WINTON GROUP Ltd Sells 188,608 Shares of ExlService Holdings, Inc. $EXLS

WINTON GROUP Ltd lessened its stake in ExlService Holdings, Inc. (NASDAQ:EXLS) by 76.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 59,081 shares of the business services provider’s stock after selling 188,608 shares during the quarter. WINTON GROUP Ltd’s holdings in ExlService were worth $1,528,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Fox Run Management L.L.C. bought a new position in shares of ExlService during the 4th quarter valued at about $1,455,000. Counterpoint Mutual Funds LLC bought a new stake in shares of ExlService in the first quarter worth about $4,767,000. Rothschild Investment LLC increased its holdings 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 during the last quarter. OP Asset Management Ltd purchased a new stake in shares of ExlService in the first quarter worth about $3,412,000. Finally, Walleye Capital LLC lifted its position in shares of ExlService by 1,422.3% in the first quarter. Walleye Capital LLC now owns 244,509 shares of the business services provider’s stock worth $7,445,000 after buying an additional 228,447 shares in the last quarter. 92.92% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at ExlService

In other news, insider Vikas Bhalla sold 11,000 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $34.99, for a total transaction of $384,890.00. Following the transaction, the insider 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 filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.66% of the company’s stock.

ExlService Trading Up 1.8%

ExlService stock opened at $35.26 on Friday. ExlService Holdings, Inc. has a 12-month low of $24.85 and a 12-month high of $44.32. The firm has a 50-day moving average price of $33.17 and a 200-day moving average price of $30.88. The firm has a market capitalization of $5.35 billion, a PE ratio of 22.18, a price-to-earnings-growth ratio of 1.42 and a beta of 0.81.

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

Analyst Upgrades and Downgrades

EXLS has been the subject of several research analyst reports. TD Cowen restated a “buy” rating and set a $45.00 price target (up from $43.00) on shares of ExlService in a report on Thursday, August 27th. Robert W. Baird set a $45.00 price objective on ExlService and gave the stock an “outperform” rating in a report on Thursday, July 30th. Needham & Company LLC increased their target price on ExlService from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Wall Street Zen lowered shares of ExlService from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Barrington Research set a $43.00 price target on shares of ExlService in a research note on Thursday, July 30th. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $44.50.

About ExlService

ExlService Holdings, Inc (NASDAQ: EXLS), operating as EXL, is a global data analytics and digital operations company. It helps businesses use data, artificial intelligence and automation to improve decision-making, streamline processes and enhance customer experiences.

EXL provides services including advanced analytics, artificial intelligence, digital transformation, business process management, finance and accounting, customer care, claims administration, underwriting support and other industry-specific operations.