Two Sigma Securities LLC Invests $762,000 in ExlService Holdings, Inc. $EXLS

Two Sigma Securities LLC acquired a new position in shares of ExlService Holdings, Inc. (NASDAQ:EXLSFree Report) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 29,452 shares of the business services provider’s stock, valued at approximately $762,000.

Other hedge funds have also recently made changes to their positions in the company. Flputnam Investment Management Co. acquired a new position in ExlService during the second quarter worth $71,000. Hsbc Holdings PLC grew its stake in shares of ExlService by 32.7% in the second 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. Wellington Management Group LLP raised its holdings in shares of ExlService by 9.9% in the 2nd quarter. Wellington Management Group LLP now owns 521,148 shares of the business services provider’s stock valued at $13,477,000 after buying an additional 46,890 shares during the period. Caitlin John LLC purchased a new stake in shares of ExlService in the 2nd quarter valued at $443,000. Finally, Jefferies Financial Group Inc. acquired a new position in ExlService during the 2nd quarter worth about $3,804,000. Hedge funds and other institutional investors own 92.92% of the company’s stock.

ExlService Stock Performance

Shares of NASDAQ EXLS opened at $37.42 on Wednesday. The stock’s 50-day simple moving average is $31.60 and its 200-day simple moving average is $30.55. The firm has a market capitalization of $5.67 billion, a PE ratio of 23.53, a price-to-earnings-growth ratio of 1.53 and a beta of 0.81. ExlService Holdings, Inc. has a fifty-two week low of $24.85 and a fifty-two week high of $45.08.

ExlService (NASDAQ:EXLSGet Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The business services provider reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. The firm had revenue of $594.76 million during the quarter, compared to the consensus estimate of $573.94 million. ExlService had a return on equity of 30.61% and a net margin of 11.17%.The firm’s quarterly revenue was up 15.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.49 earnings per share. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. On average, sell-side analysts forecast that ExlService Holdings, Inc. will post 1.82 earnings per share for the current fiscal year.

Insider Buying and Selling at ExlService

In other ExlService news, insider Vikas Bhalla sold 11,000 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $34.99, for a total value of $384,890.00. Following the completion of the transaction, the insider owned 130,295 shares in the company, valued at $4,559,022.05. This represents a 7.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at 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.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on EXLS shares. TD Cowen restated a “buy” rating and set a $45.00 target price (up from $43.00) on shares of ExlService in a report on Thursday, August 27th. Needham & Company LLC increased their price target on shares of ExlService from $40.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Barrington Research set a $43.00 price objective on shares of ExlService in a research note on Thursday, July 30th. Weiss Ratings upgraded shares of ExlService from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, August 19th. Finally, Robert W. Baird set a $45.00 target price on shares of ExlService and gave the stock an “outperform” rating in a report on Thursday, July 30th. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, ExlService presently has an average rating of “Moderate Buy” and a consensus target price of $44.50.

View Our Latest Research Report on EXLS

About ExlService

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for ExlService (NASDAQ:EXLS)

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