ExlService (NASDAQ:EXLS) Insider Sells $389,180.00 in Stock

ExlService Holdings, Inc. (NASDAQ:EXLS) insider Vikas Bhalla sold 11,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $35.38, for a total transaction of $389,180.00. Following the transaction, the insider directly owned 109,295 shares in the company, valued at $3,866,857.10. This represents a 9.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Vikas Bhalla also recently made the following trade(s):

• On Monday, August 3rd, Vikas Bhalla sold 11,000 shares of ExlService stock. The shares were sold at an average price of $34.99, for a total transaction of $384,890.00.

ExlService Stock Performance

Shares of EXLS stock opened at $35.75 on Monday. The stock has a market cap of $5.42 billion, a P/E ratio of 22.48, a price-to-earnings-growth ratio of 1.44 and a beta of 0.84. ExlService Holdings, Inc. has a 1 year low of $24.85 and a 1 year high of $43.88. The stock has a 50 day simple moving average of $35.48 and a 200 day simple moving average of $31.37.

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

Analyst Ratings Changes

A number of brokerages have issued reports on EXLS. Wall Street Zen upgraded shares of ExlService from a “hold” rating to a “buy” rating in a research note on Saturday, September 26th. Weiss Ratings raised shares of ExlService from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, September 2nd. Robert W. Baird set a $45.00 price target on shares of ExlService and gave the stock an “outperform” rating in a research report on Thursday, July 30th. TD Cowen reissued a “buy” rating and issued a $45.00 price objective (up from $43.00) on shares of ExlService in a research note on Thursday, August 27th. Finally, Barrington Research set a $43.00 target price on ExlService in a research note on Thursday, July 30th. Six investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, ExlService presently has an average rating of “Moderate Buy” and an average target price of $44.50.

Institutional Investors Weigh In On ExlService

A number of hedge funds have recently made changes to their positions in EXLS. Hantz Financial Services Inc. increased its position in ExlService by 183.1% during the 4th quarter. Hantz Financial Services Inc. now owns 1,353 shares of the business services provider’s stock worth $57,000 after purchasing an additional 875 shares in the last quarter. Transamerica Financial Advisors LLC acquired a new stake in ExlService in the second quarter valued at approximately $60,000. Cache Advisors LLC bought a new stake in shares of ExlService during the first quarter worth $69,000. Westpac Banking Corp bought a new stake in shares of ExlService during the first quarter worth $71,000. Finally, Flputnam Investment Management Co. acquired a new position in shares of ExlService during the second quarter worth $71,000. 92.92% of the stock is currently owned by institutional investors and hedge funds.

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.