GSA Capital Partners LLP acquired a new stake in ExlService Holdings, Inc. (NASDAQ:EXLS – Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 25,953 shares of the business services provider’s stock, valued at approximately $671,000.
Several other large investors have also recently bought and sold shares of EXLS. Transamerica Financial Advisors LLC raised its position in shares of 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 purchasing an additional 502 shares during the period. Private Trust Co. NA boosted its holdings in ExlService by 56.2% during the fourth 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 last quarter. 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 buying an additional 875 shares during the last quarter. Leonteq Securities AG acquired a new position in ExlService during the fourth quarter valued at approximately $59,000. Finally, First Horizon Corp boosted its holdings in shares of ExlService by 115.0% in the 4th quarter. First Horizon Corp now owns 1,559 shares of the business services provider’s stock valued at $66,000 after buying an additional 834 shares during the last quarter. Institutional investors own 92.92% of the company’s stock.
Insider Activity
In related news, insider Vikas Bhalla sold 12,000 shares of the stock in a transaction 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 transaction, the insider directly 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 can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is owned by insiders.
ExlService Stock Performance
ExlService (NASDAQ:EXLS – Get Free Report) last released its earnings results on Tuesday, July 28th. The business services provider reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.04. The business had revenue of $594.76 million for the quarter, compared to analyst estimates of $573.94 million. ExlService had a net margin of 11.17% and a return on equity of 30.61%. ExlService’s revenue for the quarter was up 15.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.49 earnings per share. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. Research analysts predict that ExlService Holdings, Inc. will post 1.82 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on the company. JPMorgan Chase & Co. lifted their price target on ExlService from $42.00 to $43.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Weiss Ratings downgraded shares of ExlService from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, June 30th. TD Cowen reissued a “buy” rating and set a $39.00 target price (down from $45.00) on shares of ExlService in a report on Thursday, July 9th. Needham & Company LLC lifted their price objective on shares of ExlService from $40.00 to $45.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Finally, Robert W. Baird set a $45.00 target price on ExlService and gave the stock an “outperform” rating in a research note on Thursday, July 30th. Six equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, ExlService currently has a consensus rating of “Moderate Buy” and an average target price of $43.50.
Read Our Latest Report on ExlService
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.
Featured Stories
- Five stocks we like better than ExlService
- Bloom Energy’s AI Surge Meets a Valuation Reality Check
- Target Is Winning Shoppers Back—Can the Rally Reach $180?
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
- Is Apple’s AI Strategy Smarter Than Skeptics Think?
Want to see what other hedge funds are holding EXLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ExlService Holdings, Inc. (NASDAQ:EXLS – Free Report).
Receive News & Ratings for ExlService Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ExlService and related companies with MarketBeat.com's FREE daily email newsletter.
