Sanctuary Advisors LLC Acquires Shares of 46,995 ExlService Holdings, Inc. $EXLS

Sanctuary Advisors LLC acquired a new stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 46,995 shares of the business services provider’s stock, valued at approximately $1,215,000.

A number of other institutional investors also recently modified their holdings of the company. BlackRock Inc. bought a new stake in shares of ExlService in the second quarter worth about $488,370,000. AQR Capital Management LLC raised its position in ExlService by 109.7% during the 4th 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 last quarter. Amundi bought a new position in ExlService during the 3rd quarter valued at approximately $67,862,000. Jane Street Group LLC lifted 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 worth $59,318,000 after buying an additional 1,141,008 shares during the period. Finally, Bank of New York Mellon Corp purchased a new stake in ExlService in the 2nd quarter worth approximately $25,214,000. 92.92% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Vikas Bhalla sold 11,000 shares of the company’s stock in a transaction 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 directly owned 130,295 shares of the company’s stock, valued at $4,559,022.05. This represents a 7.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is currently owned by insiders.

Analysts Set New Price Targets

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

ExlService Stock Performance

ExlService stock opened at $38.18 on Friday. The stock’s 50 day simple moving average is $30.88 and its two-hundred day simple moving average is $30.40. The stock has a market cap of $5.79 billion, a price-to-earnings ratio of 24.01, a PEG ratio of 1.51 and a beta of 0.80. ExlService Holdings, Inc. has a fifty-two week low of $24.85 and a fifty-two week high of $45.08.

ExlService (NASDAQ:EXLS) last posted its earnings results on Tuesday, July 28th. The business services provider reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.04. ExlService had a return on equity of 30.61% and a net margin of 11.17%.The firm had revenue of $594.76 million for the quarter, compared to the consensus estimate of $573.94 million. During the same quarter in the prior year, the business earned $0.49 EPS. The business’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. On average, analysts predict that ExlService Holdings, Inc. will post 1.82 earnings per share for the current 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.