ExlService Holdings, Inc. $EXLS Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC increased its holdings in ExlService Holdings, Inc. (NASDAQ:EXLS) by 2,001.5% during the first quarter, Holdings Channel reports. The firm owned 383,004 shares of the business services provider’s stock after purchasing an additional 364,779 shares during the period. SG Americas Securities LLC’s holdings in ExlService were worth $11,662,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Transamerica Financial Advisors LLC boosted its holdings in ExlService by 285.2% during the fourth quarter. Transamerica Financial Advisors LLC now owns 678 shares of the business services provider’s stock worth $29,000 after buying an additional 502 shares in the last quarter. True Wealth Design LLC lifted its position in shares of ExlService by 57.2% during the 4th quarter. True Wealth Design LLC now owns 706 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 257 shares during the last quarter. Private Trust Co. NA lifted its position in shares of ExlService by 56.2% during the 4th quarter. Private Trust Co. NA now owns 717 shares of the business services provider’s stock valued at $30,000 after acquiring an additional 258 shares during the last quarter. V Square Quantitative Management LLC bought a new stake in shares of ExlService during the 4th quarter worth $33,000. Finally, Hantz Financial Services Inc. boosted its stake in shares of ExlService by 183.1% during the 4th quarter. Hantz Financial Services Inc. now owns 1,353 shares of the business services provider’s stock worth $57,000 after acquiring an additional 875 shares in the last quarter. 92.92% of the stock is owned by institutional investors and hedge funds.

ExlService Stock Performance

Shares of ExlService stock 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 business has a fifty day simple moving average of $29.24 and a 200-day simple moving average of $33.41. 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 12 month low of $25.15 and a 12 month high of $47.11.

ExlService (NASDAQ:EXLS) last posted its quarterly earnings results on Tuesday, April 28th. The business services provider reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.05. The firm had revenue of $570.35 million for the quarter, compared to analyst estimates of $557.67 million. ExlService had a return on equity of 28.50% and a net margin of 11.66%.ExlService’s quarterly revenue was up 13.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.48 earnings per share. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. On average, sell-side analysts anticipate that ExlService Holdings, Inc. will post 1.8 EPS for the current fiscal year.

ExlService declared that its board 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 purchase up to 2.7% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s leadership believes its stock is undervalued.

Insider Activity

In related news, insider Vikas Bhalla sold 12,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $30.22, for a total transaction of $362,640.00. Following the completion of the sale, the insider directly owned 153,295 shares in the company, valued at approximately $4,632,574.90. This trade represents a 7.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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 that occurred on Wednesday, May 20th. The shares were sold at an average price of $29.11, for a total transaction of $148,257.23. Following the transaction, the executive vice president directly owned 48,994 shares in the company, valued at $1,426,215.34. The trade was 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.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on EXLS shares. TD Cowen reaffirmed a “buy” rating on shares of ExlService in a research report on Wednesday, June 17th. Weiss Ratings upgraded ExlService from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, June 15th. Barrington Research reaffirmed an “outperform” rating and set a $40.00 price objective on shares of ExlService in a research note on Thursday. Finally, JPMorgan Chase & Co. lifted their target price 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 investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, ExlService has an average rating of “Moderate Buy” and an average target price of $41.50.

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.