Susquehanna International Group LLP Increases Stake in ExlService Holdings, Inc. $EXLS

Susquehanna International Group LLP raised its position in ExlService Holdings, Inc. (NASDAQ:EXLS) by 319.8% in the 2nd quarter, Holdings Channel reports. The fund owned 59,383 shares of the business services provider’s stock after acquiring an additional 45,239 shares during the period. Susquehanna International Group LLP’s holdings in ExlService were worth $1,536,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of ExlService during the second quarter worth about $488,370,000. AQR Capital Management LLC lifted its position in ExlService by 109.7% in the fourth quarter. AQR Capital Management LLC now owns 4,118,625 shares of the business services provider’s stock valued at $174,794,000 after purchasing an additional 2,154,652 shares during the period. Bank of America Corp DE acquired a new stake in ExlService in the second quarter valued at about $48,189,000. Amundi purchased a new stake in ExlService in the 3rd quarter valued at approximately $67,862,000. Finally, Jane Street Group LLC boosted its holdings in ExlService by 534.2% in the 2nd quarter. Jane Street Group LLC now owns 1,354,599 shares of the business services provider’s stock valued at $59,318,000 after purchasing an additional 1,141,008 shares in the last quarter. Hedge funds and other institutional investors own 92.92% of the company’s stock.

ExlService Stock Performance

EXLS stock opened at $38.40 on Monday. The company has a market cap of $5.82 billion, a P/E ratio of 24.15, a P/E/G ratio of 1.54 and a beta of 0.80. ExlService Holdings, Inc. has a 52 week low of $24.85 and a 52 week high of $45.08. The company’s 50-day moving average price is $31.13 and its 200 day moving average price is $30.46.

ExlService (NASDAQ:EXLS) last issued its earnings results on Tuesday, July 28th. The business services provider reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.04. ExlService had a net margin of 11.17% and a return on equity of 30.61%. The company had revenue of $594.76 million for the quarter, compared to analyst estimates of $573.94 million. During the same period in the prior year, the business posted $0.49 earnings per share. The firm’s revenue for the quarter was up 15.6% compared to the same quarter last year. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. On average, equities research analysts expect that ExlService Holdings, Inc. will post 1.82 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Weiss Ratings raised ExlService from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, August 19th. Robert W. Baird set a $45.00 price target on ExlService and gave the company an “outperform” rating in a research note on Thursday, July 30th. Barrington Research set a $43.00 price objective on ExlService in a report on Thursday, July 30th. Needham & Company LLC upped their price objective on ExlService from $40.00 to $45.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Finally, TD Cowen reiterated a “buy” rating and issued a $45.00 price objective (up from $43.00) on shares of ExlService in a research report on Thursday. Six analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $44.50.

Insider Activity at ExlService

In related news, insider Vikas Bhalla sold 11,000 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $34.99, for a total value of $384,890.00. Following the sale, the insider owned 130,295 shares in the company, valued at $4,559,022.05. This represents a 7.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is owned by company insiders.

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.