Insider Selling: ExlService (NASDAQ:EXLS) Insider Sells $362,640.00 in Stock

ExlService Holdings, Inc. (NASDAQ:EXLS) insider Vikas Bhalla sold 12,000 shares of ExlService 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 owned 153,295 shares of the company’s stock, valued at $4,632,574.90. This represents a 7.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

ExlService Trading Down 2.3%

Shares of ExlService stock opened at $29.02 on Thursday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 2.66. ExlService Holdings, Inc. has a 1 year low of $26.82 and a 1 year high of $48.54. The company has a market capitalization of $4.43 billion, a P/E ratio of 18.48, a P/E/G ratio of 1.26 and a beta of 0.82. The business has a 50 day moving average price of $30.09 and a 200 day moving average price of $34.46.

ExlService (NASDAQ:EXLS) last issued its quarterly earnings data on Tuesday, April 28th. The business services provider reported $0.58 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $570.35 million during the quarter, compared to the consensus estimate of $557.67 million. During the same period in the previous year, the firm posted $0.48 EPS. The company’s quarterly revenue was up 13.8% compared to the same quarter last year. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. Sell-side analysts anticipate that ExlService Holdings, Inc. will post 1.79 EPS for the current fiscal year.

ExlService announced that its board has approved a stock buyback program on Tuesday, March 17th that permits the company to repurchase $125.00 million in shares. This repurchase authorization permits the business services provider to repurchase up to 2.7% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. M&G PLC purchased a new stake in ExlService during the third quarter valued at about $12,527,000. Nordea Investment Management AB purchased a new stake in ExlService during the fourth quarter valued at about $23,570,000. Aberdeen Group plc lifted its stake in ExlService by 18.8% during the fourth quarter. Aberdeen Group plc now owns 562,437 shares of the business services provider’s stock valued at $23,870,000 after buying an additional 89,194 shares in the last quarter. UBS Group AG lifted its stake in ExlService by 103.6% during the fourth quarter. UBS Group AG now owns 1,091,714 shares of the business services provider’s stock valued at $46,332,000 after buying an additional 555,382 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH lifted its stake in ExlService by 18.5% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 693,008 shares of the business services provider’s stock valued at $29,411,000 after buying an additional 108,398 shares in the last quarter. Hedge funds and other institutional investors own 92.92% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Needham & Company LLC reiterated a “buy” rating and issued a $40.00 price target (down from $55.00) on shares of ExlService in a report on Wednesday, February 25th. Robert W. Baird set a $35.00 price target on shares of ExlService in a report on Wednesday, February 25th. TD Cowen decreased their price target on shares of ExlService from $51.00 to $45.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Barrington Research set a $40.00 price target on shares of ExlService and gave the company an “outperform” rating in a report on Thursday, April 30th. Finally, Stifel Nicolaus decreased their price target on shares of ExlService from $54.00 to $46.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Five investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, ExlService presently has a consensus rating of “Moderate Buy” and an average price target of $41.50.

ExlService Company 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.