16,713 ExlService Holdings, Inc. $EXLS Shares Sold by Inspire Investing LLC

Inspire Investing LLC lessened its holdings in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 47.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,421 shares of the business services provider’s stock after selling 16,713 shares during the quarter. Inspire Investing LLC’s holdings in ExlService were worth $633,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EXLS. Hsbc Holdings PLC lifted its stake in shares of ExlService by 32.7% during the 2nd quarter. Hsbc Holdings PLC now owns 330,181 shares of the business services provider’s stock valued at $8,391,000 after buying an additional 81,379 shares in the last quarter. Legal & General Group Plc bought a new position in ExlService in the 2nd quarter worth approximately $5,429,000. Squarepoint Ops LLC boosted its holdings in ExlService by 85.0% in the 2nd quarter. Squarepoint Ops LLC now owns 201,805 shares of the business services provider’s stock worth $5,219,000 after buying an additional 92,697 shares during the period. Counterpoint Mutual Funds LLC bought a new position in ExlService in the 1st quarter worth approximately $4,767,000. Finally, Walleye Capital LLC grew its stake in ExlService by 1,422.3% in the 1st quarter. Walleye Capital LLC now owns 244,509 shares of the business services provider’s stock valued at $7,445,000 after buying an additional 228,447 shares in the last quarter. Institutional investors own 92.92% of the company’s stock.

Key Headlines Impacting ExlService

Here are the key news stories impacting ExlService this week:

• Positive Sentiment: OpenAI partnership strengthens AI growth narrative. EXL was named an OpenAI Select Partner, giving it access to resources and support to develop, sell, and deliver OpenAI-based solutions. The designation may improve the company’s credibility with enterprise customers and support demand for its data and AI services. EXL named an OpenAI Select Partner
• Positive Sentiment: Analysts continue to raise their expectations. Stifel Nicolaus raised its target to $48, TD Cowen lifted its target to $49, JPMorgan increased its target to $49, and Barrington Research raised its target to $48 while maintaining an outperform rating. These revisions reinforce positive sentiment and imply additional upside, although price targets are not guarantees. TD Cowen raises ExlService price target
• Positive Sentiment: AI-focused product expansion adds another potential growth driver. EXL introduced iMerit Scholars for regulated AI work, highlighting its effort to address specialized data and compliance requirements in industries where accuracy and oversight are important. ExlService debuts iMerit Scholars
• Positive Sentiment: Wall Street sees substantial potential upside. The average analyst price target indicates roughly 45% upside, while recent earnings-estimate revisions suggest improving expectations for EXL’s financial performance. ExlService analyst price target outlook
• Neutral Sentiment: Valuation remains a consideration. A comparison with Nutanix examines which stock offers better value, suggesting investors may weigh EXLS’s growth and AI prospects against its current valuation and the alternatives available in IT services. EXLS versus NTNX value comparison

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on EXLS. Weiss Ratings raised shares of ExlService from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday. TD Cowen increased their target price on ExlService from $45.00 to $49.00 and gave the stock a “buy” rating in a research report on Thursday. Needham & Company LLC raised their price target on ExlService from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Wednesday. Robert W. Baird set a $45.00 price target on ExlService and gave the company an “outperform” rating in a research report on Thursday, July 30th. Finally, Wall Street Zen upgraded ExlService from a “hold” rating to a “buy” rating in a research report on Saturday, September 26th. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, ExlService currently has an average rating of “Moderate Buy” and a consensus target price of $48.17.

ExlService Trading Up 0.8%

Shares of EXLS opened at $41.43 on Friday. The business’s 50-day moving average price is $37.33 and its 200-day moving average price is $32.80. ExlService Holdings, Inc. has a twelve month low of $24.85 and a twelve month high of $43.88. The stock has a market cap of $6.25 billion, a PE ratio of 22.59, a P/E/G ratio of 1.51 and a beta of 0.84. The company has a quick ratio of 1.24, a current ratio of 2.16 and a debt-to-equity ratio of 0.54.

ExlService (NASDAQ:EXLS) last announced its quarterly earnings results on Tuesday, October 27th. The business services provider reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.06. ExlService had a net margin of 11.13% and a return on equity of 32.53%. The firm had revenue of $633.96 million for the quarter, compared to the consensus estimate of $615.51 million. During the same period in the prior year, the firm posted $0.48 earnings per share. The company’s revenue for the quarter was up 19.7% on a year-over-year basis. On average, equities analysts forecast that ExlService Holdings, Inc. will post 1.85 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Vikas Bhalla sold 11,000 shares of the company’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $35.38, for a total transaction of $389,180.00. Following the sale, the insider owned 109,295 shares of the company’s stock, valued at approximately $3,866,857.10. This represents a 9.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.66% of the company’s stock.

ExlService 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.