ExlService Holdings, Inc. $EXLS Stock: Inspire Investing LLC Cuts Position

Inspire Investing LLC cut its holdings in ExlService Holdings, Inc. (NASDAQ:EXLS) by 47.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,421 shares of the business services provider’s stock after selling 16,713 shares during the period. Inspire Investing LLC’s holdings in ExlService were worth $633,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. GK Wealth Management LLC purchased a new stake in shares of ExlService during the third quarter valued at approximately $58,000. Transamerica Financial Advisors LLC bought a new stake in ExlService during the second quarter worth $60,000. Westpac Banking Corp purchased a new position in ExlService in the first quarter worth $71,000. Flputnam Investment Management Co. purchased a new position in ExlService in the second quarter worth $71,000. Finally, Farther Finance Advisors LLC boosted its position in ExlService by 100.3% in the third quarter. Farther Finance Advisors LLC now owns 2,107 shares of the business services provider’s stock worth $72,000 after purchasing an additional 1,055 shares during the last quarter. 92.92% of the stock is owned by institutional investors.

ExlService Stock Up 0.8%

ExlService stock opened at $41.43 on Friday. The firm has a 50 day moving average price of $37.33 and a 200-day moving average price of $32.80. The company has a quick ratio of 1.24, a current ratio of 2.16 and a debt-to-equity ratio of 0.54. ExlService Holdings, Inc. has a twelve month low of $24.85 and a twelve month high of $43.88. The company has a market capitalization of $6.25 billion, a P/E ratio of 22.59, a P/E/G ratio of 1.51 and a beta of 0.84.

ExlService (NASDAQ:EXLS) last posted its quarterly earnings results on Tuesday, October 27th. The business services provider reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.06. ExlService had a net margin of 11.13% and a return on equity of 32.53%. The company had revenue of $633.96 million for the quarter, compared to analysts’ expectations of $615.51 million. During the same quarter in the previous year, the firm posted $0.48 EPS. ExlService’s revenue was up 19.7% on a year-over-year basis. As a group, equities analysts predict that ExlService Holdings, Inc. will post 1.85 EPS for the current year.

Analysts Set New Price Targets

EXLS has been the subject of a number of recent analyst reports. Wall Street Zen upgraded ExlService from a “hold” rating to a “buy” rating in a research note on Saturday, September 26th. Barrington Research lifted their target price on ExlService from $43.00 to $48.00 and gave the stock an “outperform” rating in a research note on Thursday. TD Cowen lifted their target price on ExlService from $45.00 to $49.00 and gave the stock a “buy” rating in a research note on Thursday. Stifel Nicolaus boosted their price target on shares of ExlService from $46.00 to $48.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Needham & Company LLC increased their price target on shares of ExlService from $45.00 to $50.00 and gave the company a “buy” rating in a research report on Wednesday. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $48.17.

Insider Transactions at ExlService

In other ExlService news, insider Vikas Bhalla sold 11,000 shares of the firm’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $35.38, for a total value of $389,180.00. Following the completion of the sale, the insider directly owned 109,295 shares of the company’s stock, valued at $3,866,857.10. This trade represents a 9.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is owned by corporate insiders.

Key Headlines Impacting ExlService

Here are the key news stories impacting ExlService this week:

• Positive Sentiment: OpenAI partnership strengthens AI growth narrative. EXL was named an OpenAI Select Partner, giving it access to resources and support to develop, sell, and deliver OpenAI-based solutions. The designation may improve the company’s credibility with enterprise customers and support demand for its data and AI services. EXL named an OpenAI Select Partner
• Positive Sentiment: Analysts continue to raise their expectations. Stifel Nicolaus raised its target to $48, TD Cowen lifted its target to $49, JPMorgan increased its target to $49, and Barrington Research raised its target to $48 while maintaining an outperform rating. These revisions reinforce positive sentiment and imply additional upside, although price targets are not guarantees. TD Cowen raises ExlService price target
• Positive Sentiment: AI-focused product expansion adds another potential growth driver. EXL introduced iMerit Scholars for regulated AI work, highlighting its effort to address specialized data and compliance requirements in industries where accuracy and oversight are important. ExlService debuts iMerit Scholars
• Positive Sentiment: Wall Street sees substantial potential upside. The average analyst price target indicates roughly 45% upside, while recent earnings-estimate revisions suggest improving expectations for EXL’s financial performance. ExlService analyst price target outlook
• Neutral Sentiment: Valuation remains a consideration. A comparison with Nutanix examines which stock offers better value, suggesting investors may weigh EXLS’s growth and AI prospects against its current valuation and the alternatives available in IT services. EXLS versus NTNX value comparison

ExlService Profile

ExlService Holdings, Inc, operating under the EXL brand, is a data analytics and digital operations company that helps businesses use data, technology and artificial intelligence to improve decision-making, manage risk and enhance operational performance. Its services include data management, advanced analytics, business process solutions, automation and technology-enabled transformation.

EXL serves clients across industries including insurance, healthcare, banking and capital markets, utilities, travel and transportation, retail, media and manufacturing.