Odyssean LLC Makes New $2.67 Million Investment in ExlService Holdings, Inc. $EXLS

Odyssean LLC acquired a new stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 103,080 shares of the business services provider’s stock, valued at approximately $2,666,000. Odyssean LLC owned 0.07% of ExlService at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. BlackRock Inc. purchased a new position in ExlService during the 2nd quarter valued at about $488,370,000. JPMorgan Chase & Co. boosted its stake in ExlService by 9.5% during the fourth quarter. JPMorgan Chase & Co. now owns 5,927,793 shares of the business services provider’s stock worth $251,576,000 after acquiring an additional 514,911 shares in the last quarter. AQR Capital Management LLC grew its holdings in ExlService by 109.7% in the fourth quarter. AQR Capital Management LLC now owns 4,118,625 shares of the business services provider’s stock worth $174,794,000 after purchasing an additional 2,154,652 shares during the period. Handelsbanken Fonder AB grew its holdings in ExlService by 10.7% in the fourth quarter. Handelsbanken Fonder AB now owns 3,781,036 shares of the business services provider’s stock worth $160,467,000 after purchasing an additional 364,146 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of ExlService by 1.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,902,412 shares of the business services provider’s stock valued at $123,181,000 after purchasing an additional 32,734 shares in the last quarter. Institutional investors own 92.92% of the company’s stock.

ExlService Stock Performance

NASDAQ:EXLS opened at $38.40 on Friday. The firm has a market cap of $5.82 billion, a P/E ratio of 24.15, a P/E/G ratio of 1.53 and a beta of 0.80. ExlService Holdings, Inc. has a fifty-two week low of $24.85 and a fifty-two week high of $45.08. The firm has a 50-day simple moving average of $31.13 and a two-hundred day simple moving average of $30.46.

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

Insiders Place Their Bets

In related news, insider Vikas Bhalla sold 12,000 shares of the company’s stock in a transaction that occurred on 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 directly owned 153,295 shares of the company’s stock, valued at approximately $4,632,574.90. This represents a 7.26% decrease in their position. The transaction was disclosed in a legal filing 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 currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of ExlService from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, August 19th. Barrington Research set a $43.00 price objective on ExlService in a research report on Thursday, July 30th. Robert W. Baird set a $45.00 price objective on ExlService and gave the company an “outperform” rating in a research report on Thursday, July 30th. Needham & Company LLC lifted their price objective on ExlService from $40.00 to $45.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Finally, TD Cowen reissued a “buy” rating and issued a $45.00 target price (up from $43.00) on shares of ExlService in a report on Thursday. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $44.50.

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.