Fox Run Management L.L.C. Makes New $1.46 Million Investment in ExlService Holdings, Inc. $EXLS

Fox Run Management L.L.C. acquired a new position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 34,295 shares of the business services provider’s stock, valued at approximately $1,455,000.

Other large investors have also recently bought and sold shares of the company. M&G PLC acquired a new stake in ExlService during the third quarter worth about $12,527,000. Nordea Investment Management AB acquired a new stake in ExlService during the fourth quarter worth about $23,570,000. Aberdeen Group plc boosted its stake in shares of ExlService by 18.8% in the 4th quarter. Aberdeen Group plc now owns 562,437 shares of the business services provider’s stock valued at $23,870,000 after purchasing an additional 89,194 shares in the last quarter. Fort Washington Investment Advisors Inc. OH boosted its stake in shares of ExlService by 18.5% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 693,008 shares of the business services provider’s stock valued at $29,411,000 after purchasing an additional 108,398 shares in the last quarter. Finally, UBS Group AG boosted its stake in shares of ExlService by 103.6% in the 4th quarter. UBS Group AG now owns 1,091,714 shares of the business services provider’s stock valued at $46,332,000 after purchasing an additional 555,382 shares in the last quarter. 92.92% of the stock is currently owned by institutional investors and hedge funds.

ExlService Stock Down 0.7%

NASDAQ:EXLS opened at $29.47 on Tuesday. The firm’s 50 day simple moving average is $30.12 and its 200 day simple moving average is $34.59. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 2.66. ExlService Holdings, Inc. has a one year low of $26.82 and a one year high of $48.54. The company has a market cap of $4.50 billion, a PE ratio of 18.77, a P/E/G ratio of 1.25 and a beta of 0.83.

ExlService (NASDAQ:EXLS) last posted its earnings results on Tuesday, April 28th. The business services provider reported $0.58 EPS for the quarter, topping the consensus estimate of $0.53 by $0.05. ExlService had a net margin of 11.66% and a return on equity of 28.50%. The business had revenue of $570.35 million for the quarter, compared to the consensus estimate of $557.67 million. During the same period last year, the company earned $0.48 EPS. The firm’s revenue was up 13.8% compared to the same quarter last year. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. On average, research analysts anticipate that ExlService Holdings, Inc. will post 1.79 earnings per share for the current year.

ExlService announced that its board has approved a stock repurchase program on Tuesday, March 17th that allows the company to buyback $125.00 million in outstanding shares. This buyback authorization allows the business services provider to purchase up to 2.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

Insider Activity at ExlService

In related 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 transaction of $148,257.23. Following the sale, the executive vice president directly owned 48,994 shares in the company, valued at $1,426,215.34. This trade represents a 9.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vikas Bhalla sold 12,000 shares of ExlService stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $30.22, for a total transaction of $362,640.00. Following the sale, the insider owned 153,295 shares in the company, valued at approximately $4,632,574.90. This represents a 7.26% decrease in their ownership of the stock. 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 owned by company insiders.

Analysts Set New Price Targets

EXLS has been the topic of a number of research analyst reports. Barrington Research set a $40.00 price target on shares of ExlService and gave the company an “outperform” rating in a research note on Thursday, April 30th. TD Cowen reduced their price target on shares of ExlService from $51.00 to $45.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Stifel Nicolaus reduced their price target on shares of ExlService from $54.00 to $46.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Needham & Company LLC restated a “buy” rating and issued a $40.00 price target (down from $55.00) on shares of ExlService in a research note on Wednesday, February 25th. Finally, Robert W. Baird set a $35.00 price target on shares of ExlService in a research note on Wednesday, February 25th. Five analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $41.50.

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.