ExlService (NASDAQ:EXLS) EVP Sells 5,093 Shares

ExlService Holdings, Inc. (NASDAQ:EXLS) EVP Ajay Ayyappan sold 5,093 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at $1,426,215.34. This trade represents a 9.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through 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 stock was sold at an average price of $29.79, for a total value of $35,658.63.

ExlService Stock Up 1.0%

NASDAQ EXLS traded up $0.28 during trading hours on Friday, hitting $29.51. 1,631,007 shares of the company were exchanged, compared to its average volume of 2,241,050. The company has a 50 day moving average of $30.35 and a two-hundred day moving average of $35.43. 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 $26.82 and a 52-week high of $48.54. The firm has a market cap of $4.51 billion, a price-to-earnings ratio of 18.80, a PEG ratio of 1.24 and a beta of 0.87.

ExlService (NASDAQ:EXLS) last issued its 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. ExlService had a net margin of 11.66% and a return on equity of 28.50%. The firm had revenue of $570.35 million for the quarter, compared to analysts’ expectations of $557.67 million. During the same quarter last year, the company earned $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 anticipate that ExlService Holdings, Inc. will post 1.79 earnings per share for the current year.

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

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Barrington Research set a $40.00 target price on ExlService and gave the company an “outperform” rating in a report on Thursday, April 30th. Needham & Company LLC reaffirmed a “buy” rating and set a $40.00 price objective (down from $55.00) on shares of ExlService in a report on Wednesday, February 25th. TD Cowen decreased their target price on ExlService from $51.00 to $45.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. JPMorgan Chase & Co. upped their price target on shares of ExlService from $42.00 to $43.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Finally, Robert W. Baird set a $35.00 price objective on ExlService in a research note on Wednesday, February 25th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $41.50.

Institutional Trading of ExlService

A number of hedge funds have recently made changes to their positions in the company. True Wealth Design LLC raised its position in shares of ExlService by 57.2% in the 4th quarter. True Wealth Design LLC now owns 706 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 257 shares in the last quarter. Private Trust Co. NA grew its position in ExlService by 56.2% in the 4th quarter. Private Trust Co. NA now owns 717 shares of the business services provider’s stock valued at $30,000 after buying an additional 258 shares in the last quarter. Fifth Third Bancorp raised its holdings in ExlService by 15.0% during the fourth quarter. Fifth Third Bancorp now owns 1,982 shares of the business services provider’s stock worth $84,000 after purchasing an additional 259 shares in the last quarter. Composition Wealth LLC lifted its holdings in ExlService by 1.6% in the 4th quarter. Composition Wealth LLC now owns 20,230 shares of the business services provider’s stock valued at $859,000 after acquiring an additional 314 shares during the last quarter. Finally, Public Employees Retirement System of Ohio grew its position in ExlService by 0.6% in the third quarter. Public Employees Retirement System of Ohio now owns 54,274 shares of the business services provider’s stock worth $2,390,000 after buying an additional 318 shares during the last quarter. Hedge funds and other institutional investors own 92.92% of the company’s stock.

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.