Roberts Glore & Co. Inc. IL Invests $363,000 in ExlService Holdings, Inc. $EXLS

Roberts Glore & Co. Inc. IL bought a new stake in ExlService Holdings, Inc. (NASDAQ:EXLS) during the second quarter, according to its most recent filing with the SEC. The firm bought 14,023 shares of the business services provider’s stock, valued at approximately $363,000.

Other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in ExlService during the 2nd quarter worth $488,370,000. JPMorgan Chase & Co. grew its position in shares of ExlService by 9.5% in the fourth quarter. JPMorgan Chase & Co. now owns 5,927,793 shares of the business services provider’s stock valued at $251,576,000 after purchasing an additional 514,911 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of ExlService by 109.7% in the fourth quarter. AQR Capital Management LLC now owns 4,118,625 shares of the business services provider’s stock worth $174,794,000 after purchasing an additional 2,154,652 shares during the period. Handelsbanken Fonder AB lifted its position in shares of ExlService by 10.7% during the 4th quarter. Handelsbanken Fonder AB now owns 3,781,036 shares of the business services provider’s stock worth $160,467,000 after purchasing an additional 364,146 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of ExlService by 1.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,902,412 shares of the business services provider’s stock worth $123,181,000 after purchasing an additional 32,734 shares during the last quarter. Institutional investors own 92.92% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. JPMorgan Chase & Co. raised their target price on ExlService from $42.00 to $43.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Needham & Company LLC upped their price target on ExlService from $40.00 to $45.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Weiss Ratings raised ExlService from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, August 19th. Barrington Research set a $43.00 price objective on shares of ExlService in a research note on Thursday, July 30th. Finally, Robert W. Baird set a $45.00 target price on shares of ExlService and gave the stock an “outperform” rating in a research report on Thursday, July 30th. Six investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $43.50.

Insider Buying and Selling

In related news, insider Vikas Bhalla sold 12,000 shares of the firm’s stock in a transaction on 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 transaction, the insider directly owned 153,295 shares of the company’s stock, valued at $4,632,574.90. This trade represents a 7.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is currently owned by company insiders.

ExlService Stock Down 0.6%

EXLS stock opened at $37.45 on Wednesday. ExlService Holdings, Inc. has a twelve month low of $24.85 and a twelve month high of $45.08. The company has a market cap of $5.68 billion, a PE ratio of 23.55, a price-to-earnings-growth ratio of 1.51 and a beta of 0.80. The business’s 50-day simple moving average is $30.44 and its 200 day simple moving average is $30.31.

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