Livforsakringsbolaget Skandia Omsesidigt Makes New Investment in ExlService Holdings, Inc. $EXLS

Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 85,400 shares of the business services provider’s stock, valued at approximately $2,599,000.

Several other institutional investors have also modified their holdings of EXLS. Empowered Funds LLC raised its holdings in ExlService by 277.7% during the 1st quarter. Empowered Funds LLC now owns 17,384 shares of the business services provider’s stock worth $821,000 after buying an additional 12,781 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of ExlService by 4.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 497,474 shares of the business services provider’s stock valued at $23,486,000 after buying an additional 19,769 shares during the period. Jane Street Group LLC acquired a new position in shares of ExlService in the first quarter valued at approximately $10,084,000. EverSource Wealth Advisors LLC increased its position in shares of ExlService by 575.2% during the second quarter. EverSource Wealth Advisors LLC now owns 2,883 shares of the business services provider’s stock worth $126,000 after acquiring an additional 2,456 shares in the last quarter. Finally, Marshall Wace LLP acquired a new stake in shares of ExlService during the second quarter worth $1,704,000. Institutional investors own 92.92% of the company’s stock.

ExlService Stock Performance

Shares of EXLS stock opened at $27.32 on Wednesday. The company’s fifty day simple moving average is $28.25 and its 200-day simple moving average is $32.09. The company has a quick ratio of 2.66, a current ratio of 2.66 and a debt-to-equity ratio of 0.53. The firm has a market cap of $4.17 billion, a PE ratio of 17.40, a P/E/G ratio of 1.20 and a beta of 0.84. ExlService Holdings, Inc. has a 12 month low of $24.85 and a 12 month high of $47.11.

ExlService (NASDAQ:EXLS) last announced its earnings results on Tuesday, April 28th. The business services provider reported $0.58 EPS for the quarter, topping the consensus estimate of $0.53 by $0.05. The business had revenue of $570.35 million during the quarter, compared to analysts’ expectations of $557.67 million. ExlService had a net margin of 11.66% and a return on equity of 28.50%. The firm’s revenue was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.48 earnings per share. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. Equities research analysts expect that ExlService Holdings, Inc. will post 1.8 EPS for the current fiscal year.

ExlService declared that its board has authorized a share buyback plan on Tuesday, March 17th that authorizes the company to repurchase $125.00 million in shares. This repurchase authorization authorizes the business services provider to purchase up to 2.7% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on EXLS shares. Barrington Research reaffirmed an “outperform” rating and issued a $40.00 price objective on shares of ExlService in a research report on Thursday, June 25th. JPMorgan Chase & Co. increased their target price on ExlService from $42.00 to $43.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. TD Cowen reissued a “buy” rating and issued a $39.00 price target (down from $45.00) on shares of ExlService in a research note on Thursday, July 9th. Finally, Weiss Ratings lowered ExlService from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, June 30th. Five analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $40.50.

Insider Activity

In other news, EVP Ajay Ayyappan sold 5,093 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $29.11, for a total transaction of $148,257.23. Following the completion of the transaction, the executive vice president directly owned 48,994 shares in the company, valued at $1,426,215.34. This represents a 9.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vikas Bhalla sold 12,000 shares of the firm’s stock in a transaction dated 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.66% of the company’s stock.

ExlService Company Profile

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.