ExlService Holdings, Inc. $EXLS Shares Sold by Fox Run Management L.L.C.

Fox Run Management L.L.C. reduced its position in ExlService Holdings, Inc. (NASDAQ:EXLS) by 82.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,539 shares of the business services provider’s stock after selling 39,124 shares during the period. Fox Run Management L.L.C.’s holdings in ExlService were worth $374,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Whittier Trust Co. purchased a new position in ExlService in the first quarter valued at $45,000. Strategic Investment Solutions Inc. IL purchased a new stake in ExlService in the 1st quarter worth $77,000. Morse Asset Management Inc raised its position in ExlService by 51.8% during the first quarter. Morse Asset Management Inc now owns 1,685 shares of the business services provider’s stock worth $80,000 after acquiring an additional 575 shares during the period. Caitong International Asset Management Co. Ltd lifted its holdings in ExlService by 25.7% during the first quarter. Caitong International Asset Management Co. Ltd now owns 1,803 shares of the business services provider’s stock valued at $85,000 after purchasing an additional 369 shares in the last quarter. Finally, Huntington National Bank grew its position in shares of ExlService by 14.4% in the second quarter. Huntington National Bank now owns 1,953 shares of the business services provider’s stock valued at $86,000 after purchasing an additional 246 shares during the period. Institutional investors and hedge funds own 92.92% of the company’s stock.

Insider Buying and Selling at ExlService

In related news, insider Vikas Bhalla sold 8,000 shares of the firm’s stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $43.76, for a total transaction of $350,080.00. Following the completion of the sale, the insider directly owned 127,046 shares of the company’s stock, valued at approximately $5,559,532.96. This trade represents a 5.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 4.04% of the company’s stock.

ExlService Stock Performance

ExlService stock opened at $39.51 on Thursday. The firm has a 50 day simple moving average of $41.84 and a 200-day simple moving average of $43.67. The stock has a market cap of $6.27 billion, a price-to-earnings ratio of 26.88, a price-to-earnings-growth ratio of 1.77 and a beta of 0.90. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.91 and a quick ratio of 3.15. ExlService Holdings, Inc. has a 1-year low of $37.30 and a 1-year high of $52.43.

ExlService (NASDAQ:EXLS) last released its quarterly earnings data on Tuesday, October 28th. The business services provider reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.01. The firm had revenue of $529.59 million for the quarter, compared to analysts’ expectations of $522.35 million. ExlService had a return on equity of 25.60% and a net margin of 11.91%.The firm’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.44 earnings per share. ExlService has set its FY 2025 guidance at 1.880-1.920 EPS. On average, analysts expect that ExlService Holdings, Inc. will post 1.27 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on EXLS shares. Wall Street Zen raised ExlService from a “hold” rating to a “buy” rating in a research note on Sunday. Weiss Ratings lowered shares of ExlService from a “buy (b-)” rating to a “hold (c+)” rating in a report on Saturday, October 25th. Finally, JPMorgan Chase & Co. cut their price objective on shares of ExlService from $56.00 to $52.00 and set an “overweight” rating for the company in a report on Wednesday, August 20th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $54.50.

About ExlService

ExlService Holdings, Inc operates as a data analytics, and digital operations and solutions company in the United States and internationally. The company operates through Insurance, Healthcare, Analytics, and Emerging Business segments. It also provides digital operations and solutions and analytics-driven services, such as claims processing, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business acquisition, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer service using digital technology, artificial intelligence, machine learning, and advanced automation; digital customer acquisition services using a software-as-a-service delivery model through LifePRO and LISS platforms; subrogation services; and Subrosource software platform, an end-to-end subrogation platform.