Leeward Investments LLC MA Sells 15,826 Shares of ExlService Holdings, Inc. $EXLS

Leeward Investments LLC MA lessened its stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 5.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 273,421 shares of the business services provider’s stock after selling 15,826 shares during the period. Leeward Investments LLC MA owned about 0.18% of ExlService worth $9,400,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in EXLS. Versant Capital Management Inc grew its position in shares of ExlService by 14.6% during the 3rd quarter. Versant Capital Management Inc now owns 2,261 shares of the business services provider’s stock valued at $78,000 after acquiring an additional 288 shares during the period. Diversified Trust Co increased its stake in shares of ExlService by 5.2% during the 1st quarter. Diversified Trust Co now owns 7,441 shares of the business services provider’s stock worth $227,000 after purchasing an additional 371 shares during the last quarter. QRG Capital Management Inc. raised its holdings in shares of ExlService by 3.2% in the 2nd quarter. QRG Capital Management Inc. now owns 14,604 shares of the business services provider’s stock worth $378,000 after purchasing an additional 447 shares during the period. Oregon Public Employees Retirement Fund raised its holdings in shares of ExlService by 1.6% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 32,241 shares of the business services provider’s stock worth $982,000 after purchasing an additional 500 shares during the period. Finally, Gibbs Wealth Management raised its holdings in shares of ExlService by 5.4% in the 3rd quarter. Gibbs Wealth Management now owns 10,402 shares of the business services provider’s stock worth $358,000 after purchasing an additional 535 shares during the period. Hedge funds and other institutional investors own 92.92% of the company’s stock.

ExlService Price Performance

NASDAQ EXLS opened at $42.30 on Monday. The firm has a market cap of $6.41 billion, a P/E ratio of 26.60, a price-to-earnings-growth ratio of 1.70 and a beta of 0.84. The company’s 50 day moving average is $36.83 and its 200-day moving average is $32.20. ExlService Holdings, Inc. has a 12-month low of $24.85 and a 12-month high of $43.88.

ExlService (NASDAQ:EXLS) last released its quarterly earnings data on Tuesday, July 28th. The business services provider reported $0.59 EPS 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 during the quarter, compared to the consensus estimate of $573.94 million. During the same period last year, the firm earned $0.49 EPS. ExlService’s revenue for the quarter was up 15.6% on a year-over-year basis. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. Equities analysts expect that ExlService Holdings, Inc. will post 1.82 EPS for the current year.

Insider Activity

In other news, insider Vikas Bhalla sold 11,000 shares of the firm’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $35.38, for a total value of $389,180.00. Following the completion of the transaction, the insider directly owned 109,295 shares of the company’s stock, valued at $3,866,857.10. This trade represents a 9.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have issued reports on EXLS shares. Robert W. Baird set a $45.00 target price on ExlService and gave the stock an “outperform” rating in a research report on Thursday, July 30th. Wall Street Zen upgraded ExlService from a “hold” rating to a “buy” rating in a research note on Saturday, September 26th. Barrington Research set a $43.00 price target on ExlService in a research report on Thursday, July 30th. TD Cowen reiterated a “buy” rating and set a $45.00 price target (up from $43.00) on shares of ExlService in a research note on Thursday, August 27th. Finally, Needham & Company LLC lifted 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. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $44.50.

ExlService Company Profile

ExlService Holdings, Inc, operating under the EXL brand, is a data analytics and digital operations company that helps businesses use data, technology and artificial intelligence to improve decision-making, manage risk and enhance operational performance. Its services include data management, advanced analytics, business process solutions, automation and technology-enabled transformation.

EXL serves clients across industries including insurance, healthcare, banking and capital markets, utilities, travel and transportation, retail, media and manufacturing.