West Tower Group LLC Cuts Position in ExlService Holdings, Inc. $EXLS

West Tower Group LLC trimmed its position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) by 68.6% during the 1st quarter, Holdings Channel reports. The fund owned 8,700 shares of the business services provider’s stock after selling 19,000 shares during the period. ExlService makes up approximately 0.8% of West Tower Group LLC’s investment portfolio, making the stock its 24th biggest position. West Tower Group LLC’s holdings in ExlService were worth $265,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Transamerica Financial Advisors LLC grew its holdings in shares of ExlService by 285.2% in the fourth quarter. Transamerica Financial Advisors LLC now owns 678 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 502 shares in the last quarter. True Wealth Design LLC raised its stake in ExlService by 57.2% during the fourth quarter. True Wealth Design LLC now owns 706 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 257 shares in the last quarter. Private Trust Co. NA lifted its position in ExlService by 56.2% during the fourth quarter. Private Trust Co. NA now owns 717 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 258 shares during the last quarter. V Square Quantitative Management LLC purchased a new position in shares of ExlService in the 4th quarter worth $33,000. Finally, Hantz Financial Services Inc. grew its stake in shares of ExlService by 183.1% in the 4th quarter. Hantz Financial Services Inc. now owns 1,353 shares of the business services provider’s stock worth $57,000 after buying an additional 875 shares in the last quarter. 92.92% of the stock is currently owned by institutional investors.

Insider Buying and Selling at ExlService

In other news, EVP Ajay Ayyappan sold 5,093 shares of ExlService stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $29.11, for a total value of $148,257.23. Following the transaction, the executive vice president owned 48,994 shares of the company’s stock, valued at $1,426,215.34. The trade was a 9.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vikas Bhalla sold 12,000 shares of the firm’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $30.22, for a total value of $362,640.00. Following the completion of the sale, the insider directly owned 153,295 shares of the company’s stock, valued at approximately $4,632,574.90. This represents a 7.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is currently owned by corporate insiders.

ExlService Stock Performance

ExlService stock opened at $27.84 on Wednesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 2.66. The firm has a market capitalization of $4.25 billion, a P/E ratio of 17.73, a price-to-earnings-growth ratio of 1.14 and a beta of 0.84. ExlService Holdings, Inc. has a 1-year low of $24.85 and a 1-year high of $47.11. The company’s 50-day moving average is $28.59 and its 200 day moving average is $32.64.

ExlService (NASDAQ:EXLS) last released its earnings results on Tuesday, April 28th. The business services provider reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.05. ExlService had a return on equity of 28.50% and a net margin of 11.66%.The firm had revenue of $570.35 million for the quarter, compared to analysts’ expectations of $557.67 million. During the same quarter in the prior year, the firm posted $0.48 earnings per share. The company’s quarterly revenue was up 13.8% on a year-over-year basis. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. Research analysts forecast that ExlService Holdings, Inc. will post 1.8 EPS for the current year.

ExlService declared that its board has initiated a stock buyback plan on Tuesday, March 17th that authorizes the company to buyback $125.00 million in outstanding shares. This buyback authorization authorizes the business services provider to purchase up to 2.7% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on EXLS shares. TD Cowen restated a “buy” rating on shares of ExlService in a research report on Wednesday, June 17th. Barrington Research reissued an “outperform” rating and set a $40.00 price objective on shares of ExlService in a research note on Thursday, June 25th. Weiss Ratings downgraded ExlService from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, June 30th. Finally, JPMorgan Chase & Co. raised their price objective on ExlService from $42.00 to $43.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $41.50.

ExlService 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.