Odyssean LLC Takes $2.67 Million Position in ExlService Holdings, Inc. $EXLS

Odyssean LLC acquired a new position in ExlService Holdings, Inc. (NASDAQ:EXLS) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 103,080 shares of the business services provider’s stock, valued at approximately $2,666,000.

Other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in ExlService during the 2nd quarter valued at approximately $488,370,000. JPMorgan Chase & Co. boosted its stake in ExlService by 9.5% in the 4th quarter. JPMorgan Chase & Co. now owns 5,927,793 shares of the business services provider’s stock worth $251,576,000 after purchasing an additional 514,911 shares during the period. AQR Capital Management LLC boosted its stake in ExlService by 109.7% in the 4th quarter. AQR Capital Management LLC now owns 4,118,625 shares of the business services provider’s stock worth $174,794,000 after purchasing an additional 2,154,652 shares during the period. Handelsbanken Fonder AB grew its holdings in ExlService by 10.7% during the 4th quarter. Handelsbanken Fonder AB now owns 3,781,036 shares of the business services provider’s stock valued at $160,467,000 after buying an additional 364,146 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in ExlService by 1.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,902,412 shares of the business services provider’s stock valued at $123,181,000 after buying an additional 32,734 shares in the last quarter. Hedge funds and other institutional investors own 92.92% of the company’s stock.

Wall Street Analyst Weigh In

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

Insider Activity at ExlService

In other news, insider Vikas Bhalla sold 12,000 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $30.22, for a total value of $362,640.00. Following the sale, the insider directly owned 153,295 shares in the company, valued at $4,632,574.90. The trade was a 7.26% decrease in their position. The transaction was disclosed in a filing with the SEC, 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 owned by insiders.

ExlService Stock Performance

NASDAQ EXLS opened at $38.40 on Friday. The stock has a 50 day moving average price of $31.13 and a 200-day moving average price of $30.46. ExlService Holdings, Inc. has a one year low of $24.85 and a one year high of $45.08. The company has a market capitalization of $5.82 billion, a P/E ratio of 24.15, a P/E/G ratio of 1.53 and a beta of 0.80.

ExlService (NASDAQ:EXLS) last announced its quarterly 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. The company had revenue of $594.76 million for the quarter, compared to analysts’ expectations of $573.94 million. ExlService had a net margin of 11.17% and a return on equity of 30.61%. ExlService’s quarterly revenue was up 15.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.49 earnings per share. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. As a group, equities analysts predict that ExlService Holdings, Inc. will post 1.82 EPS for the current fiscal year.

ExlService Company 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.