UNIVEST FINANCIAL Corp Purchases Shares of 167,574 ExlService Holdings, Inc. $EXLS

UNIVEST FINANCIAL Corp purchased a new position in ExlService Holdings, Inc. (NASDAQ:EXLS) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 167,574 shares of the business services provider’s stock, valued at approximately $4,333,000.

Several other hedge funds and other institutional investors have also made changes to their positions in EXLS. Transamerica Financial Advisors LLC increased 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 worth $29,000 after purchasing an additional 502 shares during the last quarter. Private Trust Co. NA lifted its position in shares of ExlService by 56.2% in the fourth quarter. Private Trust Co. NA now owns 717 shares of the business services provider’s stock worth $30,000 after buying an additional 258 shares in the last quarter. Hantz Financial Services Inc. boosted its stake in ExlService by 183.1% during the fourth quarter. Hantz Financial Services Inc. now owns 1,353 shares of the business services provider’s stock valued at $57,000 after buying an additional 875 shares during the last quarter. Leonteq Securities AG bought a new position in ExlService during the fourth quarter valued at approximately $59,000. Finally, First Horizon Corp grew its holdings in ExlService by 115.0% during the 4th quarter. First Horizon Corp now owns 1,559 shares of the business services provider’s stock valued at $66,000 after buying an additional 834 shares in the last quarter. Institutional investors own 92.92% of the company’s stock.

ExlService Stock Performance

NASDAQ EXLS opened at $34.56 on Tuesday. The company has a market cap of $5.24 billion, a P/E ratio of 21.74, a P/E/G ratio of 1.40 and a beta of 0.80. The business’s 50 day moving average price is $29.47 and its 200-day moving average price is $30.31. 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 released its quarterly earnings results on Tuesday, July 28th. The business services provider reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.04. The company had revenue of $594.76 million for the quarter, compared to analyst estimates of $573.94 million. ExlService had a return on equity of 30.61% and a net margin of 11.17%.ExlService’s quarterly revenue was up 15.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.49 EPS. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. As a group, equities analysts predict that ExlService Holdings, Inc. will post 1.82 EPS for the current year.

Insiders Place Their Bets

In other news, insider Vikas Bhalla sold 12,000 shares of the firm’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $30.22, for a total value of $362,640.00. Following the completion of the sale, the insider owned 153,295 shares in the company, valued at approximately $4,632,574.90. This trade represents a 7.26% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Ajay Ayyappan sold 5,093 shares of ExlService stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $29.11, for a total transaction of $148,257.23. Following the transaction, the executive vice president directly owned 48,994 shares of the company’s stock, valued at approximately $1,426,215.34. This represents a 9.42% 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. Insiders have sold 28,093 shares of company stock worth $895,787 in the last quarter. Company insiders own 3.66% of the company’s stock.

Wall Street Analyst Weigh In

EXLS has been the topic of a number of research reports. Robert W. Baird set a $45.00 price objective on ExlService and gave the stock an “outperform” rating in a research note on Thursday, July 30th. Barrington Research set a $43.00 target price on ExlService in a research report on Thursday, July 30th. Needham & Company LLC raised their target price on shares of ExlService from $40.00 to $45.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. JPMorgan Chase & Co. boosted their price target on shares of ExlService from $42.00 to $43.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Finally, TD Cowen reaffirmed a “buy” rating and set a $39.00 price target (down from $45.00) on shares of ExlService in a research note on Thursday, July 9th. Six analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, ExlService has an average rating of “Moderate Buy” and an average price target of $43.50.

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.