ExlService Holdings, Inc. $EXLS Shares Sold by William Blair Investment Management LLC

William Blair Investment Management LLC cut its holdings in ExlService Holdings, Inc. (NASDAQ:EXLS) by 9.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,897,088 shares of the business services provider’s stock after selling 290,440 shares during the quarter. William Blair Investment Management LLC owned about 1.83% of ExlService worth $127,559,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in EXLS. Mather Group LLC. purchased a new stake in shares of ExlService during the third quarter worth approximately $25,000. CENTRAL TRUST Co lifted its stake in shares of ExlService by 2,428.0% in the 3rd quarter. CENTRAL TRUST Co now owns 632 shares of the business services provider’s stock worth $28,000 after acquiring an additional 607 shares during the period. First Horizon Corp purchased a new stake in shares of ExlService in the third quarter valued at about $32,000. Farther Finance Advisors LLC boosted its holdings in shares of ExlService by 533.6% in the third quarter. Farther Finance Advisors LLC now owns 792 shares of the business services provider’s stock valued at $35,000 after acquiring an additional 667 shares in the last quarter. Finally, Twin Peaks Wealth Advisors LLC purchased a new position in ExlService during the second quarter worth about $43,000. Institutional investors and hedge funds own 92.92% of the company’s stock.

Insider Buying and Selling at ExlService

In related news, insider Vikas Bhalla sold 11,774 shares of ExlService stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $39.99, for a total transaction of $470,842.26. Following the completion of the sale, the insider owned 115,272 shares in the company, valued at approximately $4,609,727.28. This trade represents a 9.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Ajay Ayyappan sold 8,114 shares of the business’s stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $42.53, for a total transaction of $345,088.42. Following the completion of the transaction, the executive vice president directly owned 53,515 shares of the company’s stock, valued at $2,275,992.95. The trade was a 13.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 23,360 shares of company stock valued at $920,567 in the last three months. 4.04% of the stock is currently owned by company insiders.

More ExlService News

Here are the key news stories impacting ExlService this week:

• Positive Sentiment: Q4 beat and raised/above-consensus FY‑2026 guidance — revenue and adjusted EPS topped expectations and management provided FY‑26 EPS guidance that reassured investors on near-term fundamentals. EXL Reports 2025 Fourth Quarter and Year-End Results; Issues 2026 Guidance
• Positive Sentiment: Management guidance and AI push — company projects 9%–11% organic growth for 2026 and is expanding AI-led services and cloud offerings, supporting revenue growth and higher-margin mix upside. ExlService expects 9%-11% organic growth in 2026 while expanding AI-led services
• Positive Sentiment: Strategic capital allocation & product shift — commentary on buybacks, cloud migration and updated targets signals management is prioritizing scalable, higher‑margin initiatives that can support multiple expansion if execution continues. How The ExlService (EXLS) Story Is Shifting With New Targets Buybacks And Cloud Moves
• Neutral Sentiment: Analyst target trims but buy ratings remain — TD Cowen and Stifel cut price targets (to $45 and $46) while keeping Buy ratings, narrowing upside expectations but still implying meaningful upside from current levels. Assessing ExlService Hldgs: Insights From 4 Financial Analysts
• Neutral Sentiment: Short-interest report appears unreliable — February short-interest data shows zero shares (likely a reporting glitch), so there’s no clear short-squeeze pressure indicated.
• Negative Sentiment: Insider selling disclosed — EVP Ajay Ayyappan sold ~1,197 shares recently; while small in dollar terms relative to institutional ownership, insider sales can be viewed negatively by some market participants. SEC Form 4 — Insider Sale
• Negative Sentiment: Technical/momentum headwinds — shares remain below the 50‑ and 200‑day moving averages, which can limit near-term upside until technicals improve and sustain a trend reversal.

Analyst Ratings Changes

A number of equities research analysts have weighed in on EXLS shares. Robert W. Baird set a $35.00 price objective on ExlService in a report on Wednesday. Weiss Ratings reiterated a “hold (c+)” rating on shares of ExlService in a research report on Thursday, January 22nd. TD Cowen lowered their price target on shares of ExlService from $51.00 to $45.00 and set a “buy” rating on the stock in a research note on Thursday. Wall Street Zen upgraded shares of ExlService from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Finally, Needham & Company LLC restated a “buy” rating and set a $40.00 target price (down from $55.00) on shares of ExlService in a research report on Wednesday. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $43.60.

ExlService Stock Performance

Shares of EXLS opened at $31.25 on Friday. ExlService Holdings, Inc. has a 12-month low of $26.94 and a 12-month high of $48.79. The stock has a market cap of $4.89 billion, a P/E ratio of 20.29, a PEG ratio of 1.26 and a beta of 0.88. The company has a current ratio of 2.56, a quick ratio of 2.91 and a debt-to-equity ratio of 0.32. The company has a 50-day moving average of $37.71 and a two-hundred day moving average of $40.29.

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.