ExlService Holdings, Inc. $EXLS Holdings Trimmed by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. lowered its position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 89.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,295 shares of the business services provider’s stock after selling 83,301 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in ExlService were worth $437,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. CENTRAL TRUST Co boosted its stake in ExlService by 2,428.0% during the third quarter. CENTRAL TRUST Co now owns 632 shares of the business services provider’s stock valued at $28,000 after buying an additional 607 shares in the last quarter. True Wealth Design LLC boosted its stake in ExlService by 57.2% during the fourth quarter. True Wealth Design LLC now owns 706 shares of the business services provider’s stock valued at $30,000 after buying an additional 257 shares in the last quarter. Private Trust Co. NA boosted its stake in ExlService by 56.2% during the fourth quarter. Private Trust Co. NA now owns 717 shares of the business services provider’s stock valued at $30,000 after buying an additional 258 shares in the last quarter. V Square Quantitative Management LLC bought a new position in ExlService during the fourth quarter valued at about $33,000. Finally, Hantz Financial Services Inc. boosted its stake in ExlService by 183.1% during the fourth quarter. Hantz Financial Services Inc. now owns 1,353 shares of the business services provider’s stock valued at $57,000 after buying an additional 875 shares in the last quarter. Institutional investors own 92.92% of the company’s stock.

Insider Buying and Selling

In other ExlService news, EVP Ajay Ayyappan sold 5,093 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $29.11, for a total transaction of $148,257.23. Following the completion of the sale, the executive vice president directly owned 48,994 shares in the company, valued at approximately $1,426,215.34. This trade represents a 9.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available 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.

Analyst Ratings Changes

A number of research firms recently weighed in on EXLS. Barrington Research set a $40.00 price target on ExlService and gave the company an “outperform” rating in a research report on Thursday, April 30th. Weiss Ratings cut ExlService from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, May 29th. Robert W. Baird set a $35.00 price target on ExlService in a research note on Wednesday, February 25th. JPMorgan Chase & Co. lifted their price target on ExlService from $42.00 to $43.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $40.00 price target (down from $55.00) on shares of ExlService in a research note on Wednesday, February 25th. Five research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, ExlService presently has an average rating of “Moderate Buy” and an average target price of $41.50.

ExlService Trading Up 1.0%

Shares of EXLS opened at $29.67 on Friday. The business’s 50-day moving average price is $30.14 and its 200 day moving average price is $34.69. The stock has a market capitalization of $4.53 billion, a P/E ratio of 18.90, a P/E/G ratio of 1.24 and a beta of 0.82. ExlService Holdings, Inc. has a 1-year low of $26.82 and a 1-year high of $48.54. The company has a current ratio of 2.66, a quick ratio of 2.66 and a debt-to-equity ratio of 0.53.

ExlService (NASDAQ:EXLS) last issued its quarterly earnings results on Tuesday, April 28th. The business services provider reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. ExlService had a return on equity of 28.50% and a net margin of 11.66%.The firm had revenue of $570.35 million for the quarter, compared to analysts’ expectations of $557.67 million. During the same quarter last year, the business posted $0.48 EPS. ExlService’s revenue was up 13.8% on a year-over-year basis. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. Analysts expect that ExlService Holdings, Inc. will post 1.79 earnings per share for the current year.

ExlService announced that its Board of Directors has approved a share buyback program on Tuesday, March 17th that allows the company to buyback $125.00 million in shares. This buyback authorization allows the business services provider to purchase up to 2.7% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its stock is undervalued.

About ExlService

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.