Foyston Gordon & Payne Inc Purchases Shares of 142,215 ExlService Holdings, Inc. $EXLS

Foyston Gordon & Payne Inc purchased a new stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) during the second quarter, HoldingsChannel.com reports. The institutional investor purchased 142,215 shares of the business services provider’s stock, valued at approximately $3,737,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Quantbot Technologies LP acquired a new stake in ExlService in the 2nd quarter valued at approximately $955,000. Landscape Capital Management L.L.C. acquired a new position in ExlService during the 2nd quarter worth $415,000. Ieq Capital LLC bought a new position in shares of ExlService in the second quarter worth $1,016,000. Callan Family Office LLC acquired a new position in shares of ExlService during the second quarter valued at $369,000. Finally, Keebeck Wealth Management acquired a new position in shares of ExlService during the second quarter valued at $426,000. 92.92% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

EXLS has been the subject of several research analyst reports. Robert W. Baird set a $45.00 price objective on shares of ExlService and gave the stock an “outperform” rating in a report on Thursday, July 30th. Needham & Company LLC upped their price target on shares of 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 shares of ExlService in a research note on Thursday, July 30th. Weiss Ratings upgraded ExlService from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. lifted their price target on ExlService from $42.00 to $43.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Six analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $43.50.

ExlService Price Performance

EXLS stock opened at $37.53 on Friday. The firm has a market cap of $5.69 billion, a PE ratio of 23.60, a P/E/G ratio of 1.51 and a beta of 0.80. ExlService Holdings, Inc. has a 12 month low of $24.85 and a 12 month high of $45.08. The firm has a 50 day simple moving average of $30.08 and a 200 day simple moving average of $30.31.

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

Insider Buying and Selling at ExlService

In related news, insider Vikas Bhalla sold 12,000 shares of ExlService stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $30.22, for a total value of $362,640.00. Following the transaction, the insider owned 153,295 shares of the company’s stock, valued at approximately $4,632,574.90. This trade represents a 7.26% decrease in their position. 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. 3.66% of the stock is owned by company insiders.

ExlService 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.