ExlService Holdings, Inc. $EXLS Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC decreased its holdings in ExlService Holdings, Inc. (NASDAQ:EXLS) by 54.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 205,651 shares of the business services provider’s stock after selling 246,273 shares during the quarter. Hsbc Holdings PLC’s holdings in ExlService were worth $8,767,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Transamerica Financial Advisors LLC raised its stake in shares of ExlService by 285.2% in the fourth quarter. Transamerica Financial Advisors LLC now owns 678 shares of the business services provider’s stock valued at $29,000 after acquiring an additional 502 shares in the last quarter. True Wealth Design LLC grew its stake in ExlService by 57.2% during the 4th quarter. True Wealth Design LLC now owns 706 shares of the business services provider’s stock worth $30,000 after purchasing an additional 257 shares in the last quarter. Private Trust Co. NA increased its holdings in ExlService by 56.2% during the 4th quarter. Private Trust Co. NA now owns 717 shares of the business services provider’s stock worth $30,000 after purchasing an additional 258 shares during the period. V Square Quantitative Management LLC acquired a new stake in ExlService in the 4th quarter valued at about $33,000. Finally, Hantz Financial Services Inc. boosted its stake in shares of ExlService by 183.1% in the 4th 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 during the period. Hedge funds and other institutional investors own 92.92% of the company’s stock.

Insider Buying and Selling

In other news, insider Vikas Bhalla sold 12,000 shares of the firm’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $30.22, for a total value of $362,640.00. Following the completion of the sale, the insider owned 153,295 shares in the company, valued at approximately $4,632,574.90. This trade represents a 7.26% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Ajay Ayyappan sold 5,093 shares of the business’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 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.66% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on EXLS shares. Barrington Research reaffirmed an “outperform” rating and issued a $40.00 target price on shares of ExlService in a report on Thursday. TD Cowen reissued a “buy” rating on shares of ExlService in a research report on Wednesday, June 17th. Weiss Ratings upgraded shares of ExlService from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, June 15th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of ExlService from $42.00 to $43.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $41.50.

ExlService Stock Up 3.0%

Shares of NASDAQ EXLS opened at $25.98 on Friday. The stock has a market cap of $3.97 billion, a PE ratio of 16.55, a price-to-earnings-growth ratio of 1.06 and a beta of 0.82. The company has a quick ratio of 2.66, a current ratio of 2.66 and a debt-to-equity ratio of 0.53. ExlService Holdings, Inc. has a 52-week low of $25.15 and a 52-week high of $47.11. The business has a 50-day moving average price of $29.24 and a 200 day moving average price of $33.41.

ExlService (NASDAQ:EXLS) last released its quarterly earnings results on Tuesday, April 28th. The business services provider reported $0.58 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 company had revenue of $570.35 million for the quarter, compared to analyst estimates of $557.67 million. During the same quarter in the previous year, the company posted $0.48 earnings per share. The firm’s 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. Equities research analysts forecast that ExlService Holdings, Inc. will post 1.8 earnings per share for the current year.

ExlService announced that its board has authorized a share buyback plan on Tuesday, March 17th that allows the company to repurchase $125.00 million in outstanding shares. This repurchase authorization allows the business services provider to repurchase up to 2.7% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board of directors believes its shares are undervalued.

ExlService 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.