity of 30.61%. The business’s quarterly revenue was up 15.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.49 EPS. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. Equities research analysts predict that ExlService Holdings, Inc. will post 1.82 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Vikas Bhalla sold 11,000 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $34.99, for a total transaction of $384,890.00. Following the completion of the transaction, the insider directly owned 130,295 shares in the company, valued at $4,559,022.05. The trade was a 7.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, 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 currently owned by company insiders.

ExlService Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for ExlService (NASDAQ:EXLS)

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