EULAV Asset Management Increases Holdings in ExlService Holdings, Inc. $EXLS

EULAV Asset Management raised its stake in ExlService Holdings, Inc. (NASDAQ:EXLS) by 7.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 584,095 shares of the business services provider’s stock after purchasing an additional 38,992 shares during the quarter. EULAV Asset Management owned about 0.36% of ExlService worth $25,718,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of EXLS. Empowered Funds LLC boosted its holdings in ExlService by 277.7% in the 1st quarter. Empowered Funds LLC now owns 17,384 shares of the business services provider’s stock worth $821,000 after acquiring an additional 12,781 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of ExlService by 4.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 497,474 shares of the business services provider’s stock worth $23,486,000 after purchasing an additional 19,769 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of ExlService in the first quarter valued at $10,084,000. Livforsakringsbolaget Skandia Omsesidigt boosted its stake in shares of ExlService by 21.4% in the second quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 68,600 shares of the business services provider’s stock valued at $3,003,000 after purchasing an additional 12,100 shares during the period. Finally, Park Avenue Securities LLC acquired a new stake in ExlService during the 2nd quarter valued at $264,000. 92.92% of the stock is currently owned by hedge funds and other institutional investors.

ExlService Price Performance

Shares of EXLS stock opened at $42.63 on Friday. The firm has a fifty day moving average of $41.16 and a two-hundred day moving average of $42.14. The firm has a market cap of $6.77 billion, a P/E ratio of 29.00, a P/E/G ratio of 1.71 and a beta of 0.91. ExlService Holdings, Inc. has a 1-year low of $37.30 and a 1-year high of $52.43. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.91 and a quick ratio of 2.91.

ExlService (NASDAQ:EXLS) last issued its quarterly earnings results on Tuesday, October 28th. The business services provider reported $0.48 EPS for the quarter, topping the consensus estimate of $0.47 by $0.01. The business had revenue of $529.59 million for the quarter, compared to analysts’ expectations of $522.35 million. ExlService had a net margin of 11.91% and a return on equity of 25.60%. The company’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.44 earnings per share. ExlService has set its FY 2025 guidance at 1.880-1.920 EPS. As a group, research analysts anticipate that ExlService Holdings, Inc. will post 1.27 earnings per share for the current fiscal year.

Insider Activity at ExlService

In other news, insider Vikas Bhalla sold 11,774 shares of the business’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $39.99, for a total value of $470,842.26. Following the completion of the sale, the insider directly owned 115,272 shares in the company, valued at approximately $4,609,727.28. The trade was a 9.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 4.04% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on EXLS. Weiss Ratings cut shares of ExlService from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday, October 25th. Wall Street Zen upgraded ExlService from a “hold” rating to a “buy” rating in a research note on Saturday, January 3rd. Finally, TD Cowen reduced their price target on ExlService from $52.00 to $51.00 and set a “buy” rating for the company in a report on Friday, January 9th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, ExlService presently has a consensus rating of “Moderate Buy” and an average price target of $53.80.

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.