ExlService Holdings, Inc. $EXLS Shares Purchased by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH boosted its holdings in ExlService Holdings, Inc. (NASDAQ:EXLS) by 6.2% in the third quarter, Holdings Channel reports. The institutional investor owned 1,775,966 shares of the business services provider’s stock after buying an additional 103,789 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in ExlService were worth $61,058,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in EXLS. GK Wealth Management LLC bought a new stake in ExlService during the 3rd quarter worth approximately $58,000. Transamerica Financial Advisors LLC bought a new position in shares of ExlService during the second quarter valued at $60,000. Cache Advisors LLC acquired a new position in shares of ExlService during the first quarter worth $69,000. Westpac Banking Corp acquired a new position in shares of ExlService during the first quarter worth $71,000. Finally, Flputnam Investment Management Co. bought a new stake in shares of ExlService in the second quarter worth $71,000. 92.92% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. Robert W. Baird set a $45.00 price objective on ExlService and gave the company an “outperform” rating in a report on Thursday, July 30th. TD Cowen reiterated a “buy” rating and issued a $45.00 target price (up from $43.00) on shares of ExlService in a report on Thursday, August 27th. Weiss Ratings raised shares of ExlService from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, September 2nd. Wall Street Zen upgraded shares of ExlService from a “hold” rating to a “buy” rating in a research report on Saturday, September 26th. Finally, Needham & Company LLC increased their price objective on shares of ExlService from $40.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, ExlService presently has a consensus rating of “Moderate Buy” and an average target price of $44.50.

Insiders Place Their Bets

In other ExlService news, insider Vikas Bhalla sold 11,000 shares of ExlService stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $35.38, for a total value of $389,180.00. Following the completion of the sale, the insider directly owned 109,295 shares in the company, valued at approximately $3,866,857.10. The trade was a 9.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.66% of the company’s stock.

ExlService Trading Up 0.4%

EXLS stock opened at $37.36 on Thursday. The firm has a market cap of $5.66 billion, a PE ratio of 21.75, a price-to-earnings-growth ratio of 1.49 and a beta of 0.84. The stock has a 50-day moving average price of $36.00 and a 200-day moving average price of $31.70. ExlService Holdings, Inc. has a 1-year low of $24.85 and a 1-year high of $43.88.

ExlService (NASDAQ:EXLS) last announced its earnings results 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. ExlService had a return on equity of 30.61% and a net margin of 11.17%. The company had revenue of $594.76 million for the quarter, compared to analyst estimates of $573.94 million. During the same quarter in the prior year, the company earned $0.49 EPS. The firm’s revenue for the quarter was up 15.6% compared to the same quarter last year. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. On average, analysts forecast that ExlService Holdings, Inc. will post 1.82 earnings per share for the current year.

ExlService Company Profile

ExlService Holdings, Inc (NASDAQ: EXLS), commonly known as EXL, is a data analytics and digital operations company that helps organizations use data, artificial intelligence and technology to improve business performance. The company combines analytics, digital transformation and business process expertise to support decision-making, streamline operations and manage complex workflows.

EXL provides services and technology solutions across areas including insurance, healthcare, banking and capital markets, retail and consumer goods, utilities, media, travel and transportation.