ExlService (NASDAQ:EXLS) EVP Ajay Ayyappan Sells 5,093 Shares of Stock

ExlService Holdings, Inc. (NASDAQ:EXLS) EVP Ajay Ayyappan sold 5,093 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $29.11, for a total value of $148,257.23. Following the transaction, the executive vice president 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 Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ajay Ayyappan also recently made the following trade(s):

• On Monday, February 23rd, Ajay Ayyappan sold 1,197 shares of ExlService stock. The shares were sold at an average price of $29.79, for a total value of $35,658.63.

ExlService Trading Up 1.0%

Shares of EXLS stock opened at $29.51 on Friday. ExlService Holdings, Inc. has a 12 month low of $26.82 and a 12 month high of $48.54. The company has a quick ratio of 2.66, a current ratio of 2.66 and a debt-to-equity ratio of 0.53. The business’s 50 day moving average is $30.33 and its two-hundred day moving average is $35.39. The company has a market cap of $4.51 billion, a PE ratio of 18.80, a price-to-earnings-growth ratio of 1.24 and a beta of 0.87.

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

ExlService declared that its Board of Directors has approved a stock repurchase plan on Tuesday, March 17th that authorizes the company to buyback $125.00 million in outstanding shares. This buyback authorization authorizes the business services provider to reacquire up to 2.7% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

Institutional Trading of ExlService

Hedge funds have recently modified their holdings of the company. Empowered Funds LLC boosted its stake in ExlService by 277.7% during the first quarter. Empowered Funds LLC now owns 17,384 shares of the business services provider’s stock worth $821,000 after buying an additional 12,781 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in ExlService by 4.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 497,474 shares of the business services provider’s stock worth $23,486,000 after buying an additional 19,769 shares in the last quarter. Jane Street Group LLC acquired a new stake in ExlService during the first quarter worth $10,084,000. EverSource Wealth Advisors LLC boosted its stake in ExlService by 575.2% during the second quarter. EverSource Wealth Advisors LLC now owns 2,883 shares of the business services provider’s stock worth $126,000 after buying an additional 2,456 shares in the last quarter. Finally, Marshall Wace LLP acquired a new stake in ExlService during the second quarter worth $1,704,000. Institutional investors own 92.92% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on EXLS. JPMorgan Chase & Co. increased their price target on ExlService from $42.00 to $43.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Needham & Company LLC restated a “buy” rating and issued a $40.00 price objective (down from $55.00) on shares of ExlService in a research note on Wednesday, February 25th. Robert W. Baird set a $35.00 price objective on shares of ExlService in a research note on Wednesday, February 25th. Wall Street Zen upgraded shares of ExlService from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Finally, Barrington Research set a $40.00 price objective on shares of ExlService and gave the stock an “outperform” rating in a research note on Thursday, April 30th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $41.50.

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.