Mitsubishi UFJ Asset Management Co. Ltd. Invests $2.51 Million in ExlService Holdings, Inc. $EXLS

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 96,973 shares of the business services provider’s stock, valued at approximately $2,508,000. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.06% of ExlService at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Private Trust Co. NA increased its holdings in shares of ExlService by 56.2% during 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. Fifth Third Bancorp increased its stake in shares of ExlService by 15.0% in the 4th quarter. Fifth Third Bancorp now owns 1,982 shares of the business services provider’s stock valued at $84,000 after buying an additional 259 shares during the period. Composition Wealth LLC raised its holdings in ExlService by 1.6% during the 4th quarter. Composition Wealth LLC now owns 20,230 shares of the business services provider’s stock worth $859,000 after purchasing an additional 314 shares during the last quarter. Public Employees Retirement System of Ohio raised its stake in shares of ExlService by 0.6% during the third quarter. Public Employees Retirement System of Ohio now owns 54,274 shares of the business services provider’s stock worth $2,390,000 after buying an additional 318 shares during the last quarter. Finally, Private Advisor Group LLC raised its position in shares of ExlService by 6.3% during the 3rd quarter. Private Advisor Group LLC now owns 6,038 shares of the business services provider’s stock valued at $266,000 after acquiring an additional 358 shares during the last quarter. Institutional investors own 92.92% of the company’s stock.

Insider Buying and Selling at ExlService

In related news, insider Vikas Bhalla sold 11,000 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $34.99, for a total value of $384,890.00. Following the completion of the sale, the insider directly owned 130,295 shares of the company’s stock, valued at approximately $4,559,022.05. This represents a 7.79% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is currently owned by company insiders.

Analyst Ratings Changes

EXLS has been the topic of a number of analyst reports. TD Cowen reiterated a “buy” rating and issued a $39.00 price target (down from $45.00) on shares of ExlService in a research report on Thursday, July 9th. JPMorgan Chase & Co. upped their price objective on ExlService from $42.00 to $43.00 and gave the stock an “overweight” rating in a research report on Thursday, April 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 research report on Wednesday, July 29th. Barrington Research set a $43.00 price target on ExlService in a research report on Thursday, July 30th. Finally, Robert W. Baird set a $45.00 target price on shares of ExlService and gave the company 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 issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $43.50.

ExlService Trading Up 1.3%

NASDAQ EXLS opened at $37.53 on Friday. The company has a 50 day moving average of $30.08 and a 200-day moving average of $30.31. The company has a market cap of $5.69 billion, a price-to-earnings ratio of 23.60, a PEG ratio of 1.49 and a beta of 0.80. ExlService Holdings, Inc. has a 1-year low of $24.85 and a 1-year high of $45.08.

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

About ExlService

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.